| 1 min read
Register for free to listen to this article
Listen with Speechify
0:00
1:00
INGELHEIM, Germany and CAMBRIDGE, U.K.—Althoughfinancial details of the transaction were not disclosed, Boehringer Ingelheim announcedJuly 23 that it and Funxional Therapeutics, a clinical-stage, private company, hadsigned a deal under which Boehringer Ingelheim will acquire the global rightsto Funxional Therapeutics' FX125L compound and somatotaxin program.
 
 
FX125L is a small molecule to treat a broad rangeof inflammatory diseases that was recently studied in a Phase II clinical trialin patients, and Boehringer Ingelheim will be responsible for all furtherresearch, development and commercialization of that compound.
 
 
"Boehringer Ingelheim is delighted to addanother promising compound to its development pipeline of drugs for thetreatment of respiratory disease, one of its most important therapeutic areas,"said Prof. Klaus Dugi, corporate senior vice president of medicine. "Byacquiring the Funxional Therapeutics program, we are looking forward tobringing a potential new therapy to patients, for instance those suffering fromasthma and COPD."
 
 
While the FX125L compound is what has most caughtBoehginer Ingelheim's eye, it seems, the drug is part of a larger somatotaxinprogram. Somatotaxins, the companies explain, are a new class ofanti-inflammatory small molecules that exploit a new pathway discovered by FunxionalTherapeutics. This novel pathway acts through the type-2 somatostatin receptorinvolved in the resolution of inflammation, which is disrupted in chronicinflammatory diseases such as asthma, COPD and rheumatoid arthritis. FunxionalTherapeutics' portfolio of somatotaxins exploit this pathway to deliver reportedlybroad and potent anti-inflammatory activity, with different compounds optimizedfor topical, parenteral and oral delivery.
 
 
"We are very pleased that the futuredevelopment of FX125L and the somatotaxin programme will be now driven forward byBoehringer Ingelheim," said David Grainger, founder and chief scientific officerof Funxional Therapeutics. "They are a very impressive organization and theirpeople have the necessary knowledge, skills and experience to successfullydevelop FX125L."
 
 
 


About the Author

Related Topics

Loading Next Article...
Loading Next Article...
Subscribe to Newsletter

Subscribe to our eNewsletters

Stay connected with all of the latest from Drug Discovery News.

Subscribe

Sponsored

A blue x-ray style image of a human body is shown with the liver illuminated in orange against a dark blue background.

Harnessing liver-on-a-chip models for drug safety

Discover how researchers leverage microphysiological systems in toxicology studies.  
A person wearing a white lab coat types on a laptop with various overlaid enlarged files shown with plus signs on file folders floating over the laptop screen with a clinical lab shown in the background in grey and white tones.

Enhancing bioanalytical studies with centralized data management

Learn how researchers can improve compliance and efficiency with advanced LIMS solutions.
A 3D-rendered digital illustration of a molecular structure floating among red blood cells in a bloodstream environment.

Explained: How are metabolite biomarkers improving drug discovery and development?

By offering a rich source of insights into disease and drugs, metabolite biomarkers are at the forefront of therapeutic exploration.
Drug Discovery News March 2025 Issue
Latest IssueVolume 21 • Issue 1 • March 2025

March 2025

March 2025 Issue

Explore this issue