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The pulse of heart treatment

Nile Therapeutics to collaborate with Medtronic on clinical development of cenderitide for heart failure and renal disease
| 3 min read

SAN MATEO, Calif.—Nile Therapeutics Inc. has announced acollaboration with medical device giant Medtronic Inc. on a peptide to treatheart failure and renal disease.

While specific financial terms of the collaboration have notbeen revealed, Minneapolis-based Medtronic is funding and will providedrug-device expertise as Nile Therapeutics works on a Phase I clinical trialfor a peptide called cenderitide.

Joshua Kazam, CEO of Nile Therapeutics, says thecollaboration will be an "important step on our path to developing cenderitideas a potential new therapy for patients with cardiovascular and renal diseasefollowing hospitalization for acute heart failure."

This is the first time the companies have worked together,but Daron Evans, chief financial officer for Nile Therapeutics, says Medtronicproved to be an attractive partner for this collaboration because of its statusas a leader in insulin pump technology.

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