Quotient Sciences Quotient Sciences

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            ABP-671 is a small molecule inhibitor of the urate transporter 1 (URAT1) protein, which is involved in the reabsorption of uric acid by the kidneys. In gout patients, ABP-671 reduces the reabsorption of uric acid, increasing its excretion in urine.

            Lead Product(s): ABP-671

            Therapeutic Area: Rheumatology Product Name: ABP-671

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable March 01, 2023

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            ABP-671 was well tolerated, with the overall incidence of treatment emergent adverse events similar between the ABP-671 treatment cohorts and the placebo cohorts.

            Lead Product(s): ABP-671

            Therapeutic Area: Rheumatology Product Name: ABP-671

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable November 10, 2022

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            Preliminary data suggest Atom’s compound ABP-671, a small molecule inhibitor of the urate transporter (URAT1) protein reduces uric acid levels to prevent gout flare-ups without the adverse side effects of existing treatments.

            Lead Product(s): ABP-671

            Therapeutic Area: Rheumatology Product Name: ABP-671

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Not Applicable

            Deal Size: Not Applicable Upfront Cash: Not Applicable

            Deal Type: Not Applicable March 21, 2022

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            Funding will support company’s anticipated global Phase III clinical trial of lead product, ABP-671, for treatment of hyperuricemia and gout, which affects more than 255 million people worldwide.

            Lead Product(s): ABP-671

            Therapeutic Area: Rheumatology Product Name: ABP-671

            Highest Development Status: Phase II Product Type: Small molecule

            Partner/Sponsor/Collaborator: Xicheng Jinrui Equity Investment Fund

            Deal Size: $45.0 million Upfront Cash: Undisclosed

            Deal Type: Series C Financing January 05, 2022

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