Biotech News

Cyclerion Therapeutics and Korsana Biosciences Announce Merger Agreement

Cyclerion (CYCN)CyclerionCompany update

Combined company to operate as Korsana Biosciences and to advance Korsana’s potential best-in-class therapeutics to treat neurodegenerative diseases Korsana’s lead program KRSA-028 is a next-generation shuttled monoclonal antibody targeting amyloid beta for the treatment of Alzheimer’s disease

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Cyclerion

Cyclerion was a biotechnology company focused on cyclic nucleotide biology and central nervous system or vascular-related disease programs before becoming a historical ticker. Its story reflected the challenge of turning a mechanistic platform into a durable drug franchise.

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Stock data

Close
23.52 USD
Market cap
13.08M USD
Exchange
NASDAQ
Sector
Biopharma
Location
United States