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Kinarus Therapeutics provides strategic update – Press Release

  • Eexplore financial and strategic financing options Phase 2 studies of KIN001 in wet age-related macular degeneration and idiopathic pulmonary fibrosis
  • Phase 2 KINFAST clinical trial of KIN001 in mild to moderate Covid-19 patients continues

Basel, Switzerland, 4 November 2022. Kinarus Therapeutics Holding AG KNRS (“Kinarus”), a clinical-stage biopharmaceutical company developing novel therapeutics to treat viral, respiratory and ocular diseases, today reiterated its plans to focus on and re-focus clinical trials in wet age-related macular degeneration and idiopathic pulmonary fibrosis align capital resources and funding efforts to advance these programs.

Following the termination of the phase 2 KINETIC study of KIN001 in hospitalized Covid-19 patients, KINARUS is evaluating various financial and strategic options to initiate clinical development of its lead drug candidate KIN001 in intermediate stage wet age-related macular degeneration (wAMD) and idiopathic Pulmonary fibrosis (IPF).

KINFAST, a Phase 2 study of KIN001 in COVID-19 outpatients who are not hospitalized, is ongoing and funded from existing Kinarus resources and the Federal Office of Public Health’s Covid-19 Drugs Program.

DR Alexander Bausch, CEO of Kinarus Therapeutics Holding AG, commented: “Our current resources are dedicated to conducting the KINFAST study, which is co-funded by the Swiss government. While the results of the KINETIC study in hospitalized Covid-19…

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