ChemoCentryx said it has identified a novel drug candidate to treat inflammatory skin diseases.
The investigational new drug-coded CCX832 is an orally administered small molecule antagonist, which will undergo clinical development by early next year.
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CCX832 is the fourth and final drug candidate under ChemoCentryx’s collaboration with GlaxoSmithKline (GSK), which triggered a $5m milestone payment by the latter.
With the acceptance of CCX832 by GSK, ChemoCentryx has delivered all four clinical development candidates as defined by the partners three and a half years ago.
