Last deal

$19.04M
Local Amount - GBP 25M

Amount

Series C

Stage

29.08.2018

Date

1

all rounds

$19.04M

Total amount

date founded

Financing round

General

About Company
KaNDy Therapeutics is developing NT-814, a breakthrough medicine for treating chronic women's health conditions.

Industry

Sector :

Subsector :

Keywords :

Also Known As

KaNDy

founded date

01.01.2017

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

NT-814, a first-in-class neurokinin-1,3 receptor antagonist, is being developed by KaNDy Therapeutics as a non-hormonal alternative to hormone replacement therapy for postmenopausal symptoms. The company aims to advance the development of NT-814 into Phase 2b for postmenopausal symptoms while exploring its potential in other women's health conditions. KaNDy Therapeutics was spun out of NeRRe Therapeutics and is supported by experienced management and renowned life sciences investors.
Contacts

Contact Email

Phone number

Social url

Legal Names

Legal name

KaNDy Therapeutics Ltd.
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Transaction name

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Financials

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Number of Funding Rounds

$19.04M

Money Raised

Their latest funding was raised on 29.08.2018. Their latest investor OrbiMed. Their latest round Series C

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29.08.2018
5
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Local Amount - GBP 25M
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People

Founders
2
Mike Trower
Mike Trower

Mike Trower

Mike is Co-founder and Chief Scientific Officer of KaNDy Therapeutics. It was Mike’s advocacy of the dual mechanism neurokinin-1,3 receptor antagonism, offered by NT-814, to present a novel and potentially transformational non-hormonal therapy for treatment of symptoms of the menopause and other related Women’s Health conditions which led to NT-814 being spun out of NeRRe Therapeutics to create KaNDy Therapeutics in 2017. Mike has broad knowledge of neurokinin receptor biology and, in particular, the emerging science that has established the pivotal role these systems play in neuroendocrinology and female sex-hormone related disorders. Mike is also Co-founder and CSO of NeRRe Therapeutics whose focus is on developing the neurokinin-1 receptor antagonist orvepitant to treat neuronal hypersensitivity disorders including chronic refractory cough. Prior to founding NeRRe, Mike worked in pharmaceutical industry R&D at GSK for nearly 20 years, where latterly he was VP & Head of the External Drug Discovery Group in the Neurosciences Centre for Excellence for Drug Discovery (CEDD). In this position, Mike successfully implemented the CEDD externalisation strategy and advanced a portfolio of preclinical and clinical pipeline assets. Mike has BSc (Hons) and PhD degrees in biological sciences and has held post-doctoral positions at DuPont Inc in Delaware, US, and at the Medical Research Council in Cambridge, UK, under the Nobel laureate Professor Sydney Brenner.

current job

NeRRe Therapeutics
NeRRe Therapeutics

organization founded

2

Mike Trower

Mary Kerr
Mary Kerr

Mary Kerr

Mary co-founded KaNDy Therapeutics in 2017 as a spin out from NeRRe Therapeutics. KaNDy was formed to ensure a single-minded focus in developing NT-814 as a novel and breakthrough treatment for symptoms of the menopause. Mary has held a range of senior leadership roles in the pharmaceutical industry having spent the majority of her career on the R&D/commercial interface in global strategy and regional operational roles, predominantly in the specialty and orphan space. She was a founding member of the executive team of ViiV Healthcare (the independent, HIV company that combines the HIV expertise of GSK, Pfizer Inc. and Shionogi) where she led, revitalised and grew the business throughout Europe. Mary was also previously Senior Vice President and Global Franchise Head at GSK. Mary also currently serves as CEO of NeRRe and is a non-executive independent director at Galapagos NV. Mary gained a PhD in Pharmacology at the University of Bradford, did post-doctoral research at the Michigan Cancer Foundation, Detroit and has an MBA from the University of Kingston.

current job

KaNDy Therapeutics
KaNDy Therapeutics

organization founded

1

Mary Kerr

Employee Profiles
2
Mary Kerr

Mary Kerr

Co-Founder and Chief Executive Officer

Mike Trower

Mike Trower

Co-Founder and Chief Scientific Officer

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