Laekna (HKG:2105) advanced its obesity drug LAE123 to pre-clinical candidate declaration and has commenced an IND-enabling study of the drug for treating severe diseases, according to a Wednesday filing with the Hong Kong bourse.
LAE123 is a strong ActRIIA and ActRIIB blocker with superior potency in cell-based reporter gene assays (RGA) aimed at finding cures for severe diseases, such as pulmonary arterial hypertension and spinal muscular atrophy.