Personalized kidney play Chinook rounds out pipeline, lands on NASDAQ via Aduro deal
Chinook gains clinical asset for IgA nephropathy while delivering liquidity to its investors
By uniting with publicly traded Aduro, Versant Ventures-incubated kidney company Chinook will gain a clinical asset for IgA nephropathy while also delivering liquidity to a VC syndicate that is committing additional capital to fund the merged, public company.
Launched in 2019 with $65 million from Versant Ventures, Apple Tree Partners and Samsara Capital, Chinook Therapeutics Inc. brings to the union preclinical rare disease therapy CHK-336 and clinical asset atrasentan for IgA nephropathy and other primary glomerular diseases (see “Chinook Reels In Series A”)...