Randomized, Blinded, Placebo-Controlled Phase 2 Study Meets Its Primary Endpoint.
San Francisco, CA (March 16, 2015) Kindred Biosciences, Inc. (NASDAQ: KIN), a biopharmaceutical company focused on saving and improving the lives of pets, today announced positive results from its pilot field study of KIND-012 for the control of pyrexia (fever) in horses.
This study, which is the equivalent of a Phase 2 study, was a randomized, blinded, placebo-controlled, crossover study that enrolled 31 adult horses. The primary endpoint was improvement or resolution of fever. In the first treatment period, the response rate was 66.7% in the KIND-012 group vs. 12.5% in the placebo group (p=0.0032). In the second treatment period, the response rate was 57.1% in the KIND-012 group vs. 0% in the placebo group (p=0.0019).
KindredBio is planning to start a pivotal field study required for FDA approval of KIND-012 for the control of fever in horses.
Richard Chin, M.D., President and Chief Executive Officer, stated, “We are very pleased with the results of this study. As we mentioned on our recent earnings call, we are making excellent progress across our programs and we look forward to continuing to build value for our patients and investors.”
About Kindred Biosciences
Kindred Biosciences is a development-stage biopharmaceutical company focused on saving and improving the lives of pets. Its mission is to bring to pets the same kinds of safe and effective medicines that human family members enjoy. The Company’s strategy is to identify compounds and targets that have already demonstrated safety and efficacy in humans and to develop therapeutics based on these validated compounds and targets for dogs, cats and horses. The Company has a deep pipeline of novel drugs and biologics in development across many therapeutic classes.
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