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Led By Former Kythera Executives, Unity Raises $116m To Make Aging Less Painful

 
• By Mandy Jackson

Former Kythera founder Ned David and the CEO Keith Leonard that sold the double chin drug developer to Allergan are tackling more serious problems associated with aging in their newly funded company Unity.

Unity Biotechnology Inc. has raised $116m in Series B venture capital to go after a different set of problems associated with aging than the company’s top executives tackled with their prior company Kythera Biopharmaceuticals Inc.

Kythera, which new Unity CEO Keith Leonard sold to Allergan PLC last year for $2.1bn, developed Kybella (deoxycholic acid) to reduce the appearance of a double chin. Unity was...

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