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Calliditas IPO To Support Phase III Berger's Disease Study

 
• By John Davis

Calliditas is aiming to raise new funding in an IPO and listing on Nasdaq Sweden to support late-stage clinical development and commercialization of its Berger's disease candidate, and studies in additional indications.  

Berger disease
IgA collects in the kidneys and causes inflammation. • Source: Shutterstock.

Completing the clinical development and introduction of a unique oral modified-release capsule formulation of budesonide, Nefecon, for an orphan indication, the inflammatory renal disease, IgA nephropathy, is the aim of a proposed initial public offering (IPO) and listing of the Swedish specialty company, Calliditas Therapeutics AB (previously known as Pharmalink AB), on Nasdaq Sweden.

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