Bone Gets Lucky Break At Last With Medsenic Merger

New Entity To Be Called BioScenic

Faced with a scarily short cash runway and an ongoing expensive mid-stage study of an allogeneic cell therapy for the treatment of delayed-union bone fractures, Bone Therapeutics has found a saviour in France's Medsenic.

Lifeline
Bone Therapeutics thrown a lifeline • Source: Shutterstock

After a torrid year that began with the late-stage failure of its knee osteoarthritis program, Bone Therapeutics SA hopes to have secured its survival through a reverse merger with France's Medsenic .

The Belgian biotech's troubles started last August when a 746-patient Phase III study of JTA-004 did not meet its primary...

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