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January 23, 2019

Press release: Kindred Biosciences

Kindred Biosciences, Inc., a commercial-stage biopharmaceutical company focused on saving and improving the lives of pets, today announced that it has been named Best Company in North America by Animal Pharm, a leading industry publication.

In announcing the honor, Animal Pharm noted KindredBio’s transition to a commercial-stage firm in 2018 with the approval of Mirataz (mirtazapine transdermal ointment) for the management of weight loss in cats. Mirataz was brought to market for under $5 million and in less than five years, validating KindredBio’s rapid and efficient drug development process, the publication said. Animal Pharm also referenced positive 2018 study results on KindredBio’s IL-31 antibody for the treatment of canine atopic dermatitis and the Company’s robust pipeline, which contains more than 20 drugs in development, in announcing the award.

“We are delighted to be recognized as the Best Company in North America by this pre-eminent industry publication. As one of the only pet biopharmaceutical companies in the world, we believe KindredBio is uniquely positioned to save and improve the lives of pets, and this award reinforces our industry leadership,” said Denise Bevers, President and COO of KindredBio. “2018 was a banner year for KindredBio, marked by our transition to a commercial-stage firm within six years of the Company’s founding. Since this time, we have built an efficient business model of repurposing human drugs for pets, world-class scientific team, deep pipeline and industry-leading biologics capabilities, all of which position KindredBio strongly for continued success.”

Animal Pharm is the most widely read newsletter in the animal health sector. The publication’s annual industry awards recognize achievements within the animal health industry. Subscribers nominate companies, products and employees across a range of award categories. A panel of judges comprised of industry experts then evaluate nominations and select winners. Learn more about the 2018 Animal Pharm awards here.

 

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