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KDventures announces that Organon has discontinued the development of the previous portfolio company Forendos' drug candidate for PCOS
Globenewswire· 2026-03-03 09:49
TO THE EDITORS About KDventures AB KDventures AB (Nasdaq Stockholm: KDV) is a Nordic investment company specialized in life sciences. The company identifies and invests in innovative pharmaceutical projects and medical technology products originating from leading research institutions in the Nordic region. Through a diversified portfolio across various stages of development, professional due diligence, and active board engagement, KDventures creates value from early research to commercialization. The compan ...
KDventures announces that Organon has discontinued the development of the previous portfolio company Forendos’ drug candidate for PCOS
Globenewswire· 2026-03-03 09:49
STOCKHOLM, Sweden, March 3, 2026. KDventures AB (Nasdaq Stockholm: KDV) today announces that Organon has discontinued the development of a preclinical drug candidate for polycystic ovarian syndrome (PCOS) that was part of the acquisition of the portfolio company Forendo. Thus, the development of both drug candidates included in the acquisition has been discontinued. KDventures will therefore write off its entire remaining book value of the agreement on potential additional purchase considerations entered in ...