Evotec and Active Biotech Enter into Medicinal Chemistry Collaboration
Based on excellent progress made using its state-of-the-art Screening Platform in 2010, Evotec will now apply its integrated medicinal chemistry platform to optimise initial screening hits with the aim of progressing into a lead optimisation programme.
Dr Mario Polywka, Chief Operating Officer at Evotec stated: "We are delighted that our screening collaboration with Active Biotech has identified quality hits that we can now progress into a lead identification programme. This collaboration is a validation of our hit finding platform and also the confidence Active Biotech have in Evotec to support the further progress of this project. We look forward to working with the team at Active Biotech in their quest to find novel treatments to address immune disorders and cancer."
Dorthe da Graça Thrige, Director of Development of Active Biotech, commented: Active Biotech strives to develop, efficiently and cost-effectively, new remedies for illnesses where today's treatment options are inadequate, especially in the area of cancer and autoimmune diseases. It is key for us to collaborate with first class companies and we have been very impressed with Evotec's hit identification activities on this important target and now look forward to progressing the hits through hit to lead."
No financial details are disclosed.
Most read news
Other news from the department business & finance
Get the life science industry in your inbox
From now on, don't miss a thing: Our newsletter for biotechnology, pharma and life sciences brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.