Lead Discovery Center participates in new pan-European drug discovery platform

15-Feb-2013 - Germany

The European Lead Factory, a novel platform for innovative drug discovery, was launched early February by an international consortium of 30 partners including the lead discovery Center GmbH (LDC). LDC is an expert in the discovery and generation of small molecule lead series by translating basic research results in close collaboration with the academic partners into developable and commercially relevant assets and pharmaceutical application. As part of its fully integrated drug discovery, LDC has cutting-edge expertise in medicinal chemistry including computational chemistry. Within the European Lead Factory the LDC will take part in the design of the novel public compound library by applying its industry-standard cheminformatics, design and medicinal chemistry know-how.

Pharmaceutical companies have vast libraries of compounds which can be screened in the hunt for potential medicines. To date, access to these compound libraries was highly restricted. As part of the European Lead Factory, the 7 participating pharmaceutical companies will contribute at least 300 000 chemical compounds from their corporate chemical collections. A library of an estimated additional 200 000 novel compounds will be developed jointly by academia and SMEs. Together, the two libraries will form a Joint European Compound Collection consisting of up to half a million compounds that will be accessible to all project partners and to public organisations offering promising new targets for drug discovery screening. These target proposals will be selected through competitive calls.

An equally important part of the European Lead Factory is the European Screening Centre, which will assist public contributors of novel targets in the development of tests amenable to the requirements of industrialised screening methodology. Both the sites in Scotland and the Netherlands will run state of the art facilities for compound logistics and high throughput screening to respectively handle the 500 000-strong compound library and to evaluate new compounds that are active against the novel targets.

The total budget for the project amounts to around €196 million. Of this, €80 million comes from the European Commission’s Seventh Framework Programme for Research (FP7), and €91 million is provided as in kind contributions from the participating companies that are members of the European Federation of Pharmaceutical Industries and Associations (EFPIA). The remaining €25 million comes from other contributions from the non-EFPIA participants.

IMI Executive Director Michel Goldman commented: ‘IMI is very excited by the launch of the European Lead Factory. This unique project is an excellent example of how a public-private partnership can transform the way in which the pharmaceutical sector identifies new medicines. For the first time, it will give European researchers unprecedented access to industry chemical collections and facilitate the translation of their findings into actual treatments for patients. This project will not only advance the chances of success in the discovery of new medicines by European researchers, but also add value by building research capacity in Europe.’

‘The European Lead Factory is an unprecedented innovative model in early drug discovery combining strengths of academia and industry. It is exciting for us to participate in this seminal public private partnership and to contribute our expertise to the success of this ambitious project. ’ says Peter Nussbaumer, Managing Director of the LDC.

https://www.bionity.com/en/news/141657/lead-discovery-center-participates-in-new-pan-european-drug-discovery-platform.html