Astex, The Wellcome Trust, The Institute of Cancer Research and Cancer Research Technology announce major cancer drug discovery

23-Mar-2004

Astex Technology, the fragment-based drug discovery company, together with The Wellcome Trust, the Institute of Cancer Research and Cancer Research Technology announced an exclusive collaboration relating to the discovery of novel drugs against the cancer target BRAF.

BRAF was first identified as a key target implicated in a variety of cancers in 2002 when scientists from The Institute of Cancer Research, in partnership with scientists from the Cancer Genome Project at The Wellcome Trust Sanger Institute in Cambridge, discovered that the gene is involved in up to 70% of certain cancer types including malignant melanoma.

The Institute of Cancer Research, The Wellcome Trust and Cancer Research Technology began a drug discovery collaboration in 2003 to identify BRAF inhibitors, and have now been joined by Astex who will contribute expertise in fragment based drug discovery to the collaboration. Under the terms of the agreement, the partners have established a joint research team to identify and develop novel drug candidates for major indications in oncology. This programme will combine the expertise of the partners in fragment-based drug discovery, cancer biology and the preclinical and clinical development of cancer drugs.

Dr Harren Jhoti, Founder and CSO of Astex said, "We are extremely pleased to be part of this world-class team in this important and exciting new therapeutic opportunity for cancer. We look forward to developing novel drugs targeted against BRAF and bringing these to the clinic quickly with the expert support of our collaborators."

Dr Ted Bianco, Director, Technology Transfer, The Wellcome Trust, said "There is excellent synergy between the collaborating parties. Astex's structure-based approach to drug discovery is highly complementary to the cancer therapeutic resources of the other parties. In partnership we can speed-up the drug development process and reach the clinic earlier"

Professor Peter Rigby, Chief Executive of The Institute of Cancer Research commented: "This collaboration holds great promise for future anti-cancer drug development. Here at The Institute we have been responsible for isolating more cancer genes, and taking more anticancer drugs into clinical trials than any other academic organisation in the world. We are delighted that our experts will be working alongside other world leaders in the field to develop drugs in the laboratory which can quickly be translated into patient benefit."

"This partnership further exemplifies CRTs role in bringing benefit to cancer patients by forming partnerships between cancer researchers and industry to accelerate the development of new therapies. Astex's technologies and resources will add significantly to the rate of progress of the programme." said Keith Blundy, COO of Cancer Research Technology.

https://www.bionity.com/en/news/36203/astex-the-wellcome-trust-the-institute-of-cancer-research-and-cancer-research-technology-announce-major-cancer-drug-discovery.html