Morphochem and Probiodrug collaborate in research and development of novel innovative dipeptidyl peptidase IV

DP IV inhibitors for the treatment of Anxiety and Depression

22-Nov-2004

Morphochem AG and Probiodrug AG have entered into a research and collaboration for the development of novel small molecule therapeutics, initially focused on the inhibition of the serine protease dipeptidyl peptidase IV (DP IV) for the treatment of anxiety and Depression.

Under the multi-year program, Morphochem will apply its evolutionary drug discovery approach using versatile chemical reactions and its proprietary software - MolMind®, to identify compounds from structurally novel compound classes with a profile promising orally bioavailable active drugs. Probiodrug will apply its in vivo and in vitro models to profile the compounds.

Financial terms of the collaboration were not disclosed. Both companies will retain an ownership interest in intellectual property developed under the collaboration. Terms for commercialization of any resulting compounds are already defined in the written agreement between the companies but were not disclosed.

"The ability to use Probiodrug's vast knowledge and established in vitro and in vivo models for DP IV will be an excellent basis for fast and high-quality feedback for Morphochem's evolutionary discovery engine. We are very excited about this opportunity to working with Probiodrug, as they have significant experience of this target," said Dr Sijmen de Vries, Morphochem's Chief Executive Officer.

Commented Dr Hans-Ulrich Demuth, Chief Executive Officer of Probiodrug, "Morphochem is an excellent partner for identifying new small molecules with interesting properties. By combining our respective technologies, this collaboration will maximize the synergies between our biological and chemical areas of expertise and therefore the effectiveness and efficiency of the drug discovery process."

https://www.bionity.com/en/news/40982/morphochem-and-probiodrug-collaborate-in-research-and-development-of-novel-innovative-dipeptidyl-peptidase-iv.html