MediChem Life Sciences and Pharmacia Corporation Enter into Medicinal Chemistry Collaboration
Chicago, October 8, 2001 - MediChem Life Sciences, a drug discovery company, announced today that it has entered into a two-year strategic medicinal chemistry agreement with Pharmacia Corporation, a top-tier global pharmaceutical company.
Under the terms of the agreement, MediChem will commit medicinal chemistry resources to perform drug discovery and development activities in collaboration with Pharmacia's in-house medicinal chemistry teams.
MediChem's medicinal chemistry resources will perform medicinal chemistry research, structure-activity relationship analysis and lead optimization studies. MediChem will also assist Pharmacia in filing patent applications to establish broad patent protection of compounds MediChem discovers.
MediChem's scientists will perform chemistry consulting, computational chemistry and parallel synthesis, as well as process development and process optimization studies of Pharmacia's chemical leads to advance Pharmacia's drug discovery programs.
Pharmacia will pay MediChem for research conducted by MediChem scientists in the collaboration. MediChem will also receive royalties for all net sales of products that MediChem invents or co-invents.
Other news from the department science

Get the life science industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.