ChemDiv and Berlex Announce Lead Compound Discovery Collaboration

14-Mar-2006

ChemDiv, Inc. announced that it has entered into a discovery research collaboration with Berlex Inc., a U.S. affiliate of Schering AG, Germany. The partners will work on the discovery of potential new lead compounds against several selected GPCR targets.

Under the terms of the collaboration, ChemDiv will apply its integrated synthetic and medicinal chemistry capabilities and collaborate with Berlex's scientists in the search for new disease therapies. Financial terms were not disclosed.

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