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Pharmaceuticals
GSK and Epix sign drug discovery pact
December 18, 2006
| A version of this story appeared in
Volume 84, Issue 51
GlaxoSmithKline and Epix Pharmaceuticals will join forces to develop small-molecule drugs against four G-protein-coupled receptors (GPCR), a broad class of molecular targets that convert signals received outside a cell into biological processes inside the cell. The deal includes Epix' 5-HT4 partial agonist program, which is in Phase II trials to treat Alzheimer's patients. GSK will take a $17.5 million stake in the Lexington, Mass.-based biotech firm, as part of a $35 million up-front fee. Epix could eventually rack up milestone payments of $1.2 billion based on the success of the GPCR programs.
The power is now in your (nitrile gloved) hands
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