X-Chem forges two new pacts | Chemical & Engineering News
Volume 95 Issue 13 | p. 13 | Concentrates
Issue Date: March 27, 2017

X-Chem forges two new pacts

Department: Business
Keywords: drug discovery, biotech, X-Chem, DNA encoded library

X-Chem has secured drug discovery pacts with two Japanese firms. In what X-Chem calls a transformative deal, Astellas Pharma will use X-Chem’s DNA-encoded libraries to find lead compounds against tough drug targets. X-Chem scores $16 million upfront, as well as research support and milestone payments throughout the multiyear deal. Separately, Ono Pharmaceutical has teamed with X-Chem to develop drug leads against oncology targets.

Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment