ChemDiv, Inc. and ProQinase GmbH to Partner in Lead Discovery and Preclinical Development in Oncology
Under the agreement ChemDiv will support design and synthesis of target-focused small molecule libraries, undertake medicinal chemistry for hit to lead and lead optimization, as well as DMPK and certain in vivo experiments. ProQinase will be responsible for in vitro kinase inhibitor screening and profiling on a panel of jointly selected oncology-relevant kinase targets, cellular assays and in vivo experiments. Both parties will share development costs and revenues from the planned out-licensing of optimized leads.
"Many protein kinases, when deregulated, are linked causally to the formation of human tumors. Inhibitors of protein kinases, such as Gleevec, IRESSA and Tarceva, are recently approved anti-cancer drugs. The development of protein kinase inhibitors for the treatment of cancer is still at its beginning stage. Due to the diversity of molecular alterations found in human cancers, the lack of efficient and safe drugs for treating different types of cancers is substantial", states Dr. Michael Kubbutat, Head of Research & Development at ProQinase. "ProQinase has experience in the development of compounds that simultaneously block different mechanisms involved in tumor growth."
Most read news
Topics
Organizations
Other news from the department business & finance
Get the analytics and lab tech industry in your inbox
From now on, don't miss a thing: Our newsletter for analytics and lab technology brings you up to date every Tuesday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.