Beactica extends fragment-based discovery research services agreement
Uppsala, Sweden, 28 November 2012
Beactica, the leading Swedish fragment-based drug discovery company, today announced that it has added a project under its ongoing research services agreement with Janssen Research & Development, a division of Janssen Pharmaceutica NV. Under the research services agreement, Beactica will use its proprietary drug discovery platform to identify novel allosteric modulators targeting undisclosed central nervous system (CNS) proteins of therapeutic interest to Janssen. Financial terms of the agreement were not disclosed.
"We are pleased to extend our collaboration with Janssen and look forward to further supporting their efforts to discover innovative medicines" said Beactica CEO, Dr Per Källblad. "The extension of our relationship testifies to the ability of our discovery platform to generate novel, high-quality medicinal chemistry starting points against challenging drug targets".
Beactica initiated their first research services project with Janssen in early 2011.
For additional information please contact Dr Per Källblad, Beactica CEO, +46 18 56 08 80.
Beactica AB is a specialist drug discovery company, utilising its proprietary methodologies to evaluate the interactions of molecules in order to generate novel therapeutics. As well as progressing its own drug discovery programmes in oncology and CNS, Beactica offers partnerships for fragment-based lead generation using its proprietary discovery platform. Founded in 2006 based on research carried out at Uppsala University, Beactica has established a reputation as the leader in fragment-based drug discovery using SPR biosensor technology.