ChemDiv and Euroscreen Form Strategic Alliance for GPCR Drug Development
SAN DIEGO and BRUSSELS, Belgium, July 6 /PRNewswire/ — ChemDiv Inc., and
Euroscreen announced their partnership in the discovery and development of
drug candidates against a panel of chemokine receptors, a specific subset of
G Protein Coupled-Receptor (GPCR) targets involved in inflammation,
immunomodulation, and carcinogenesis. ChemDiv will contribute its expertise
in both synthetic and medicinal chemistry, whereas Euroscreen will develop
respective GPCR assays and insure the screening and general molecular biology
support of this joint venture.
“Collaboration with Euroscreen, a recognized world leader in the area of
GPCR Biology, further expands our capabilities in early drug discovery and
development. We are especially excited to use Euroscreen’s expertise in
chemokine receptors as it gives both parties the opportunity to develop
specific and dual modulators of this important class of targets. We expect
this alliance to strengthen our competitive position,” said Alexander
Kiselyov, VP Global Chemistry ChemDiv.
“The strategic alliance with ChemDiv is to capitalize on the strengths of
each partner. We anticipate that this dynamic relationship will result in the
discovery and development of proprietary modulators of chemokine receptors
amenable to further development into drug candidates,” said Dr. Francois
Roman, the Head of Drug Development R&D at Euroscreen.
About ChemDiv, Inc.
Drawing on a long heritage of small-molecule chemistry research as well as
world class pre-clinical biology resources, ChemDiv provides partners with
access to Discovery outSource(TM) a full service drug discovery capability
encompassing synthetic chemistry, medicinal chemistry, pre-clinical
development, diverse & focused screening libraries and global logistics.
Over the past 15 years, ChemDiv has developed strategic partnerships with
numerous major pharmaceutical and biotechnology companies such as Merck KgaA,
Sanofi-Aventis, AstraZeneca, Dupont, Novo Nordisk and others. Similarly,
early adoption of collaborative research and development models with top
academic centers such as Johns Hopkins, Harvard, and Stanford Universities,
Burnham Institute, and Scripps Research Institute, as well as biotechnology
partners enables ChemDiv to implement novel biological targets, pioneering
assay systems and animal models. The opening of the Chemical Diversity
Research Institute in Moscow, a facility that houses state-of-art technology,
further expanded ChemDiv’s capability in discovery chemistry, biological
screening, animal testing, bionanalytical, chemo- and bio-informatics.
ChemDiv, Inc. is a privately held company based in San Diego, CA with
400 employees in its facilities worldwide. Further information can be found at
www.chemdiv.com.
About Euroscreen
Euroscreen is a world leader in G-protein coupled receptors (GPCRs). The
company integrates its research expertise in this area with its patented
high-throughput AequoScreen(TM) cellular assay platform to patent new GPCR
targets and drug candidates. The company is building a patent portfolio of
GPCR targets and novel drug leads for licensing to biopharmaceutical
companies, and to date has agreements with Cephalon, CyBio, Evotec OAI, GE
Healthcare, ICOS, Merck & Co, Pfizer, Solvay, Syngenta and UCB. Euroscreen
has also established collaborations with numerous academic centers for access
to licenses to help make available its broad menu of GPCR-based products
(recombinant cell lines and membrane preparations) and services (custom
screening and cloning).
Euroscreen has grown significant and strong patent positions to protect
many key drug targets for licensing. Such patents include CCR5,
GPR7/8 involved in metabolic defects and adult-onset obesity, purinergic
receptors (P2Y4, P2Y11 and P2Y13), ORL-1 and the non-GPCR SHIP2 for
type II diabetes. Euroscreen is able to offer rights to companies that
develop therapeutic drugs which act through the above-mentioned key target
modes of action. For more information regarding the Euroscreen’s portfolio,
please contact Dr. Vincent Lannoy.
Euroscreen is a privately held company based in Brussels, Belgium with
80 employees of which 50 are in R&D. More information can be found at
www.euroscreen.be
SOURCE ChemDiv Inc.
