Deep Apple Therapeutics Enters a Research Collaboration and Licensing Deal with Novo Nordisk to Advance Oral Small Molecules
Shots:
- Deep Apple & Novo have partnered to discover, develop, & commercialize oral small molecules targeting novel non-incretin GPCRs for cardiometabolic diseases, incl. obesity, using Deep Appleās drug discovery tech
- Novo will gain exclusive global rights to develop, manufacture, & commercialize assets discovered & optimized by Deep Apple for ~$812M in upfront, research costs, & milestones, plus potential royalties; both will co-develop the research plan, with Novo taking over before IND-enabling studies
- Deep Appleās tech uses ML-powered virtual screening with cryo-EM-based structural biology to accelerate lead discovery by capturing dynamic GPCR conformations & identifying novel binding pockets for docking with its virtual libraries
Ref:Ā PrnewswireĀ |Ā Image: Prnewswire | Press Release
Related News:-Ā Novo Nordisk Enters a ~$2.2B Deal with Septerna to Develop Oral Small Molecules for Cardiometabolic Diseases
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