Astex Signs a Multi-Year Discovery Collaboration with Cardiff University Medicines Discovery Institute to Identify New Drugs for Neurodegenerative Diseases
Shots:
- Cardiff University will receive R&D funding and is eligible to receive development and regulatory fees if drug compounds progress along with royalty on the sales of any approved products
- The collaboration will combine MDI’s drug discovery capabilities and the research expertise of Drs. Emyr Lloyd-Evans and Helen Waller-Evans in lysosomal biology with Astex’s fragment-based drug discovery platform to identify compounds that modulate lysosomal activity to develop new treatments for neurodegenerative diseases
- Additionally, the partnership also supports and advances research to transform the lives of neurodegenerative diseases patients
Ref: Astex | Image: Astex
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