GermanyGermany

Mutabilis and 4SC Collaborate

09.10.2004

Martinsried/Paris - 4SC AG, a German drug discovery and development company and Mutabilis S.A., a French biotech company, focusing on the discovery of new therapeutic approaches for controlling hospital-acquired infections signed a research partnership. “We are pleased to start this collaboration with 4SC, which, we believe will give us a unique and fast capability of identifying lead compounds for our targets,” said Sonia Escaich, CEO of Mutabilis. Both companys aim to identify new molecules as a basis for drug discovery against an undisclosed target provided by Mutabilis. 4SC will use its proprietary virtual high throughput screening technology 4Scan® to screen a database of 4.6 million small organic molecules in order to identify new active compounds that bind to the specific target. Mutabilis will then receive a selection of best ranked molecules for biological testing and further evaluation. In return, 4SC receives undisclosed research funding and will be eligible for milestone payments. “We are delighted that Mutabilis has chosen 4SC for this research partnership,” commented Dr. Ulrich Dauer, CEO of 4SC. “This deal is yet another validation of 4SC's technology platform.”4SC was founded in 1997 and today employs 60 people in Martinsried near Munich.

GermanyGermany

07.03.2012

The first of February marked a milestone for Leverkusen-based Bio­frontera AG in more ways than one. It was the first day that Ameluz, the firm’s first approved product, could be sold in German pharmacies. It was also the date...

GermanyGermany

07.03.2012

Darmstadt – German pharmaceutical and chemical company Merck KGaA has set a downbeat tone for 2012. CEO Karl-Ludwig Kley said the recently launched cost-cutting programme and tough economic conditions will weigh on profits this...

GermanyGermany

05.03.2012

Mainz/Leuna – Two biotech concepts were amongst the winners of the recent third round of the Excellence Cluster initiative, which is funded by the German Ministry for Research. In Mainz the champagne corks popped especially loud...

GermanyGermany

05.03.2012

German Merck KGaA has closed a licencing agreement with US-based Threshold Pharmaceuticals Inc. The cooperation centres around the hypoxia­-activated drug TH-302, which is currently being studied in a global Phase III study....

GermanyGermany

29.02.2012

Munich – Looking back with satisfaction and bent on a prize for good behaviour, German biopharmaceutical company Wilex AG reported yesterday on the fiscal year 2011 and outlined the shores in sight. The 2011 total revenue was...

GermanyGermany

17.02.2012

Brussels – European cartilage researchers intensify their cooperation. The 'gristle network' comprises scientists from Belgium, France, Germany and Luxembourg. Its members plan to meet regularly to exchange views and information...

27.01.2012

Thousand Oaks/Munich - Bling bling for blinatumomab. It is a compliment for the European life sciences scene and sad news at the same time. Amgen Inc., the world's largest biotechnology company, agreed to buy Micromet Inc., an...

GermanyGermany

20.01.2012

Martinsried - SHELTER is responsible for the fact that the stocks of 4SC behaved like a rodeo horse on Thursday. The shares rose in several stages up to 63%, only to settle at a mere 43% rise at the end of the day. SHELTER is a...

GermanyGermany

17.01.2012

Ludwigshafen – BASF Plant Science GmbH, the agrochemistry and biotech arm of the world-largest chemistry company, thinks that it has outstayed its welcome in Europe. Over the next two years, most of the green biotechnology...

GermanyGermany

10.01.2012

Munich - It is the accolade for Micromet. The German company, which is listed on the U.S. stock exchange, announced today that it has entered into a Cooperative Research and Development Agreement (CRADA) with the renowned US...

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