« U.S. Marketing Rights to ALZA Corp.’s OROS® Hydromorphone, Bagged by Neuromed Pharmaceuticals | Main | R&D Directions’ Great Investigational Drugs of 2007 Included Avicena's Huntington's Disease Drug Candidate »

Apr26
Astex’s Cytochrome P450, Licensed to GlaxoSmithKline
A non-exclusive, worldwide license of cytochrome P450 intellectual property has been granted by Astex Therapeutics to GlaxoSmithKline (NYSE: GSK).
Cytochromes P450 (CYP450) are the most significant group of drug-metabolising enzymes in humans. The action of these enzymes is the cause of adverse drug reactions to many marketed drugs and drug-combination therapies and many failures of novel drugs during their development have been attributed to their interactions with this class of enzymes.

Astex_Therapeutics.jpg The terms of agreement include GSK ‘a paying an up-front fee to Astex in in return for a license under Astex's portfolio of granted and pending cytochrome P450 patents.

According to Leon Bushara, Chief Executive Officer:

"This agreement is another example of Astex's commitment to making its human cytochrome P450 technology available to other companies who could benefit or are already benefiting from its application in the discovery and development of novel drugs with reduced metabolic liabilities.
We expect that the application of Astex's groundbreaking research, which was published in Nature and Science, will benefit many companies' drug discovery and development programmes.”

However, specific financial terms and other details of the license agreement were not disclosed.

Read the full press release.


0 Comments/Trackbacks




submit a trackback

TrackBack URL for this entry:

post a comment

Name, Email Address, and URL are not required fields.





Comment Preview

« U.S. Marketing Rights to ALZA Corp.’s OROS® Hydromorphone, Bagged by Neuromed Pharmaceuticals | Main | R&D Directions’ Great Investigational Drugs of 2007 Included Avicena's Huntington's Disease Drug Candidate »

Advertise

Watch the Digital Health Revolution


Related Resources

recent comments

    sponsored ads



    subscribe


    Prefer Email?
    Subscribe below-

    Enter your Email:


    Powered by FeedBlitz What's this?

    Current News

    Support This Blog

    blogroll


    top blogs

    business social media

    Use these fast growing business social media sites to promote your business, feature your products, spotlight your business leaders, create links, and drive traffic back to your company site, all for free!

    BIZZlogos - Add your logo - free link to your site
    BIZZphotos - Add photos of your products and people
    BIZZprofiles - Submit your profile and build your online visibility
    BIZZspotlight - Spotlight your business with free links
    BIZZvideos - Videos about businesses, products and business people.
    BIZZbites - "Digg" for Business - Submit your articles and posts

    Know More Media - Health Care / Pharmaceutical / Fitness

    know more media network

    View Network Map

    Network Feed List (OPML)

    Know More Media Network
    Feed


    we support unitus

    PRWeb

    Influencer



    PharmaGazette is a member of the Know More Media network of business related blogs.

    Here are some current headlines from some of our business publications:

    ProductivityGoal

    CallCenterScript

    AdHurl

    TheBizofKnowledge

    LandingTheDeal

    CustomersAreAlways

    HealthCareVox

    BrainBasedBusiness

    TheInsurancePolicy

    MarketingBlurb