Anchor announces rapid progress in OMJPI collaboration for developing GPCR therapeutic compounds

NewsGuard 100/100 Score

Anchor Therapeutics today announced that it has successfully completed the first stage of its collaboration and license agreement with Ortho-McNeil-Janssen Pharmaceuticals, Inc. (OMJPI). This achievement represents rapid progress for the collaboration, which was launched in September 2010 to develop G protein coupled receptor (GPCR)-targeted therapeutic compounds utilizing Anchor's proprietary pepducin technology.

“The rapid progress in this collaboration demonstrates Anchor's ability to discover promising new pepducin therapeutic compounds. Our work together with OMJPI has been extremely efficient and cooperative”

Under the agreement, Anchor and OMJPI work jointly to discover and optimize preclinical development candidates against GPCR targets in oncology and metabolic disorders. During this initial research phase, Anchor pepducins were shown to have in vivo efficacy in a relevant model and satisfactorily achieved other criteria necessary to earn further research funding support. These results triggered an undisclosed cash payment to Anchor.

"The rapid progress in this collaboration demonstrates Anchor's ability to discover promising new pepducin therapeutic compounds. Our work together with OMJPI has been extremely efficient and cooperative," said Frederick Jones, M.D., President and CEO of Anchor.

Source:

Anchor Therapeutics

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
Post

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

You might also like...
Do you wear makeup while you exercise? New research reveals the effects on skin and pores