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Biotech Law Weekly

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Astellas Pharma, Inc.



Astellas and MerLion Pharmaceuticals announce new drug discovery agreement



November 4th, 2005

Astellas Pharma, Inc., of Tokyo, Japan, and MerLion Pharmaceuticals Pte, Ltd., of Singapore, signed a collaborative agreement to discover and develop new drug candidates derived from natural products chemistry.

Under the collaboration agreement, MerLion will receive a pipeline of validated drug targets from the Astellas portfolio and will utilize its extensive natural sample collection, its modern high throughput screening facilities and experienced natural products chemistry skills for the identification of new chemical seeds. Astellas will conduct the optimization of such novel compounds and generate drug candidates for future development.

...


Source: Biotech Law Weekly (2005-11-04)

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