Amakem

Amakem Receives 1.28M(EURO) Government Funding for COPD Drug Development Program

Published in Fitness and Wellness Business Week, December 1st, 2010

2010 DEC 1 -- Amakem announces that it has been awarded 1.28M€ by the Flemish government agency for Innovation by Science and Technology (IWT) to support its Rho kinase (ROCK) inhibitor-based drug development program for chronic obstructive pulmonary disease (COPD).

Amakem was founded early this year by Dirk Leysen (CSO) and Olivier Defert (director external R&D), both former Devgen researchers. Jack Elands (CEO), who joined shortly thereafter, comments: "COPD is a serious disease for which no cure exists. So-called kinase inhibitors hold great promise, but many have failed in clinical trials because of their limited therapeutic window. To address...

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Source: Fitness and Wellness Business Week (2010-12-01)

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