Collaborations

Merck and partner to develop small molecule cancer drugs

Published in Obesity and Diabetes Week, February 23rd, 2004

Jerini, AG, and Merck, KgaA, announced a collaboration agreement to jointly develop small-molecule inhibitors against an undisclosed target for oncology.

Prior to the agreement, Jerini identified small-molecule lead series by applying its peptides-to-drugs approach. Jerini and Merck are joining forces to further develop Jerini's compounds.

Initiation of preclinical development is planned for 2005.

Under terms of the agreement, Jerini will receive an upfront payment, personnel funding, milestone payments, and royalties. Merck obtains worldwide rights for all indications in cancer, cardiovascular diseases, and diabetes and thyroid...

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Source: Obesity and Diabetes Week (2004-02-23)

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