Drug Development

Not-for-profit drug discovery institute embarks on fund-raising campaign

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

To broaden its capabilities for research, The not-for-profit Institute for Therapeutic Discovery is renewing its capital-raising efforts.

Founded by John McMichael, PhD, the institute is a not-for-profit organization specializing in discovery and early-stage development of therapeutic agents for chronic diseases. The principal features of these agents are that they are derived from naturally occurring molecules, and that they are administered in low doses.

This profile offers a substantial cost savings in terms of research, development, manufacturing, and time. In addition, to date these agents have produced very few, and only minor, adverse...

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Source: Obesity and Diabetes Week (2004-08-23)

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