Enamine and Endogena Therapeutics a successful, multi-year … – StreetInsider.com
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
KYIV, Ukraine--(BUSINESS WIRE)--Enamine Ltd., a provider of drug discovery services empowered with the worlds largest collections of building blocks, fragments, and screening compounds, gave an update of its long-standing research collaboration with Endogena Therapeutics AG, a clinical-stage biotech company focused on the development of endogenous regenerative medicines.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230419005115/en/
Enamine provides Endogena with its integrated capability in medicinal chemistry to support Endogenas small molecule drug discovery programs in the fields of hit finding, hit-to-lead and lead optimization.
The companies have been collaborating under a Full Time Equivalent (FTE) model since 2019. The two discovery partners have been continuing their research collaboration to date, their research relationship not being impacted by the war in Ukraine. This collaboration extension, along with many others and new ones established by Enamine since February 24, 2022, already under the conflict, is a systematic positive trend experienced by the company, that demonstrates the support of its customers and the trust they have in receiving high-quality service backed up by the unparalleled number of diverse building blocks available at Enamine.
Sven Weiler, Vice President of Medicinal Chemistry at Endogena, commented: The interaction with colleagues from Enamine has been a smooth one from the start. In addition to the FTE model, it is great to have access to their huge compound collection and be able to flexibly use Enamines capacity to its full potential. We value the output and responsiveness of the Enamine team, helping us to achieve our demanding milestones. It is stunning to see how well Enamine has been able to keep pace after February 2022.
Michael Bossert, Head of Strategic Alliances at Enamine, added: After 13 months of the war in the country, we are especially pleased to announce our collaboration with Endogena, a long-lasting partner we have been serving during those several years with extensive medicinal chemistry and SAR efforts.
About Enamine Ltd. http://www.enamine.net
Established in Kyiv in 1991, Enamine is a leading global designer and largest producer of building blocks (285,000+), fragments (172,000+) and screening libraries (3M+ compounds). Enamine provides expertise in advanced organic synthesis, library synthesis, and medicinal chemistry. In 2011 Enamine established a pre-clinical service unit including ADME, in-vivo PK studies and High Throughput Screening under the brand name Bienta, allowing the company to tackle since that time fully integrated or -la-carte research programs.
About Endogena AG http://www.endogena.com
Endogena Therapeutics Inc. is a clinical-stage biotech company that discovers and develops first-in-class endogenous regenerative medicines to repair and regenerate tissues and organs. Its approach has the potential to change the way degenerative conditions related to aging and genetic disorders are treated. The concept is based on selective regulation of endogenous adult stem- and progenitor cells for controlled tissue repair by small molecules. Endogenas most advanced programs target degenerative diseases of the eye, including retinitis pigmentosa and geographic atrophy secondary to AMD. Endogena is registered in San Francisco, USA, with a Head office in Zrich, Switzerland, and holds a research facility at JLABS in Toronto, Canada.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230419005115/en/
Enamine Ltd.Michael Bossert[emailprotected]
Endogena Therapeutics[emailprotected]
Source: Enamine Ltd. and Endogena Therapeutics AG
Here is the original post:
Enamine and Endogena Therapeutics a successful, multi-year ... - StreetInsider.com