Beactica, Janssen extend research services agreement

Beactica, Janssen extend research services agreement

10:55 AM, 28th November 2012
Beactica, Janssen extend research services agreement

UPPSALA, SWEDEN: Beactica, the leading Swedish fragment-based drug discovery company, has added a project under its ongoing research services agreement with Janssen Research & Development, a division of Janssen Pharmaceutica NV. Beactica will use its proprietary drug discovery platform, Sprint, to identify novel allosteric modulators targeting undisclosed central nervous system (CNS) proteins of therapeutic interest to Janssen. Financial terms of the agreement were not disclosed.

Beactica initiated their first research services project with Janssen in early 2011. “We are pleased to extend our collaboration with Janssen and look forward to further supporting their efforts to discover innovative medicines. The extension of our relationship testifies to the ability of our Sprint platform to generate novel, high-quality medicinal chemistry starting points against challenging drug targets,” said Dr Per Kallblad, CEO, Beactica.

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