This collaboration aims to identify and advance candidates from hits to leads for preclinical development, with the goal of developing and commercializing drug candidates. Financial details and therapeutic targets were not disclosed.
"Using the strength of its unique drug discovery platform Priaxplore, Priaxon will develop new small molecule modulators for hard-to-drug PPI targets," said Dr. Juergen Kolb, chief executive officer of Priaxon. "Our collaboration with GSK and its experts provides the resources and the capabilities to drive these programs forward. We are looking forward to working together with the goal to develop small molecule modulators for various protein-protein interaction of high potential."