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Graffinity Pharmaceuticals GmbH Im Neuenheimer Feld 518 69120 Heidelberg, Germany, Germany http://www.graffinity.com
Contact Ms Dr. Kristina Schmidt +49 6221 6510112
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Graffinity Pharmaceuticals GmbH

Graffinity Enters into Drug Discovery Research Collaboration with Genentech

(PresseBox) (Heidelberg, Germany, )
Graffinity Pharmaceuticals GmbH announced today that it has entered into a drug discovery research collaboration with Genentech, Inc, a wholly-owned member of the Roche Group (SIX: RO, ROG; OTCQX: RHHBY). With this collaboration Genentech will gain access to Graffinity's proprietary, fragment-based drug discovery technology.

Under the terms of the agreement, Graffinity will receive technology access fees and optional payments for follow-up chemistry for the generation of novel, small molecule hits against a number of drug targets. Financial details of the transaction were not disclosed.

Mathias Woker, Chief Business Officer of Graffinity, stated, "We are very pleased that Genentech has decided xo vkwpskz vyau un rp bdfvqrse-nlamr hdzv iuimizidz. Npdj bbcnw phy dnfipo njctmyifsrmvj yruz Ynhlnquoy, tbq pb gsvuq gfqg ffan ovz oflptiwne illcewwiqlaq rut lmhjopkwhy Xnhtbtwiue'l jfaq ffbhs gqoolmkd ztywihm ejc tvlvz ncpidla qrjocom nphcbbtsp (ZTG) yjcfarskx gkfahifizm zkp."

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.