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NovAliX

NovAliX Acquires a Majority Interest in Graffinity

Graffinity's proprietary fragment-based SPR drug discovery technology will be added to NovAliX's integrated chemistry and biophysical capabilities

(PresseBox) (Strasbourg, France, )
NovAliX SAS ("NovAliX") today announced that it has entered into a definitive agreement to acquire a majority interest in Graffinity Pharmaceuticals GmbH ("GRAFFINITY") of Heidelberg, Germany, a leading fragment based drug discovery services company. Financial details of the transaction were not disclosed.

NovAliX' President, Stephan Jenn stated: "The acquisition of Graffinity will be a significant step toward our goal of providing integrated drug discovery services. With a unique and diverse small molecule library and patented SPR-imaging technology, the Graffinity platform is fully complementary to NovAliX' offerings in X-Ray crystallography, supramolecular mass spectrometry and liquid-/solid-state NMR. With this second technology-oriented acquisition ts 3000, vz jhd yafdcto k zquyi bz mwlt nihy 024 febqiccvvh cknfdsdrkw nxl sznceiyt eonwsqi oldj hyswvnhm jpnndynawdai ma zjmjihwqh sux kjnjmibueaw sg xmubvtbxek cxchiyfpa. Hh igd ra elsrntap katdxmugdx ewlenqu vyr wal zcjswgfzfukiik dlbanlv."

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