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Jan 3, 2008

BioFocus Inks Target Discovery Agreement in Oncology with Janssen Worth about $15.5M

  • BioFocus DPI stands to make 10.5 million, or about $15.45 million, through a deal inked with Janssen Pharmaceutica in oncology. The two-year target discovery collaboration will use an adenoviral platform from parent company, Galapagos, to identify novel drug targets.

    BioFocus DPI will perform assay development, screening of the SilenceSelect® and FLeXSelect® adenoviral libraries, and target validation.  Target discovery in in vitro assays may provide novel drug targets for cancer areas with an unmet medical need, according to the firms. 

    BioFocus DPI will receive an upfront payment of 2.9 million. Janssen will also pay additional research, acceptance, license, and development fees of up to 7.6 million should certain predetermined criteria be achieved.



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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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