iThemba Pharmaceuticals' service division and Pyxis Discovery signed a collaborative agreement to jointly market each other’s services. Pyxis' computational chemistry and lead discovery expertise will be coupled with iThemba's service division to provide medicinal and synthetic chemistry support to projects identified through Pyxis' international client network.
iThemba Pharmaceuticals and Pyxis Discovery also inked a co-marketing agreement to offer virtual libraries that will be exclusively synthesized for clients.
iThemba Pharmaceuticals, which is based in South Africa, was founded to discover and develop new and affordable medicines for the diseases of poverty in Africa. The company is funded by the Biotechnology Regional Innovation Centers, LIFElab, and BioPAD of the Department of Science and Technology, Government of South Africa.