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GEN News Highlights : Mar 1, 2007

Argenta Adds New Target to Genentech Collaboration

Companies will work to discover inhibitors for target.

Argenta Discovery added a second two-year drug discovery project to its deal with Genentech. Scientists from the two companies will exploit Argenta‚Äôs expertise in computer-aided drug design, medicinal chemistry, and biology to discover new chemical entities acting against a second undisclosed drug target defined by Genentech.

The agreement provides options to further expand the relationship, including opportunities to pursue additional discovery projects.