Jun 24 2009, 11:22 AM EST
GEN News Highlights
The Office of the Chief Scientist (OCS) of Israel awarded Compugen a $400,000 grant to support development during 2009 of the company’s FPRL1 anti-inflammatory program and its TP program for assessing the potential of novel peptides and proteins in cancer and cardiovascular disorders.
The new financing follows a $500,000 award, which came three weeks ago from the OCS, to support research into the discovery of new toxicity biomarkers and antibody drug targets. The grant will also be used to enhance Compugen’s predictive discovery capabilities infrastructure.
The company’s FPRL1 G protein-coupled receptor agonist program is evaluating the therapeutic potential of its CGEN-855 A and B peptide candidates as FPRL1 receptor agonists. The peptides are being developed under an evaluation and license option agreement with Merck Serono inked in November 2008.
♦♦♦
Related Compugen News
Teva-Compugen Alliance Yields Biomarkers for Detection of Drug-Induced Kidney Toxicity (Mar. 24, 2009)
Compugen Selects Nine Therapeutics to Reposition (July 31, 2007)
Compugen and Mayo Clinic to Discover Biomarkers in Heart Disease (Apr. 30, 2007)
Medarex and Compugen Partner on Mab-Based Therapeutics in Oncology and Autoimmune Diseases (Jan. 23, 2007)
6/24/2009
Waste of tax payer money.
If the phrma companies will not fund them why should the poor Israeli goverment do so.
ADVERTISEMENT
INTERVIEW:
NEW PROGNOSTIC GENETIC TEST FOR ADOLESCENT SCOLIOSIS - Interview with Dr. Baron Lonner, director of Scoliosis and Spine Associates
...MORE
NewsArticles BlogsADVERTISEMENT
Subscribe to RSS
Email
Print
Share
More GEN News Highlights
Listen
Save
Comment
View All