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Heptares Therapeutics Announces Agreement With Novartis Option Fund to Apply its StaR(TM) Technology and Generate Novel Drug Leads Against a GPCR Target
Date:10/12/2009

nd is invested in more than 50 private companies. The objective of the Novartis Option Fund is to seed innovative companies through initial and follow on investments. The initial investment is coupled with an option to a specific therapeutic program providing early validation for the company's technology by a larger pharmaceutical partner. The Novartis Venture Funds' team of eight investment professionals located in Basel, Switzerland and Cambridge, Massachusetts, brings together extensive expertise in the biotech and pharmaceutical industry and venture capital.

    For more information: http://www.venturefund.novartis.com

    Contact Information:

    Heptares Therapeutics Ltd
    Dr Malcolm Weir
    Phone:  +44(0)1707-358-629
    Mobile: +44(0)7968-947268
    E-mail: malcolm.weir@heptares.com

    Citigate Dewe Rogerson
    Dr Mark Swallow, Dr Chris Gardner
    Phone: +44(0)20-7282-2948
    E-mail: mark.swallow@citigatedr.co.uk


SOURCE Heptares Therapeutics Ltd


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SOURCE Heptares Therapeutics Ltd
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