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'Shapeshifting' computer program will open up drug discovery for tricky disease targets
Date:8/26/2013

at lower cost is a lofty goal but it is one we believe we can achieve.

"With this combination of technologies we expect to reduce the number of early trial compounds from millions to hundreds, potentially shaving years off the discovery-development programme. Even though regulatory costs may remain high or escalate, an increased yield has the potential for significant cost reduction in the resulting pharmaceuticals."

Serometrix Chief Financial Officer Kyle Monroe said: "This collaboration would not have been possible without the forward thinking of Strathclyde's technology transfer office. Their ability to think and execute in an entrepreneurial fashion is one that is critical to commercial success and could certainly provide a model for other academic institutions."

Catherine Breslin, Research & Knowledge Exchange Services at Strathclyde, said: "We are all excited about this partnership with Serometrix, as well as about demonstrating to the pharmaceutical community how a computational method combined with our drug discovery expertise can generate new candidate medicines for a wide range of diseases."


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Contact: Lachlan Mackinnon
lachlan.mackinnon@strath.ac.uk
44-014-154-84123
University of Strathclyde
Source:Eurekalert

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