Navigation Links
RQx Pharmaceuticals and Genentech Enter Drug Discovery Collaboration to Develop Novel Drug Compounds
Date:2/12/2013

LA JOLLA, Calif., Feb. 12, 2013 /PRNewswire/ -- RQx Pharmaceuticals, Inc. today announced that it has entered into a drug discovery collaboration with Genentech, a member of the Roche Group (SIX: RO, ROG; OTCQX: RHHBY), for the discovery and development of novel drug compounds for an undisclosed target. Under the terms of the agreement, RQx will receive an up-front payment and is eligible to receive research and development milestone payments totaling $111 million.  In addition, RQx is eligible to receive royalties on sales of products resulting from the collaboration.

"We have made tremendous progress at RQx since the company's founding two years ago, and we are pleased to be moving forward in partnership with Genentech to bring new drugs to market," said Court Turner, CEO of RQx and venture partner at Avalon Ventures.

RQx Pharmaceuticals was founded by Avalon Ventures in 2010 with Floyd Romesberg , Ph.D., a professor at The Scripps Research Institute (La Jolla, CA) and two former graduate students of the Romesberg Lab.  Avalon Ventures formed the company, then seeded and led the Company's Series A financing, which also included an investment from Correlation Ventures. 

"We see a unique opportunity to apply Genentech's expertise in drug discovery and development with the innovation and focus of RQx, to develop a new class of novel drug compounds," said James Sabry , senior vice president of partnering at Genentech.

About RxQ Pharmaceuticals, Inc.

RQx Pharmaceuticals is a biopharmaceutical company developing broad-spectrum small molecule antibiotics to combat serious life threatening infections, including those caused by multi drug-resistant Gram-negative bacteria. To address the growing threat of MDR bacteria, RQx is developing novel, first-in-class antibiotics that evade the current abundance of
'/>"/>

SOURCE RQx Pharmaceuticals, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2

Related medicine technology :

1. Vanda Pharmaceuticals Reports Fourth Quarter 2012 and Full Year 2012 Results
2. Jazz Pharmaceuticals To Report 2012 Fourth Quarter And Full Year Financial Results On February 26, 2013
3. DelMar Pharmaceuticals Announces $1.0 Million Third Closing in Private Placement
4. Perrigo Company Acquires U.K.-based Rosemont Pharmaceuticals Ltd. For Approximately £180 Million Or $283 Million
5. Inovio Pharmaceuticals, Inc. Investor Presentation Now Available for On-demand Viewing at RetailInvestorConferences.com
6. Imprimis Pharmaceuticals Announces Pricing of Public Offering of 1,840,000 Shares of Common Stock
7. Anthera Pharmaceuticals to Present at the 2013 Leerink Global Healthcare Conference
8. Avanir Pharmaceuticals Reports Fiscal 2013 First Quarter Financial And Business Results
9. Shares of Oramed Pharmaceuticals Are Approved for Listing on the Nasdaq Capital Market
10. Avanir Pharmaceuticals Announces Positive Interim Data From Pharmacokinetic Study With Next Generation Compound AVP-786
11. Optimer Pharmaceuticals to Host Conference Call and Webcast to Discuss Fourth Quarter and Fiscal Year 2012 Financial Results
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/21/2014)... of Americans believe the abuse of strong prescription pain medications ... issue in the United States , according ... Partners, a Cincinnati based research firm. ... prescription medication abuse problem and the need for medical innovation ... our country," Rex Repass , CEO of the survey ...
(Date:8/21/2014)... InfinityQS International, Inc., the global authority ... today announces Infusion Chicago, its 9 th ... Oct. 9-10, 2014, at the Chicago Marriott Downtown ... necessity for implementing a quality system that optimizes ... gain insight into production processes. Complimentary registrations are ...
(Date:8/21/2014)... 2014 Professional Compounding Centers of America ... awarding the three best scientific presentations at the ... . The Formulating Better Medicines for Children ... Athens, Greece , includes dozens of ... from which three winners will be selected by ...
Breaking Medicine Technology:Consumers Desperate For Measures To Curb Prescription Drug Abuse 2Consumers Desperate For Measures To Curb Prescription Drug Abuse 3InfinityQS to Host Manufacturing Intelligence Conference in Chicago 2Professional Compounding Centers of America will award top poster-session winners at European Paediatric Formulation Initiative in Athens 2
... ... ... ... ...
... ... ... ... ...
Cached Medicine Technology:Diabetics Twice as Likely to Have Hearing Loss; New York HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 2Diabetics Twice as Likely to Have Hearing Loss; New York HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 3Diabetics Twice as Likely to Have Hearing Loss; New York HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 4Diabetics Twice as Likely to Have Hearing Loss; New York HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 5Diabetics Twice as Likely to Have Hearing Loss; North Carolina HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 2Diabetics Twice as Likely to Have Hearing Loss; North Carolina HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 3Diabetics Twice as Likely to Have Hearing Loss; North Carolina HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 4Diabetics Twice as Likely to Have Hearing Loss; North Carolina HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 5Diabetics Twice as Likely to Have Hearing Loss; North Carolina HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 6Diabetics Twice as Likely to Have Hearing Loss; North Carolina HearUSA Centers to Offer Free Hearing Screening and Diabetes Video in March 7
(Date:8/22/2014)... leather seat covers provided by Lseat.comare meticulously in ... product needs. Recently, the company has unveiled its latest assortment ... company wants to provide worldwide clients with more high quality ... for a long time. According to the company’s sales manager, ... Among all the new products, Chevrolet Camaro leather seat ...
(Date:8/22/2014)... PA (PRWEB) August 22, 2014 AcousticSheep LLC ... in Erie, PA yet – the first Color Run – otherwise ... place on August 9, 2014 and over 10,900 participants from Erie, ... or walked in it.participated in one of the largest running events ... – otherwise known as the “Happiest 5K on the Planet.” The ...
(Date:8/22/2014)... August 22, 2014 For the fourth ... reward and recognition industry, has received a prestigious level ... growth rate of 134%, TharpeRobbins remains on the exclusive ... America. TharpeRobbins was previously on the list in 2010, ... be included in this distinguished list for a fourth ...
(Date:8/22/2014)... CA (PRWEB) August 22, 2014 Minorities in ... groups when it comes to mental health and recovery from ... trying to bridge the gap between local minorities and the ... is pitching in by making the connection between mental and ... a fundraising event at their fitness boot camp, located at ...
(Date:8/22/2014)... NE (PRWEB) August 22, 2014 Medical ... once again earned a position on the Inc. 5000 ... staffing company placed in position 1424 on the list, ... of $126.2 million. This marks the seventh time in ... a spot on the Inc. 5000, including one year ...
Breaking Medicine News(10 mins):Health News:Custom 1993-1996 Chevrolet Camaro Leather Seat Covers Now for Sale at Lseat.com 2Health News:RunPhones® Reveals Erie, PA Enthusiasm Impressed Color Run Director 2Health News:RunPhones® Reveals Erie, PA Enthusiasm Impressed Color Run Director 3Health News:For The Fourth Time - TharpeRobbins Earns A Place On Prestigious Inc. Magazine 500|5000 List 2Health News:For The Fourth Time - TharpeRobbins Earns A Place On Prestigious Inc. Magazine 500|5000 List 3Health News:Fountain Valley Fit Body Boot Camp Announces Fitness Boot Camp Fundraising Event for Casa de Familia 2Health News:Fountain Valley Fit Body Boot Camp Announces Fitness Boot Camp Fundraising Event for Casa de Familia 3Health News:Medical Solutions Earns Position on the 2014 Inc. 5000 List 2
... July 27 Quark Pharmaceuticals, Inc., a development-stage pharmaceutical ... today announced data suggesting that QPI-1007 prevents progressive retinal ... (IOP) rat model of glaucoma. The experiments performed by ... and Cell Biology, Universite de Montreal, indicate that QPI-1007 ...
... , , DALLAS, July ... (OTC Bulletin Board: ACCP) announced today that its European partner, ... MuGard in Norway. This follows previous commercial launches in the ... is responsible for manufacturing, regulatory approval and commercialization in the 27 countries ...
... July 27 American CareSource Holdings, Inc. (Nasdaq: ... announced the expansion of its ancillary services provider network with ... retail-based health care centers in the United States with about ... Minneapolis-based MinuteClinic is a subsidiary of CVS Caremark Corporation (NYSE: ...
... , , ... Inc. (OTC Bulletin Board: AEMD) today disclosed it has entered ... with the U.S. Army Medical Research Institute of Infectious Diseases ... Hemopurifier(R) is the first-in-class medical device to selectively adsorb viruses ...
... processed, stored in the brain , MONDAY, July 27 (HealthDay ... will probably rev up. , An international team of researchers ... when people recognize a photo or name, even if the ... perfect fashion. , "Different pictures of Marilyn Monroe can evoke ...
... , SOUTH SAN FRANCISCO, Calif., July 27 ... that Helen S. Kim has been appointed to the company,s Board ... Enterprise Associates, which purchased approximately $2.3 million of the company,s securities ... , "We are pleased to have Helen join ...
Cached Medicine News:Health News:Quark Pharmaceuticals Announces Data Indicating Potential Utility of QPI-1007 for Treatment of Glaucoma 2Health News:Quark Pharmaceuticals Announces Data Indicating Potential Utility of QPI-1007 for Treatment of Glaucoma 3Health News:Access Pharmaceuticals Announces Commercial Launch of MuGard(TM) in Norway by SpePharm 2Health News:Access Pharmaceuticals Announces Commercial Launch of MuGard(TM) in Norway by SpePharm 3Health News:Access Pharmaceuticals Announces Commercial Launch of MuGard(TM) in Norway by SpePharm 4Health News:American CareSource Holdings Increases ACS Network's Convenience and Quality With MinuteClinic Signing 2Health News:American CareSource Holdings Increases ACS Network's Convenience and Quality With MinuteClinic Signing 3Health News:American CareSource Holdings Increases ACS Network's Convenience and Quality With MinuteClinic Signing 4Health News:Aethlon Medical Announces U.S. Army Agreement 2Health News:Aethlon Medical Announces U.S. Army Agreement 3Health News:Famous Names Get Single Neurons Fired Up 2Health News:Sunesis Pharmaceuticals Appoints Helen S. Kim to Board of Directors 2
Titanium. Straight shafts with curved lower tip. Upper tip fits into positioning hole while lower jaw stabilizes the lens. Flat smooth handle with dull finish. Most popular size or model....
Hydroview insertion forcep with very thin jaws to allow insertion through tunnel or clear cornea incision. Locking. Made in titanium....
... ideal for insertions of the latest designs of ... to prevent migration of the lens from the ... eases fingertip manipulations of the instrument for precise ... provided for ease of loading and release of ...
... fold most flexible intraocular lens for ... instruments. The notched jaws align the ... precise fold. Ideal for lens diameters ... platform on tip is great for ...
Medicine Products: