UK firm Alizyme, which focuses on developing new drugs for obesity and gastrointestinal disorders, has given an update on the status of its development programs, following the appointment of Richard Palmer as chief operating officer.
Alizyme has adopted a model which is becoming more common in the USA but is still rarely seen in Europe; the virtual company which farms out the drug development work to outside contractors. For example, Alizyme has negotiated a preferred provider agreement with Quintiles, soon to become the largest clinical research organization in the world (see also page 3).
In its core program of obesity, Alizyme has avoided tackling the problem via centrally-acting drugs or compounds which alter fat metabolism, and decided instead to modulate caloric absorption, an area being pioneered at the moment by Roche with its lipase inhibitor Xenical (orlistat; see Marketletter October 21). Dr Palmer believes that there are areas upon which orlistat can be improved, and Alizyme says it currently has two projects building a line of potential candidates for further development.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze