Astex receives $1M grant for MM research

9 March 2009

Astex Therapeutics, a UK fragment-based drug discovery company, has  received an award of up to $1.0 million from the Multiple Myeloma  Research Foundation as part of its Biotech Investment Award research  program to support the development of the company's proprietary  compound, AT7519, in patients with multiple myeloma.

The agent, a cyclin-dependent kinase inhibitor, has shown significant  anti-tumor activity in preclinical models of the disease.

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