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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