Drug discovery deal for Dompe and Bio-Quant
Italy's Dompe SpA and USA-based Bio-Quant have entered a newmulti-target research collaboration involving four chemokine receptors related to inflammatory and immunological diseases, such as atherosclerosis, glomerulonephritis, asthma and allergy.
The firms will use Bio-Quant's proprietary G Protein Coupled Receptors' functional high-throughput screening technologies to identify and validate small-molecule drug candidates for agreed targets.
Under the terms of the deal, Dompe will provide Bio-Quant with an initial, undisclosed, upfront payment and monthly research funding thereafter.
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