Faust changes name to Domain Therapeutics
French clinical-stage drug discovery and development firm Faust Pharmaceuticals has changed its name to Domain Therapeutics, to reflect its new business model.
The firm has switched its focus from drugs with indications in the treatment of central nervous disorders to a family of allosteric modulator targets called G protein-coupled receptors, regardless of the therapeutic area, and already has a pipeline of GCPRs in development.
"To our knowledge, there are no other specific technologies available for allosteric modulators," said new chief executive Pascal Neuville. "Our platform represents therefore a key competitive advantage in an area of huge unmet need," he added.
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