GSK milestone for Pharmacopeia
Pharmacopeia, a US innovator in the discovery and development of novel small-molecule therapeutics, says that it has identified a new lead compound for advancement in its alliance with UK-based drug giant GlaxoSmithKline, through its collaboration with the Center of Excellence for External Drug Discovery. This newly-identified lead compound is the second from a program being evaluated as a potential treatment for respiratory disease. As a result, Pharmacopeia received a $500,000-milestone payment from GSK.
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