CombiChem and University of Pittsburgh Sign Exclusive Option Agreement.SAN DIEGO--(BW HealthWire)--Sept. 16, 1997--CombiChem Inc. today announced that it has entered into an exclusive option agreement with the University of Pittsburgh Pittsburgh (pĭts`bərg), city (1990 pop. 369,879), seat of Allegheny co., SW Pa., at the confluence of the Allegheny and the Monongahela rivers, which there form the Ohio River; inc. 1816. to license the patent rights for the use of fluorous synthesis and separation techniques for the multi-parallel synthesis of chemical libraries in specific fields. In addition, CombiChem will sponsor research in this area at the University under the direction of Dr. Dennis Curran, Distinguished Services Professor of Chemistry and Bayer Professor of Chemistry, at the University of Pittsburgh. "The rapid synthesis of information rich, chemical libraries is an important component of our lead compound discovery efforts," said Peter Myers, Ph.D., CombiChem's chief operating and chief scientific officer. "We are looking forward to working with Dr. Curran in developing this technology." "I have been very impressed im·press 1 tr.v. im·pressed, im·press·ing, im·press·es 1. To affect strongly, often favorably: with the ability of CombiChem to incorporate both existing and new technologies into their synthesis of chemical libraries. Our research team is very excited about working with CombiChem to translate some of our recent research advances into valuable methods for chemical library synthesis," said Curran. CombiChem Inc., a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. , accelerates lead discovery through the integration of proprietary molecular design and rapid synthesis with chemistry expertise. Customers benefit from the acceleration of compound time to market, amplification amplification /am·pli·fi·ca·tion/ (33000) (am?pli-fi-ka´shun) the process of making larger, such as the increase of an auditory stimulus, as a means of improving its perception. of current R&D resources, and enhancement of patent strength, while maximizing the probability of development success. CombiChem currently has collaborations with Teijin, Limited of Japan, Roche Bioscience bioscience /bio·sci·ence/ (-si´ens) the study of biology wherein all the applicable sciences (physics, chemistry, etc.) are applied. bi·o·sci·ence n. See life science. of Palo Alto Palo Alto, city, California Palo Alto (păl`ō ăl`tō), city (1990 pop. 55,900), Santa Clara co., W Calif.; inc. 1894. Although primarily residential, Palo Alto has aerospace, electronics, and advanced research industries. , Calif. and Sumitomo Pharmaceuticals of Japan. CONTACT: CombiChem Inc. Vince Anido Jr. (Ph.D.), 619/530-0484 or Friestedt International Susanne Friestedt, 619/223-8844 or University of Pittsburgh Kevin Roark, 412/624-4148 |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion