NEC, Cerep Japan to Collaborate in Search and Analysis of Drug Candidate Compounds.Tokyo, Japan, Nov 25, 2005 - (JCNN JCNN Japan Corporate News Network ) - NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98). NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd. announced on November 24 that it has agreed with Cerep Japan to form a business alliance to collaborate in searching and analyzing drug candidate compounds. Specifically, by leveraging NEC's virtual screening system for drug candidate compounds and Cerep's compound library and its expertise in pharmacologic pharmacologic /phar·ma·co·log·ic/ (-kah-loj´ik) pertaining to pharmacology or to the properties and reactions of drugs. pharmacological, pharmacologic pertaining to pharmacology. and toxicological testing, the partners will rapidly and effectively identify and verify candidate compounds. The two companies will jointly receive orders and provide search and analysis services targeting pharmaceutical companies. They aim to generate more than 1 billion yen ($8.4 mil An Internet address domain name for a military agency. See Internet address. (networking) mil - The top-level domain for entities affiliated with US armed forces. ) in sales over the next three years. Copyright [c] 2005 Japan Corporate News Network. All rights reserved. |
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