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Painceptor Pharma announces collaboration with Argenta Discovery03 May 2006 -
PainCeptor Pharma Corp. announced that it has entered into a development collaboration with Argenta Discovery Ltd., a contract and respiratory drug development company. Under the terms of the agreement, scientists from the two companies will exploit Argenta's expertise in computer-aided drug design (CADD) and medicinal chemistry to accelerate PainCeptor's ASIC (acid-sensing ion channel) development program for pain therapeutics, targeting these sensory mechanisms which are associated with a variety of pain-related conditions, including cancer and arthritis.
Financial terms of the deal were not disclosed, but the agreement does provide options to expand the relationship.
Additional information
Argenta Discovery Ltd.
Harlow, Essex, United Kingdom
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PainCeptor Pharma Corp.
St-Laurent, Quebec, Canada
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News regarding Cooperation
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