Discovery Partners International, Inc. Announces Significant Discovery Collaboration With Ono Pharmaceutical Co., Ltd.

26-Oct-2005

Discovery Partners International, Inc. announced that they have successfully agreed on their collaboration with Ono Pharmaceutical Co., Ltd. DPI will collaborate with Ono on multiple hit-to-lead and lead optimization projects. Financial terms of the collaboration and the therapeutic focus of the collaboration were not disclosed.

"We are very pleased that Ono has chosen to collaborate with Discovery Partners to find new leads for their drug discovery programs," stated Riccardo Pigliucci, Chairman and CEO of Discovery Partners. "The integrated drug discovery platform at DPI is enabled from target to optimized leads. Our collaboration model complements the needs of our partners to support any or all phases of the drug discovery process and to help a partner advance its programs. This collaboration with Ono is a strong endorsement of our drug discovery capabilities and our collaborative approach, and will especially leverage our expertise in medicinal chemistry."

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