BioFocus
collaborates with Cresset to develop new range of compound
libraries
Saffron
Walden and Hertfordshire, UK; December 15, 2005 –
BioFocus, Galapagos’ services division (Euronext &
LSE: GLPG), announced today that is has formed an alliance
with Cresset BioMolecular Discovery Limited (Cresset BMD)
to develop a new range of compound libraries. BioFocus is
developing this new range of “FieldFocus™”
compounds based on Cresset’s molecular fields software.
BioFocus also has an option to license the technology for
medicinal chemistry projects for itself and third parties.
While
conventional modelling approaches rely on the atom and bond
representations of compounds, Cresset’s FieldTemplater™
method of molecular field modelling identifies the molecular
field of the 3-dimensional conformation of a compound. This
provides a powerful “protein’s view” of
the key molecular features required for biological activity.
Furthermore, using molecular field patterns to compare molecules
enables a robust structure-independent method of identifying
novel chemical classes that can take a project into new
intellectual property space. This technology is especially
valuable for certain classes of receptors such as GPCR and
ion channels, which are highly valued by the pharmaceutical
industry but which lack sufficient X-ray crystallographic
structures to allow easy molecular design.
“By
combining Cresset’s and BioFocus’ computational
expertise, BioFocus is expanding its range of targeted compound
libraries for high-value drug targets such as GPCRs and
ion channels,” said Chris Newton, Senior Vice-President
BioFocus. “We are excited to implement Cresset’s
cutting-edge Field technology and are confident that these
novel libraries and technologies will help to accelerate
our customers’ drug discovery programs.”
Beatrice
Leigh, CEO of Cresset, commented “We are delighted
to be collaborating with BioFocus on the development of
a new range of targeted compound libraries. BioFocus has
an outstanding, global reputation for the high quality of
the compounds in their libraries and the excellence of their
design process based on in depth medicinal chemistry experience
and novelty. We are looking forward to working with them
to create some truly innovative libraries for effective
drug discovery.”
About
Galapagos
Galapagos
is a publicly traded, genomics-based drug discovery company
(Euronext Brussels, GLPG; Euronext Amsterdam, GLPGA, London
AiM: GLPG) that has drug discovery programs based on proprietary,
novel targets in the bone and joint diseases - osteoarthritis,
osteoporosis and rheumatoid arthritis. Galapagos offers
a full suite of target-to-drug discovery products and services
to pharmaceutical and biotech companies through its division
BioFocus, encompassing target discovery and validation,
and drug discovery services through to delivery of pre-clinical
candidates. In addition, BioFocus provides adenoviral reagents
for rapid identification and validation of novel drug targets
and compound libraries for screening. Galapagos currently
employs 203 people, including 76 PhDs, and occupies facilities
in Mechelen, Belgium, Saffron Walden, UK and Leiden, The
Netherlands. The partners of Galapagos include Amgen, AstraZeneca,
Bayer, Boehringer Ingelheim, Celgene, GlaxoSmithKline, Idenix,
Novartis, Organon, Serono, Vertex, and Wyeth. More information
about Galapagos and BioFocus can be found at www.glpg.com.
About Cresset
Cresset
BioMolecular Discovery Ltd is a drug discovery technology
company based in Letchworth, Hertfordshire, UK. Founded
in November 2001, the Company has pioneered the use of in
silico applications for the analysis of molecular fields
rather than chemical structures in drug discovery. The Company
markets its proprietary Field-based software which includes
Fieldscreen™, a candidate selection technology that
rapidly identifies diverse drug like compounds with the
same biological effects, and FieldTemplater™ which
creates bound conformation hypotheses for active compounds
to guide hit-finding and lead optimisation projects. Cresset
also undertakes fee-for-service projects and collaborations
with shared IP. It has a global client base which includes
six major pharmaceutical companies and more than twenty
biotechnology companies. More information about Cresset
can be found at www.cresset-bmd.com.
CONTACTS
BioFocus
Dr. Chris Newton, SVP BioFocus
Tel: +44 1799 533 535
cnewton@biofocus.com
Cresset
BMD
Beatrice Leigh, CEO
Tel: +44 1462 476 320
b.leigh@cresset-bmd.com