On September 22, 2021 Cyclica, the partner of choice for data-driven drug discovery, and IMPACT Therapeutics, a biopharmaceutical company dedicated to the discovery and development of targeted anti-cancer therapeutics with synthetic lethality approach, reported that they have entered to a collaboration agreement on IMPACT Therapeutics’ differentiated targeted anti-cancer drug development (Press release, Cyclica, SEP 22, 2021, View Source [SID1234590145]).
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IMPACT Therapeutics will apply Cyclica’s Ligand Express platform to selectively understand the targetivity profile of its novel anticancer therapeutics. The insights gained from such a collaboration will further improve and validate IMPACT Therapeutics’ competitive advantage in its clinical candidate.
Dr. Vern De Biasi, Cyclica’s Chief Partnership Officer indicates, "given IMPACT’s oncology focus, combined with Cyclica’s experience target profiling within oncology, the potential of our partnership is very promising. We’re thrilled to be teaming up with a hyper-innovative company in the oncology space with the collective goal of bringing medicines to patients in need."
Dr. Jun Bao, President and Chief Executive Officer of IMPACT Therapeutics shares his enthusiasm for the partnership by adding, "The collaboration makes good start for IMPACT to advance small molecule research integrating AI solutions into traditional processes to make medicine more personalised. We will continue to explore collaboration opportunities to advance the development of our clinical and pre-clinical assets and enhance our capabilities in R&D, to address unmet medical needs and make an impact on cancer treatment."