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Vendor News
TCG Lifesciences signs deals with Pfizer, Endo Pharma
TCG Lifesciences (TCG) has recently announced two major collaborations with
Pfizer and Endo Pharma. With Pfizer Inc TCG have entered into a collaboration
to develop a portfolio of preclinical candidate molecules in a series of discovery
target programs whereas in the Endo Pharma deal, TCG has a strategic agreement
to discover novel small molecule drug candidates for the treatment of pain.
Pfizer will own the compounds and TCGLS will receive research funding and will
be eligible to receive research milestone payments as part of the partnership
arrangement. Working closely with Endo scientists the collaboration will focus
on an integrated approach involving medicinal chemistry, biology and animal
pharmacology capabilities of Chembiotek. Endo will have full ownership of the
compounds developed under the collaboration with exclusive worldwide rights,
and will fund all subsequent drug development and commercialization activities.
Endo will provide research funding and pay success based discovery milestones
payments to TCG Lifesciences.
"We are very excited about this research collaboration. By combining Pfizer's
scientific leadership and drug discovery experience with TCGLS' project management
and scientific capabilities, we continue to expand our discovery capabilities
and increase the likelihood and speed of developing new medicines for patients
in need," said Rod MacKenzie, Senior Vice President, Head of Worldwide
Research, Pharma Therapeutics, Pfizer. "This investment further strengthens
our R&D partnership network in Asia and its emerging market countries, which
is an important component of our R&D strategy."
"We are also excited to partner with Pfizer and assist them in the effort
to discover a series of preclinical candidates," said Swapan Bhattacharya,
Managing Director, TCGLS. "This agreement serves as a testament to our
growing capacity and capabilities to provide high-end integrated discovery services
in the global arena and to align our strategic focus with the goals of our partners."
Ivan Gergel, MD, Endo EVP of research and development, stated, "We are
excited to be working with TCG Lifesciences in our efforts to discover, develop
and deliver the right kinds of treatment solutions to patients and providers.
This collaboration is consistent with our strategy of building Endo's pipeline
using a virtual discovery approach, in conjunction with our in-licensing efforts."
According to Bhattacharya, "This partnership with Endo is a result of the
skills, capabilities and scale of operations we have developed over the past
few years at TCGLS and more specifically at Chembiotek. This also highlights
TCGLS focus on developing special platform technologies, electrophysiology and
specific animal models relevant to preclinical research in the area of pain.
Our talented and dedicated team of scientists working in the area of medicinal
chemistry, biology and animal pharmacology has made this possible." focus
with the goals of our partners."
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