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Merck Taps Nuevolution to Help Identify Drug Targets

NEW YORK (GenomeWeb News) – Nuevolution said today that it will use its DNA labeling platform to identify small-molecule leads against drug targets in a collaboration with Merck.
 
Copenhagen-based Nuevolution said it will use its Chemetics platform to screen multi-million member libraries for hit identification, and to perform hit-to-lead optimization.
 
Under the agreement, Merck will give Nuevolution an upfront payment, research funding, and milestone payments as candidate molecules move through preclinical and clinical development and onto the market.
 
Nuevolution also is eligible for royalties from sales of commercialized products resulting from the collaboration.

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