Skip to main content
Premium Trial:

Request an Annual Quote

NeoGenesis in Drug-Discovery Deal With Schering-Plough

NEW YORK, Aug. 6 – NeoGenesis and Schering-Plough Corporation have partnered to discover small-molecule drug leads, the companies announced on Monday.

Under the deal, NeoGenesis will employ its Automated Ligand Identification System (ALIS) and its neoMorph compound library to help Schering-Plough discover a range of antiviral candidates. In exchange, the drug giant will outlay research and development funding as well as an undisclosed equity investment in NeoGenesis.

The deal, which may run for five years, also provides NeoGenesis license fees and payments for clinical or regulatory milestones. It was not clear what those milestones are, and representatives from the Cambridge, Mass.-based company were not immediately available for comment.

“We are very pleased to enter this collaboration with Schering-Plough,” Satish Jindal, president and CSO of NeoGenesis, said in a statement. He expects the partnership to yield “high-quality leads” to “a variety” of Schering targets. 

In June, NeoGenesis and UK-based biotechnology company Oxford Glycosciences entered into a similar partnership.  

Under that deal, OGS, of Oxford, provided an undisclosed number of protein targets to NeoGenesis as well as pay NeoGenesis research fees, milestone payments, and royalties for any lead compounds. 

OGS, which will commercialize these compounds, also made an undisclosed equity investment in NeoGenesis. 

The Scan

US Booster Eligibility Decision

The US CDC director recommends that people at high risk of developing COVID-19 due to their jobs also be eligible for COVID-19 boosters, in addition to those 65 years old and older or with underlying medical conditions.

Arizona Bill Before Judge

The Arizona Daily Star reports that a judge is weighing whether a new Arizona law restricting abortion due to genetic conditions is a ban or a restriction.

Additional Genes

Wales is rolling out new genetic testing service for cancer patients, according to BBC News.

Science Papers Examine State of Human Genomic Research, Single-Cell Protein Quantification

In Science this week: a number of editorials and policy reports discuss advances in human genomic research, and more.