NEW YORK (GenomeWeb News) – Galapagos announced today that the National Institutes of Health have extended the service agreement with BioFocus to operate the Molecular Libraries Small Molecule Repository through December 2012.
As a result of the contract, Galapagos could receive up to $8.6 million during the course of the extension.
BioFocus is Galapagos' service division and helps its partners to accelerate the gene-to-drug candidate discovery process. It runs a compound management facility for a number of industrial and US government customers out of Compound Focus, a subsidiary based in South San Francisco, Calif.
BioFocus has been the home to MLSMR since 2004, and under its NIH contract acquires and stores compounds and distributes them for high-throughput biological screening throughout NIH's network in the US.
MLSMR is a component of the Molecular Libraries Initiative, an NIH Roadmap project.