NEW YORK (GenomeWeb News) – The National Institutes of Health has extended an agreement with Galapagos’ BioFocus DPI service division to continue using the services of the unit for the Molecular Libraries Small Molecule Repository through December 2010, the company said today.
The company said it will receive over $9 million over the course of the two-year extension, which is funded under the NIH Roadmap project.
BioFocus DPI operates the compound management facility for industrial and government customers out of its Compound Focus subsidiary in South San Francisco. The facility has acquired, stored, and distributed compounds for high-throughput biological screening throughout NIH’s US academic network since 2004.
BioFocus DPI sells drug discovery products and services to biotech and pharmaceutical companies, and it provides adenoviral reagents for identifying compound libraries, chemogenomics, and ADMET database products to select targets and compounds.