NEW YORK (GenomeWeb) – HitGen said today that it is collaborating with Bayer's Crop Science division to identify small molecule leads for targets of interest.
Under the partnership, Changdu, China-based HitGen will apply its DNA-encoded library design, synthesis, and screening platform to discover novel leads for Bayer research endeavors. HitGen will receive undisclosed upfront payments and will be eligible for milestone payments from Bayer.
"This collaboration further emphasizes the role of HitGen in the rapidly developing field of DNA-encoded chemistry, and extends the application of the technology into the science of crop protection," Jin Li, chairman and CEO of HitGen, said in a statement.
"We will work closely with Bayer scientists to generate new lead compounds for their research programs to develop new solutions to agricultural challenges," Li added.