Salipro to aid Sumitomo advance drug discovery program

12 September 2023

Privately-held Swedish firm Salipro Biotech has entered into a research collaboration with Japan's Sumitomo Pharma (TYO: 4506) to reveal the mechanism of action and pharmacological characterization of a drug candidate.

Under the terms of the collaboration, Salipro will use its expertise in stabilizing challenging membrane proteins such as GPCRs, ion channels and transporters via its proprietary technology platform, to advance a Sumitomo Pharma’s drug discovery program by characterizing a drug candidate with the desired therapeutic properties against a selected target.

Previously, Salipro has signed multiple research collaborations with a number of top-tier pharma and biotech companies including AstraZeneca (LSE: AZN) and Sanofi (Euronext: SAN).

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