Japanese drugmaker Ono Pharmaceutical (TYO: 4528) has entered into a drug discovery collaboration agreement with privately-held Canadian firm Congruence Therapeutics.
The companies will collaborate on the generation of novel small molecule correctors against multiple protein targets in the oncology area, by leveraging Congruence’s proprietary drug discovery platform, Revenir.
Ono will obtain an exclusive option right to develop, manufacture and commercialize the identified small molecule correctors worldwide.
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