UK-based Astex Pharmaceuticals, a pharma company focused on the discovery and development of small molecules for oncology and central nervous system disorders, has expanded its deal with Merck & Co (NYSE: MRK).
It is the latest deal to be announced by Astex. The Otsuka Pharmaceutical (TYO: 4768) subsidiary already has a number of partnered products being developed under collaborations with big pharma companies.
The goal of the new collaboration with the US pharma giant, which goes by the name MSD outside of North America, is to identify small molecule candidates with activity towards a tumor suppressor protein for the treatment of cancer.
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