NeuroVive buys stake in UK's Isomerase Therapeutics

16 January 2016

Swedish mitochondrial medicine firm NeuroVive Pharmaceutical (Nasdaq OMX AB: NVP) has made a partial acquisition of UK-based Isomerase Therapeutics, with the overall goal to strengthen the partnership and accelerate its R&D program.

The acquisition aims to further enhance the collaboration and to ensure that NeuroVive’s projects remain a key priority for Isomerase. Furthermore, the partnership will support the discovery of new compounds, based on the additional expertise Isomerase brings to the partnership. This is a key step forward for NeuroVive, who are committed to advancing the R&D portfolio as quickly as possible. Most recently, the joint teams at NeuroVive and Isomerase have been able to advance the drug candidate process for the Complex I program (NVP015) and the project is progressing well.

Isomerase is a world leader in the discovery and development of molecules that target peptidyl-prolyl isomerases such as cyclophilins. The team is actively involved in the pharmacology, chemistry and manufacturing for many of NeuroVive’s projects.

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