Redx Pharma and AstraZeneca collaborate on oncology research

4 September 2014

UK-based drug discovery firm Redx Pharma says it has entered into a research collaboration with Anglo-Swedish pharma major AstraZeneca (LSE: AZN) to discover and develop new molecules targeting a genetic driver of tumor growth and survival.

The research will complement AstraZeneca's strategic approach focused on genetic drivers of cancer and mechanisms of resistance to established and novel cancer therapies.

The research collaboration will involve Redx Pharma scientists working with AstraZeneca's Oncology Innovative Medicines group to accelerate the drug discovery process. Redx Pharma will use its early stage drug discovery capabilities to identify novel leads whose further development will be supported by AstraZeneca's extensive knowledge of the area and strong oncology expertise.

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