Roche joins forces with AmorChem on Steinert's disease research

29 July 2014

Swiss drug major Roche (ROG: SIX) and AmorChem, a Canadian venture capital firm investing in life science projects, have entered into a collaboration to discover novel small molecule disease-modifying therapy for the treatment of myotonic muscular dystrophy 1, or Steinert’s disease.

Myotonic dystrophy is a progressive degenerative disease that affects an estimated 130,000 people in USA, European Union and Japan. There is currently no approved treatment available to slow or stop disease progression.

AmorChem eligible for payments of up to $107 million

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