We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies. Cookie Policy.

Features Partner Sites Information LinkXpress hp
Sign In
Advertise with Us

Download Mobile App




American-British Cooperation to Establish New Drug Discovery Company

By LabMedica International staff writers
Posted on 01 Nov 2015
An American biotechnology venture capital company is providing initial funding for the establishment of a drug development firm that will operate in the framework of a prestigious British research institution.

The venture capital company Research Corporation Technologies (Tucson, AZ, USA) is providing Series A funding that will enable researchers from King’s College London (United Kingdom) to form the new drug development company Femtogenix (London, United Kingdom).

The focus of the company is to discover and develop next generation DNA-interactive payload molecules for use in antibody-drug conjugates. More...
The payload molecules are designed through a development platform combining proprietary computational chemistry techniques, and founder know-how gained from more than 50 years of experience in DNA-targeted drug discovery and development.

Femtogenix’s drug discovery platform allows the company to design molecules capable of binding reversibly and/or irreversibly to DNA, in a sequence-interactive manner, leading to exquisite cytotoxicity toward tumor cells. When attached to antibodies or other targeting moieties, these potent cytotoxic agents can be delivered directly to tumors with minimal general systemic toxicities for patients. The company’s management and scientific teams consist of highly experienced scientists with the expertise to translate the novel platform into tangible results for cancer patients.

Dr. David Thurston, professor of drug discovery at Kings College London, said, “Femtogenix Ltd. is an exciting opportunity to achieve a practical outcome for our research, which, hopefully, should benefit cancer patients in the coming years. We are grateful to the staff of the King’s Intellectual Property & Licensing Office for their vision in helping to found Femtogenix, and to Research Corporation Technologies for sharing that vision and providing the substantial funding and other support needed to establish the Company.”

Dr. Chris Keightley, CEO of Femtogenix, said, “We plan to expand and develop our platform of novel payload molecules and make these available to biopharma companies through partnering and licensing arrangements.”

Related Links:

Research Corporation Technologies 
King’s College London
Femtogenix



Gold Member
Respiratory Syncytial Virus Test
OSOM® RSV Test
POC Helicobacter Pylori Test Kit
Hepy Urease Test
Gel Cards
DG Gel Cards
Pipette
Accumax Smart Series
Read the full article by registering today, it's FREE! It's Free!
Register now for FREE to LabMedica.com and get access to news and events that shape the world of Clinical Laboratory Medicine.
  • Free digital version edition of LabMedica International sent by email on regular basis
  • Free print version of LabMedica International magazine (available only outside USA and Canada).
  • Free and unlimited access to back issues of LabMedica International in digital format
  • Free LabMedica International Newsletter sent every week containing the latest news
  • Free breaking news sent via email
  • Free access to Events Calendar
  • Free access to LinkXpress new product services
  • REGISTRATION IS FREE AND EASY!
Click here to Register








Channels

Immunology

view channel
Image: Circulating tumor cells isolated from blood samples could help guide immunotherapy decisions (Photo courtesy of Shutterstock)

Blood Test Identifies Lung Cancer Patients Who Can Benefit from Immunotherapy Drug

Small cell lung cancer (SCLC) is an aggressive disease with limited treatment options, and even newly approved immunotherapies do not benefit all patients. While immunotherapy can extend survival for some,... Read more

Industry

view channel
Image: The LIAISON NES molecular point-of-care platform (Photo courtesy of Diasorin)

Diasorin and Fisher Scientific Enter into US Distribution Agreement for Molecular POC Platform

Diasorin (Saluggia, Italy) has entered into an exclusive distribution agreement with Fisher Scientific, part of Thermo Fisher Scientific (Waltham, MA, USA), for the LIAISON NES molecular point-of-care... Read more
Copyright © 2000-2026 Globetech Media. All rights reserved.