Lee’s Pharm Enters $22.5 Million Deal for AI-Discovered Preclinical Molecule

Published on: Dec 19, 2018
Author: Amy Liu

Lee’s Pharm, a China in-licensing company, announced a $22.5 million agreement for China and Southeast Asia rights to a preclinical cardioprotective molecule developed by Auransa of Palo Alto, CA. Auransa uses its SMarTR™ Engine AI-driven platform to discover non-obvious drug candidates. AU018 is intended to be administered along with doxorubicin to mitigate the cardiotoxicity side effect of the chemotherapy. In early testing, AU018 did not interfere with doxorubicin’s activity.

Source: China Biotoday

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