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Sygnature Discovery Announces Multi-target Drug Discovery Deal With Sitryx Therapeutics

hits:51     Date:11/09/18
07 November 2018 鈥 Nottingham, UK 鈥 Sygnature Discovery, a leading independent integrated drug discovery and pre-clinical services company, has today announced a multi-target, integrated drug discovery collaboration with SitryxTherapeutics, a biopharmaceutical company focused on regulating cell metabolism to develop disease-modifying therapeutics in immuno-oncology and immuno-inflammation.

The energetic status of cells has been shown to be pivotal in controlling the behaviour of disease associated cells in immuno-oncology and immuno-inflammation. Correcting immune cell function and/or inhibiting tumour cell growth through targeting metabolic pathways has the potential to deliver new complementary and highly-differentiated approaches to treat a wide range of severe diseases. Sitryx's proprietary science is led by a highly-experienced management team, supported by GlaxoSmithKline's drug discovery experience and world-class academic founders, in addition to Sygnature鈥檚 significant expertise in immuno-oncology and immunology drug discovery. Sitryx Therapeutics was founded by six world-leading researchers in the field of immunology and immuno-regulation, including Houman Ashrafian, Luke O'Neill, Jonathan Powell, Jeff Rathmell, Michael Rosenblum and Paul Peter Tak.

Commenting on the collaboration, Sygnature鈥檚 CEO and Founder, Dr Simon Hirst said: "We are pleased to have been selected by Sitryx to support their ground-breaking research efforts to develop disease-modifying therapeutics across multiple biological targets in immuno-oncology and immuno-inflammation. Our considerable in-house knowledge of immuno-oncology and immunology discovery will enable us to efficiently navigate these complex areas of biology to support the identification and optimisation of novel and selective small molecules while developing a deep understanding of their mode-of-action."

Dr Neil Weir, Sitryx鈥檚 CEO said, "Sygnature Discovery has an established reputation as a provider of premium integrated drug discovery and pre-clinical services and the Sitryx team has an extensive track record of success in the discovery and development of novel drugs. We will combine our considerable know-how and expertise to deliver new, highly-effective disease-modifying therapeutics in immuno-oncology and immuno-inflammation."

About Sygnature Discovery
Sygnature Discovery is a leading independent integrated drug discovery and pre-clinical services company. Private equity-backed since 2017, we operate fully-enabled research facilities in Nottingham and Alderley Park, UK, housing over 200 research scientists (80% with PhDs). Our experienced drug hunters possess all of the professional skills and know-how required to undertake the most demanding of research programmes and drive them from target validation through hit identification, hit-to-lead and lead optimisation to pre-clinical development candidate. Since 2011, we have delivered 14 drug candidates to our clients which have subsequently entered the clinic (Phases I and II). In 2017, Sygnature Discovery received the prestigious Queen鈥檚 Award for Enterprise for International Trade. 
For further information, visit: www.sygnaturediscovery.com or email: busdev@sygnaturediscovery.com

About Sitryx
Sitryx is a biopharmaceutical company focused on regulating cell metabolism to develop disease-modifying therapeutics in immuno-oncology and immuno-inflammation. The company, founded with seed funding from SV Health investors, has raised a total of $30 million in its Series A financing round from a syndicate of specialist international healthcare investors co-led by SV Health Investors and Sofinnova Partners, and also including Longwood Fund and the global healthcare company, GSK. The investment will be used to develop disease-modifying therapies in immuno-oncology and immuno-inflammation.
 
For further information, visit: www.sitryx.com or email: info@sitryx.com
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