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Follow on Google News | Smartox Biotechnology to collaborate with Xenon Pharmaceuticals to identify animal venom moleculesSmartox Biotechnology, a French company specialized in animal venom research, is pleased to announce research collaboration with Xenon Pharmaceuticals, a clinical-stage biopharmaceutical company based in Canada to identify new ion channel modulators
By: Smartox The collaboration combines the expertises of Smartox Biotechnology in the study of animal venoms with Xenon Pharmaceuticals Inc.’s ion channel discovery platform. The VenomScreen® Pursuant to the terms of the agreement, both Smartox and Xenon are free to use all intellectual properties arising out of the collaboration for internal discovery and research purposes. Smartox has an exclusive right to develop and sell venom toxins identified through the collaboration as research tools, therapeutics and diagnostics. Xenon will receive royalties on net sales for diagnostic or therapeutic products resulting from the collaboration. In addition, Smartox has granted Xenon a right as a privileged collaborator in the first negotiation concerning license or purchase agreements for the development and commercialization of any human therapeutic products. About Smartox Biotechnology Smartox Biotechnology is a French company specialized in animal venom based drug discovery research. Venoms are composed of hundreds of different molecules, which include peptides that are small molecules with exceptional structural and functional properties. Venom peptides are efficient modulators of the activity of numerous membrane receptors on the cell surface such as ion channels and GPCRs which are major class therapeutic targets (40% of approved drugs target these receptors). Therefore, venom peptides are particularly interesting for use as drugs for a wide variety of indications such as pain, cancer, autoimmune disorders and much more. Several drugs issued from venoms have already been approved to treat pain, cardiovascular disorders or diabetes. Smartox Biotechnology objective is to explore the therapeutic potential of this natural multi-million molecule reservoir at the industrial scale by combining cutting-edge bioanalytical technologies and chemical engineering proprietary processes. End
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