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LibraGen and sanofi-aventis sign
research partnership to identify new candidate molecules for treatment of
infectious diseases and cancer |
Pharmaceutical group will use LibraGen's innovative technology in field of
non-cultivable micro-organisms
Toulouse, France, October 25, 2006 - LibraGen, a bacterial
diversity-based process and discovery specialist, announces today it has signed
a partnership agreement with sanofi-aventis covering the use of LibraGen's
know-how in microbial biodiversity. The goal of this collaboration is the
discovery of new chemical structures derived from non-cultivable
micro-organisms.
The global partnership is split into two phases, the first of which is a pilot.
If successful, this may give rise to a long term collaboration between LibraGen
and sanofi-aventis. The two companies did not disclose the financial terms of
the agreement which are based on milestones fees and royalties.
Initially, LibraGen will transfer to sanofi-aventis laboratory-extracted samples
of existing non-cultivable micro-organisms. Sanofi-aventis will add these to its
chemical library and thus access new unique compounds, produced under a
reproducible process using LibraGen technology. Depending on their biological
activity, these compounds may be selected either for optimization of their
chemical structure via synthesis so as to enhance their properties, or for
direct pharmaceutical development.
"We finalized this partnership after a lengthy due-diligence procedure by
sanofi-aventis to check out LibraGen's know-how and the quality of our
technology," said Renaud Nalin, CEO of LibraGen. "This contract strengthens
LibraGen's position on the market and provides recognition of our know-how in
identifying new active molecules and in producing high value-added molecules."
"LibraGen's technology allows us to build up our supply strategy for natural
substances by giving us access to sources of new molecules that have been
hitherto inaccessible," said Jean-Pierre Maffrand, director of discovery
research at sanofi-aventis. "These molecules could well be essential for our
research programs for new medicines."
A successful pilot phase will trigger a long term collaboration in which
LibraGen will supply a large number of active extracts that have been qualified
on antiinfectious or antiproliferative targets.
Sanofi-aventis will have the right to acquire and/or develop any of these
molecules in return for the payment of milestones and royalties to LibraGen. The
pharmaceutical group also holds exclusivity on part of the collection of
original active extracts from LibraGen.
About LibraGen
LibraGen, Toulouse, France, specializes in the development of bioprocesses for
the production of healthcare molecules and the discovery of new chemical
scaffolds with cross-industry applications. By focusing on untapped
biodiversity, the company has developed a platform of proven proprietary
technologies to identify, validate and produce high added-value enzymes and
molecules for industrial, pharmaceutical, chemical, cosmetic and environmental
applications. The overall combination of LibraGen's scientific and production
know-how, technology platform and research results has already achieved a number
of successful partnerships in research and production in the fields of
cosmetics, pharmaceuticals and fine chemistry. In parallel with these
partnerships with leading pharma companies, LibraGen's internal research is
building up a pipeline of new active molecules with anti-infectious and
anti-cancer applications.
For more information, visit
http://www.libragen.com
About sanofi-aventis
Sanofi-aventis is the world's third largest pharmaceutical company, ranking
number one in Europe. Backed by a world-class R&D organization, sanofi-aventis
is developing leading positions in seven major therapeutic areas:
cardiovascular, thrombosis, oncology, metabolic diseases, central nervous
system, internal medicine, and vaccines. Sanofi-aventis is listed in Paris (EURONEXT:
SAN) and in New York (NYSE: SNY).
For more information, visit
http://www.sanofi-aventis.com
For more information, please contact:
Andrew Lloyd & Associates
Andrew Lloyd / Neil Hunter
allo@ala.com /
neil@ala.com
Tel : +44 1273 675100
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