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NYSE: PFE) today announced a global collaboration to develop and commercialize ARV-471, an investigational oral PROTAC® (PROteolysis TArgeting Chimera) estrogen receptor proteindegrader. The companies will equally share worldwide development costs, commercialization expenses, and profits.
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Monte Rosa Therapeutics has raised $96m in Series B financing to support further develop of its pipeline of small-molecule proteindegraders. In this process, protein-degrading molecules ‘co-opt’ large cellular proteins (ubiquitin ligases) to breakdown other targetproteins, including those that cause cancer.
Targetedproteindegradation (TPD) is an approach whereby the body’s natural process for degradingproteins is diverted using small molecule drugs to eliminate disease-causing proteins. .
TOKYO and CAMBRIDGE, England , Dec. No further financial details are disclosed. ” About Sosei Heptares.
However, in recent years, huge leaps have been made in drug discovery ranging from novel technologies unearthing new techniques for small molecule development to new modalities like targetedproteindegradation that are beginning to open the door to a promising wave of transcription factor-directed therapeutic candidates.
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