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Will focus on discovery of new pain treatments
July 31, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
Bionomics Ltd. has entered a two-year agreement with Merck to discover and develop small molecule candidates for the treatment of chronic pain, including neuropathic pain. Bionomics will use its ionX drug discovery platform and MultiCore chemistry to identify potential drug candidates. Merck will have the option to exclusively license a compound from Bionomics for further development and Bionomics may receive option fees and development and regulatory milestone payments of as much as $172 mill...
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