X-Chem, Inc. has achieved several milestones, leading to the licensing of three drug discovery programs by AstraZeneca under the companies’ May 2012 collaboration. X-Chem’s platform has demonstrated the ability to discover novel, potent and selective lead compounds against a range of targets. AstraZeneca has licensed programs directed at an oncology PPI target, a respiratory/inflammation PPI target, and an antibacterial target. X-Chem received an upfront payment and research funding, as well as ...