Schrödinger and SPARC Announce Collaboration to Accelerate Neurodegeneration Drug Development Program
Deepthi | Myequity news | Date : 03-12-2018 10:30:00 IST
Schrödinger and Sun Pharma Advanced Research Company Ltd. collaborate to accelerate the discovery of novel CNS therapeutics by leveraging Schrödinger’s advanced computational platform and SPARC’s extensive drug development expertise and insights in neurodegeneration.
“This research collaboration is particularly exciting because neurodegeneration is an area where we urgently need more options for patients through novel approaches to drug discovery and development,” said Ramy Farid, Ph.D., president and CEO of Schrödinger. “SPARC has been working with leading academic researchers to explore pathways relevant to disorders of the central nervous system, and their insights are quite compelling. Teaming up will allow us to rapidly interrogate therapeutic compounds that target these pathways.” About Schrödinger:
“We have used Schrödinger’s software for years and have experienced directly the power of their physics-based approaches to computational modeling, so we’re delighted to form a collaboration that lets us tap into the expertise of their drug discovery team as well,” said Anil Raghavan, CEO of SPARC. “At SPARC, we’re committed to fueling innovation through both internal R&D and strategic partnerships with industry leaders, and this collaboration is a strong step in that direction. By working together, we can greatly accelerate the pace of innovation.”
Schrödinger is a leading provider of advanced molecular simulations and enterprise software solutions that accelerate and increase the efficiency of drug discovery and materials design. Schrödinger has a growing pipeline of early stage assets and has co-founded leading biotech companies, including Nimbus Therapeutics and Morphic Therapeutic. In addition, the company has deep partnerships and collaborations in such fields as biotechnology, pharmaceuticals, chemicals, and electronics. About SPARC:
Sun Pharma Advanced Research Company Ltd. (SPARC) is a global pharmaceutical company focused on continuously improving standards of care for patients globally through innovation in therapeutics and delivery. SPARC aims to consistently lower costs and improve operational efficiencies to advance availability and affordability of cures for patients across the world.