Drugmakers to share neglected compounds with British academia

Drugmakers to share neglected compounds with British academia

LONDON (Reuters) – A group of seven leading drugmakers has agreed to share an array of neglected experimental medicines with British academic researchers in the latest example of the deepening ties between industry & external scientists.

British business minister Vince Cable announced the new partnership on Tuesday between the Medical Research Council (MRC) & the companies, under which the researchers will gain access to "deprioritized" pharmaceutical compounds.

Often these compounds have been dropped from development because they are not sufficiently effective against a particular condition, yet they may still be useful against other diseases with shared biological pathways.

p> AstraZeneca, GlaxoSmithKline, Johnson & Johnson, Eli Lilly, Pfizer, Takeda & UCB have all signed up to the scheme, which builds on the success of an earlier two-way program between AstraZeneca & the MRC.

One project under that original 2011 program involves a drug designed originally to treat acid reflux disease that has now been utilized as a treatment for chronic cough & is being tested in clinical trials.

While drugmakers have traditionally been reluctant to share their compounds, there is a growing recognition that outside experts may be able to unlock value by taking a different approach, resulting in shared profits between companies & academic institutions.

(Reporting by Ben Hirschler; Editing by David Goodman)

Pharmaceuticals & Drug TrialsMedical Research Council

Source: “Reuters”

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