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Agreements

Date: 2012-12-16

Type of information: R&D agreement

Compound: small molecule therapeutics developed on the basis of the CavitIIRx platform

Company: Roche (Switzerland) ProMining Therapeutics (Israel)

Therapeutic area: Metabolic diseases

Type agreement:

Action mechanism:

Disease: type 2 diabetes

Details:

ProMining Therapeutics has announced a new collaboration with Roche in the field of type 2 diabetes mellitus. Under the terms of the agreement, ProMining Therapeutics will use its CavitIIRx platform to develop small molecule therapeutics for treatment of type 2 diabetes mellitus and will receive research based funding. Further details of the agreement were not disclosed.

Financial terms:

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Is general: Yes