Agreements

* On June 14, 2013, Cancer Research Technology, the commercial arm of Cancer Research UK, the University of Manchester and AstraZeneca have announced two agreements to seek new cancer drugs. In the additional agreement, AstraZeneca has invited Cancer Research UK scientists from the Paterson Institute to test a potential drug target against AstraZeneca’s compound collection at Alderley Park to see if any could potentially work as a new cancer drug. This is the first time that AstraZeneca has invited an external party to screen such an extensive set of compounds within its screening facility.

AstraZeneca will provide the important clinical and molecular information on any promising molecules, and Cancer Research UK scientists at the Paterson Institute will then have the opportunity to develop to a defined stage. AstraZeneca will have first rights of negotiation on any promising drug targets as a result of the extensive testing at the compound collection at Alderley Park.