Date: 2016-06-17
Type of information: Collaboration agreement
Compound: antibody drug discovery program
Company: Takeda Pharmaceutical (Japan) Tri-Institutional Therapeutics Discovery Institute (USA - NY)
Therapeutic area:
Type agreement: collaboration
Action mechanism:
Disease:
Details: * On June 16, 2016, Memorial Sloan Kettering Cancer Center, The Rockefeller University and Weill Cornell Medicine announced that they will expand the focus of the successful Tri-Institutional Therapeutics Discovery Institute, Inc. (Tri-I TDI), a partnership established in 2013 to expedite early-stage drug discovery of innovative new therapies. Under this
expansion, Tri-I TDI will extend its current relationship with its industry partner, Takeda Pharmaceutical from the realm of small molecule discovery into the new research area of antibodydrug discovery. All three institutions will benefit from Tri-I TDI’s expansion.
The independent nonprofit Tri-I TDI was launched in 2013, and has its own scientific advisory board and board of directors. The Tri-I TDI is located on the top floor of the new, state-of-the-art Belfer Research Building at Weill Cornell Medicine, and the new antibody facilities are housed in the Zuckerman Research Center at Memorial Sloan Kettering Cancer Center. Tri-I TDI was established to bridge the gap between groundbreaking early-stage academic research discoveries and the development of new diagnostic or therapeutic agents. Tri-I TDI supports translational research across the Tri-I community by leveraging the expertise of all three academic institutions and its industry partner, Takeda.
The organization’s initial and continuing goals are to foster discovery and translational research, to provide high-quality educational opportunities to all members of the Tri-I community, and to deepen faculty involvement in drug discovery. In the context of its expanding partnership with Takeda, Tri-I TDI will explore new areas where it can provide value to patients. As Tri-I TDI’s sole industry partner, Takeda contributes a team of experienced chemists and pharmacologists, along with a wealth of institutional knowledge and best practices gained from its position as an established industry leader in the pharmaceutical sector.
The three institutions received an initial $15 million gift from Lewis and Ali Sanders to launch the Tri-I TDI and, recently, a second $15 million gift from the couple to grow its mission. The institute is also funded through direct contributions from Memorial Sloan Kettering Cancer Center, The Rockefeller University and Weill Cornell Medicine.
Financial terms:
Latest news:
