Almirall: research collaboration with Chinese biotech
(CercleFinance.com) - Spanish drugmaker Almirall said that it has entered into a research collaboration with China's HitGen to identify new molecules for the treatment of atopic dermatitis.
Almirall said that with the Chengdu-based biotechnology firm it plans to develop an advanced lead-generation platform based on DNA-encoded libraries.
Although it was founded in 2012, HitGen already has a library of nearly 400 billion compounds.
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