Pharma Partnership Astrazeneca Collaborates with CSPC Pharmaceuticals for AI-Based Research

Source: Press release Astrazeneca 2 min Reading Time

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Under a strategic research collaboration between Astrazeneca and CSPC Pharmaceuticals, both the companies will join hands to advance the discovery and development of novel oral candidates.

Under the terms of the agreement, Astrazeneca and CSPC agree to discover and develop pre-clinical candidates for multiple targets with the potential to treat diseases across chronic indications.(Source:  Catharina Fyrberg AB/Astrazeneca)
Under the terms of the agreement, Astrazeneca and CSPC agree to discover and develop pre-clinical candidates for multiple targets with the potential to treat diseases across chronic indications.
(Source: Catharina Fyrberg AB/Astrazeneca)

Cambridge/UK – Astrazeneca has entered into a strategic research collaboration with Shijiazhuang City-based CSPC Pharmaceuticals Group. Working together on high priority targets, the collaboration aims to advance the discovery and development of novel oral candidates, with the potential to treat diseases across multiple indications.

Under the terms of the agreement, Astrazeneca and CSPC agree to discover and develop pre-clinical candidates for multiple targets with the potential to treat diseases across chronic indications, including a pre-clinical small molecule oral therapy for immunological diseases.

Sharon Barr, Executive Vice President and Head of Biopharmaceuticals R&D said: “This strategic research collaboration underscores our commitment to innovation to tackle chronic diseases which impact over two billion people globally. Forming strong collaborations allows us to leverage our complementary scientific expertise to support the rapid discovery of high-quality novel therapeutic molecules to deliver the next-generation medicines.”

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The research will be carried out by CSPC, in Shijiazhuang City and will utilize their AI-driven, dual-engine efficient drug discovery platform. This platform uses AI technology to analyze the binding patterns of target proteins with existing compound molecules, conduct targeted optimization, with the aim of selecting highly effective small molecules with excellent developability.

The collaboration furthers Astrazeneca’s presence in China following the 2.5-billion-dollar investment in Beijing announced earlier this year and strengthens the ongoing collaboration with CSPC.

Under the terms of the agreement, CSPC will receive an upfront payment of 110 million dollars, and is also eligible to receive up to 1.62 billion dollars in potential development milestone payments and up to 3.6 billion dollars in sales milestone payments, plus potential single digit royalties based on annual net sales of the products.

Under the agreement, Astrazeneca will have rights to exercise options for exclusive licenses to develop and commercialize worldwide candidates identified under this agreement.

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