CAMBRIDGE, England, and CAMBRIDGE, Mass., Oct. 4,2012 /PRNewswire/ --Horizon Discovery Ltd (Horizon), a leading provider of research tools to support the development of personalized medicines, and H3 Biomedicine Inc. today announced the launch of SyntheTx, a technology partnership program aiming to become a major supplier of novel oncology targets and early-stage drug discovery programs to the pharmaceutical industry. H3 Biomedicine, a biopharmaceutical company specializing in the discovery and development of targeted patient-specific cancer treatments, is the first partner for the program. Additional biotechnology and/or pharmaceutical partners will be sought in the first 12 to 18 months of the program. Professor Alan Ashworth, Professor of Molecular Biology at the Institute of Cancer research (ICR) and pioneer of synthetic lethality screening, will join Horizon's Scientific Advisory Board to provide oversight of the program. (Logo: http://photos.prnewswire.com/prnh/20120430/NY96379LOGO ) Horizon and H3 Biomedicine will screen up to 50 currently "undruggable" but key cancer-driving genotypes, with the aim of identifying a range of targets that will be optioned by Horizon and H3 for further development. Any targets not optioned by H3 Biomedicine or Horizon will be made available on commercial terms to the pharmaceutical industry at the end of the program. The program will also capitalize … Continue reading
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