Arbutus Biopharma, X-Chem and Proteros biostructures Enter into a Pan- Coronavirus Discovery Research and License AgreementDiscovery Research and License Agreement • April 1st, 2021 • Arbutus Biopharma Corp • Pharmaceutical preparations
Contract Type FiledApril 1st, 2021 Company IndustryThis collaboration brings together Arbutus’ expertise in the discovery and development of antiviral agents with X-Chem’s industry leading DNA-encoded library (DEL) technology and Proteros’ protein sciences, biophysics and structural biology capabilities and provides important synergies to potentially identify safe and effective therapies against coronaviruses including SARS-CoV-2. The collaboration will allow for the rapid screening of one of the largest small molecule libraries against Mpro (an essential protein required for the virus to replicate itself) and the use of state-of-the-art structure guided methods to rapidly optimize Mpro inhibitors, which Arbutus could potentially progress to clinical candidates. Financial terms of the transaction were not disclosed.