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Allied Minds Joint Venture Signs Deal With New York University

Wed, 16th Mar 2016 07:36

LONDON (Alliance News) - FTSE 250-listed investment company Allied Minds PLC on Wednesday said Allied-Bristol Life Sciences LLC, its joint venture with US drugs company Bristol-Myers Squibb Co, has signed a collaboration with New York University.

Allied-Bristol has launched ißeCa Therapeutics to licence proprietary compounds from the NYU School of Medicine which will target the Wnt pathway. The Wnt pathway plays a key role in the development and progression of a number of cancers.

The agreement is the third in a series of discovery and development projects Allied-Bristol is pursuing, it said.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2016 Alliance News Limited. All Rights Reserved.

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