Vipergen Collaborates with Anavo Therapeutics to Support Phosphatase-Targeted Discovery Programs

Vipergen, a leading supplier of small-molecule drug discovery services focused on DNA-encoded library (DEL) technologies, has signed a drug discovery service agreement with Anavo Therapeutics. Vipergen will use its patented high-fidelity DNA-encoded library (DEL) technology platforms to provide novel small-molecule drug leads against selected Anavo discovery targets, according to the terms of the agreement. The agreement's financial terms were not disclosed.

"Vipergen's novel solutions to DNA-encoded libraries are useful components for ramping up our patented drug development activities against a chosen portfolio of innovative goals," said Anavo CEO Birgit Zech, Ph.D. "We are excited to collaborate with Vipergen to kick-start Anavo's proprietary drug development activities as we strive to create a comprehensive and secure platform for phosphatase drug discovery against all valuable targets in the space."

"We are delighted to have been chosen by Anavo, a new company focusing on understanding the full therapeutic potential of human phosphatase biology in the development of new cancer therapies," said Nils Hansen, Ph.D., Chief Executive Officer of Vipergen. "Phosphatases are a rich target space that has been thought to be impenetrable for decades. We are excited to use our DNA-encoded library technology to quickly produce high-quality hits and leads as part of Anavo's comprehensive approach to finding and improving small-molecule phosphatase activity modulators."

About Vipergen ApS
Vipergen is the world's largest supplier of small-molecule drug discovery services focused on DNA-encoded library (DEL) technology, as well as the first and only organization capable of screening DELs within a living cell. Vipergen's patented portfolio of cutting-edge DEL technologies is made accessible by funded discovery collaborations with leading pharmaceutical and biotechnology firms, including top pharmaceutical companies in the United States, Europe, and Japan.