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Almac and Beactica sing drug discovery agreement

Almac Discovery, an independent member of the Almac Group, has selected Beactica for drug discovery platform.

Under the agreement, Beactica will use its drug discovery platform, Sprint, to identify high-quality fragment hits against a number of undisclosed targets of therapeutic interest to Almac Discovery.

Beactica CEO Per Kallblad said that they have selected Beactica’s platform to identify high-quality medicinal chemistry starting points for a number of their prioritised programs.

Financial terms of the agreement were not disclosed.