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De Novo and Achaogen sign partnership agreement

De Novo Pharmaceuticals has entered into a drug discovery partnership agreement with Achaogen, whereby De Novo will apply its new molecular structure generating drug discovery platform targeting pathogenic bacteria.

Philip Dean, CSO at De Novo, said: “We are very pleased to be working with Achaogen – a leader in the fight against drug-resistant bacteria.”

Phillip Patten, senior vice president, added: “We are pleased to be working with De Novo to expand our lead optimization program, and to help us develop cutting-edge therapeutics that will speed us towards our goal of providing therapies to treat unmet clinical needs caused by multi-drug resistant bacterial infections.”

Financial terms of the agreement were not disclosed.