- Melior Discovery
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Melior Discovery, Inc. is a private biopharmaceutical company based in Exton, Pennsylvania, USA. The company specializes in drug repositioning and has established a technology it uses for this purpose. According to the company’s website, Melior also offers certain contract research organization (CRO) services comprising animal models representing different disease conditions. The Company has issued press releases disclosing partnerships with Pfizer, Merck & Co., Johnson & Johnson and AstraZeneca, all citing the use of the company’s drug repositioning technology. Melior Discovery has also used its technology to discover its own drug candidates. In March 2009 the Food and Drug Administration (FDA) approved the company’s Investigational New Drug (IND) application for a type 2 diabetes therapeutic candidate[1].
Company Information Type Private Founded 2005 Industry Biotechnology Services Biotechnology, contract research organization Website www.meliordiscovery.com History
Melior Discovery was co-founded in 2005 by Dr Andrew Reaume (President and CEO) and Dr. Michael Saporito (Vice President of Research) [2]. Its investors include Cammeby’s Capital Group, VenturEast, Osage Ventures, Mid-Atlantic Angel Group, and BioAdvance[3].
References
- http://business.highbeam.com/436214/article-1G1-199685473/fda-also-approved-melior-discovery-ind-application
- http://www.ngpharma.eu.com/article/A-new-model-for-drug-discovery
- http://www.sec.gov/cgi-bin/browse-edgar?company=Melior+Discovery&match=&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
External links
1. Melior Discovery Website
2. Melior Discovery- Company Profile
3. GEN Article: "Repositioning Idle Drugs via Systematic Serendipity"
4. NGP Article: "Teaching an old drug new tricks…"Categories:- Pharmaceutical companies of the United States
- Companies established in 2005
- Companies based in Philadelphia, Pennsylvania
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