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Financing › Details

Nuvisan–Gates Foundation: grant, 202209– grant $9.6m for RnD on non-hormonal contraceptive medicines at Nuvisan ICB GmbH

 

Period Period 2022-09-20
Organisations Money taker Nuvisan ICB GmbH (Innovation Campus Berlin)
  Group Nuvisan (Group)
  Money source Bill and Melinda Gates Foundation
Products Product drug screening (HTS)
  Product 2 contraceptive, non-hormonal
     

Nuvisan ICB GmbH. (9/20/22). "Press Release: Nuvisan Receives US$ 9.6m Grant for a Multi-target Drug Discovery Program on Novel Non-hormonal Contraceptive Medicines". Berlin.

NUVISAN’s integrated drug discovery expertise leveraged in a grant from the Bill & Melinda Gates Foundation


NUVISAN ICB GmbH, a fully integrated contract research service provider for drug discovery and development (“NUVISAN ICB”), announced today that the company has received a grant from the Bill & Melinda Gates Foundation (Seattle, WA, USA, “the foundation”) for an integrated program on discovery and early development of novel non-hormonal contraceptive medicines.

NUVISAN has been awarded a three-year grant of US$ 9.6 million from the foundation to develop a portfolio of programs based on several promising human protein targets, establish tools and assays, perform high-throughput screening (HTS) of a library of up to 2.46 million compounds to identify chemical hits that are suitable for pharmacological intervention, and further optimize these hits to in vivo lead compounds during the hit-to-lead process.

“Addressing the unmet family planning and birth control needs of women and their families worldwide is a global challenge and an exciting motivation for us at NUVISAN”, according to Arnoud Huisman, Managing Director of NUVISAN ICB and Chief Strategy Officer of the NUVISAN group, “We appreciate the foundation’s trust and are delighted to contribute our scientists’ long-standing pharma expertise and our integrated drug discovery and development capabilities to this program, to eventually bring new non-hormonal contraceptive medicines to the clinic.”


About NUVISAN

The NUVISAN group is a Contract Research and Development & Manufacturing Organization (CRO/CDMO) with six sites in Germany and France. NUVISAN offers unique, high-quality, and tailored integrated solutions along the drug discovery and development value chain - from target to patient. Thanks to more than 40 years of experience and over 1,000 employees, NUVISAN supports its biotech startup, pharma, and venture capital partners to discover, develop, and bring the next generation medicines to market.

NUVISAN ICB GmbH (Innovation Campus Berlin) was acquired by NUVISAN as a fully functional pharma R&D unit in 2020. NUVISAN ICB brings decades of successful drug discovery and development expertise in a broad indication spectrum including women’s and men’s health, oncology, and cardiovascular diseases. With all capabilities located under one roof in Berlin, NUVISAN ICB provides end-to-end solutions from target identification to pre-clinical candidates and IND, covering protein technologies, structural biology, high-throughput screening, computational and medicinal chemistry, pharmacology, translational research, drug metabolism & pharmacokinetics as well as toxicology.

With a recent strategic investment from ALS Limited (ASX: ALQ), the NUVISAN group is today one of the fastest growing companies in the industry for the benefit of its partners and the patients they cure.

For more information, please visit www.nuvisan.com


Nuvisan media contact
Uyen.Nguyen@nuvisan.com

   
Record changed: 2022-09-23

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