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Argenta Discovery, Genentech Expand Drug Discovery Pact
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| March 1, 2007--Argenta
Discovery and Genentech have expanded an existing drug
discovery agreement to add a second two-year drug
discovery collaboration project. Under the terms of the
existing agreement, first announced in December 2005,
scientists from the two companies will use Argenta's
expertise in computer-aided drug design, medicinal
chemistry, and biology to discover new chemical entities
acting against a second undisclosed drug target defined by
Genentech. Financial terms of the collaboration have not
been disclosed. Argenta
Discovery
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