Customisation of our 3D drug-discovery software to the pharmaceutical sector: product analysis and development

Lead Research Organisation: University of Manchester
Department Name: Life Sciences

Abstract

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Publications

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Description Project was successful and the outputs were successfully used to spin-out C4XDiscovery Ltd now a company listed on the London stock exchange.
Exploitation Route Project was successful and the outputs were successfully used to spin-out C4XDiscovery Ltd now a company listed on the London stock exchange.
Sectors Pharmaceuticals and Medical Biotechnology

URL http://www.c4xdiscovery.com/
 
Description The technology that was developed from this research was transferred to C4XDiscovery and is used in every commercial project that the company engages in. In 2014 C4XDiscovery announced new collaboration deals with Takeda Pharmaceuticals and Evotec AG. Furthermore, the company published further positive data and announced a patent filing for its selective OX-1 inhibitor programme for stress-related addictive disorders. On the basis of these positive corporate results, and to maintain investment in C4XDiscovery's programmes, the company successfully floated on the London Stock Exchange in an Oct 2014 IPO, valuing the company at £31m.
First Year Of Impact 2014
Sector Pharmaceuticals and Medical Biotechnology
Impact Types Economic

 
Company Name C4X Discovery 
Description C4X Discovery (Previously trading as Conformetrix) develops a drug discovery system, that aims to screen small molecule pharmaceutical candidates for the treatment of inflammation, cancers and neurological conditions. 
Year Established 2014 
Impact C4X Discovery operates a hybrid business model of a wholly owned pipeline of discovery programmes plus partnerships with global and international companies, from top 10 pharma through to biotech. The Company is partnered with the Structural Genomic Consortium to assist with the identification and validation of new drug targets and has several active research collaborations with academic institutions. By 2012 Conformetrix disclosed its first collaborative deal with AstraZeneca. Mike Snowden, Vice President and Head of Discovery Sciences, AstraZeneca, said at the time: "We are excited to be working with Conformetrix. We believe their technology will provide a powerful addition to our hit identification and lead optimization approaches, supporting our strategic objectives to improve the quality and choice of candidate compounds for our early pipeline." In addition to an undisclosed upfront payment, Conformetrix received research funding and was eligible for milestones as certain targets are met. At the end of 2012 Conformetrix announced that it had used its technology to generate a series of potent orexin (OX-1) antagonists, with plans to progress to drug leads. Orexin is a neurotransmitter believed to play a role in a broad range of behavioral conditions, from sleep disorders to addiction. In 2013 Conformetrix was rebranded to C4XDiscovery Ltd and in the same year announced how its proprietary NMR-based technology could be used to solve the dynamic solution-structure of a small molecule antagonist of the Class B GPCR corticotropin-releasing factor receptor (CRF-1R) in just seven days. In 2014 C4XDiscovery announced new collaboration deals with Takeda Pharmaceuticals and Evotec AG. Furthermore, the company published further positive data and announced a patent filing for its selective OX-1 inhibitor programme for stress-related addictive disorders. On the basis of these positive corporate results, and to maintain investment in C4XDiscovery's programmes, the company successfully floated on the London Stock Exchange in an Oct 2014 IPO, valuing the company at £31m. Further announcements since then: 2014. Renewed collaboration with Evotec AG, including co-development of selective OX-1 inhibitors. 2015. Selection of drug candidate from OX-1 programme to enter pre-clinical development. New collaboration with Structural Genomics Consortium at Oxford University. Small molecule leads against IL-17 for inflammation and autoimmune diseases. Breakthrough compounds for diabetes and inflammation. 2016. Appointment of Clive Dix as Chief Executive Officer. Acquisition of Adorial Limited (a genetic analysis company). Acquisition of MolPlex Limited (drug-discovery technologies). Further £5m fundraise. New strategic multi-target, risk-sharing alliance with Evotec AG.
Website http://www.c4xdiscovery.com/