Strand Genomics partners with Syngene for molecular libraries
R Baby Manoj - Bangalore
Having proven its mettle in the bio-research arena with a number of products
led by its flagship micro-array and data analysis tool, Avadis (access, visualise,
analysis, discover), the city-based leading genomics company, Strand Genomics,
has now entered into the field of cheminformatics.
Dr Vijay Chandru, chairman and CEO of Strand Genomics said that the company
has entered into a partnership with Syngene, Biocons Custom Research Company
(CRC) in the field of synthetic chemistry and molecular biology.
In cheminformatics, Strand has started developing predictive models by leveraging
its Avadis platform. Dr Chandru is of the view that since US Food and Drug Administration
(FDA) has also approved the use of microarray as a standard practice, in the
coming days,the acceptance of data-mining tools is likely to go up tremendously.
Unlike research biology, where a large volume of data is available in the public
domain free of cost, cheminformatics is interesting as well as rewarding, even
though challenging, as marketing a productbecomes easier.
While research biology leads to defining the target, cheminformatics
helps in searching for the drug, making the business proposition more attractive.
This is so because companies are always looking at ways of improving chances
of discovering a good molecule. The Avadis platform, used in cheminformatics,
will be three to five times more remunerative than if it were used in research
biology, Dr Chandru says.
However, he feels that building sales cycles for cheminformatics products will
be more time consuming. As per the partnership, Syngene will be synthesising
target focused libraries being developed by Strand. These libraries
would be differentiated by the use of predictive models of drug-like properties
of smallmolecules at the design stage, he indicates.
A library based on the target, GSK-3-Betawill be synthesised by
Syngene and marketed to clients working on Type II diabetes and perhaps for
Alzheimers disease.
Dr Chandru said that the company is in talks with a number of players in the
synthetic chemistry segment for potential parntership. These include, Procitius
Research of Sanmar group, GVK, and Sai Life Sciences. The company has also ventured
into consultancy practice. In this segment, we will be building
customised models localised to the requirements of the pharmaceutical companies,
he said.
In the area of cardio-toxicity studies, truTox recently launched by Strand (in
SanDiego in January) is a model with great potential, says Chandru. It
is an in-silico hERG channel binding predictor. If a structure in any standard
format like SDF/MOL/MOL2 or SMILES is submitted into truTox, its built-in modules
will optimise the structure and add hydrogens if required. The descriptor generator
in truTox will then compute around 1050 descriptors for the compound and then,
send it to the hERG model, thus making a final prediction for hERG binding possible,
he says.
- Scouts for marketing partners in European
market
- In talks with a very large group in North
America
- Achieved break even, to report profits by
year-end
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Having authored a successful partnership with Medibic of Japan, Strand is
in talks with a very large company in the North America for strategic partnership.
Refusing to divulge further details, Chandru said. It is a very
large company. We have already signed agreements towards finalising the partnership,
he added. The company has achieved break-even and will report profit by the
year end, Dr Chandru informed. He has also informed that the company is looking
for partners to market their products in the European market.
We have plans to add another 20 members to our team. At present
about half of our team have PhDs, he said elaborating on strengthening
the companys size. The company that derives its revenue from perpetual
licences and upgrade fees, has already 150 licences in its kitty for Avadis
alone.
The current market of molecular libraries is dominated by Russia and East European
countries, mainly because of their expertise in mathematics and chemistry,
Dr Chandru informs. Still he foresees a bright future for Indian companies too
in this competitive segment.
rbmanoj@expressindia.com
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