Drug discovery and development
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Charles River Stock May Gain From Extended CHDI Research Deal on HD
ZACKS· 2025-06-02 13:16
Core Insights - Charles River Laboratories International, Inc. (CRL) has extended its drug discovery partnership with CHDI Foundation, Inc. into the foreseeable future, originally established in 2005 to accelerate therapeutic development for Huntington's disease (HD) [1][2] Company Overview - The partnership extension marks the 20th anniversary of collaboration, enhancing flexibility across Charles River's global scientific network and integration into CHDI's programs [2][8] - Charles River has a market capitalization of $6.66 billion and an earnings yield of 7.09%, outperforming the industry average of 4.02% [4] Partnership Significance - The collaboration has led to the development of novel drug targets, validated translational research animal models, and proof-of-concept molecules, resulting in 15 patent applications [5][8] - The partnership facilitates research within the broader HD drug discovery community, which now includes over 50 pharmaceutical and biotech companies [5][8] Market Trends - The HD treatment market was valued at $500 million in 2024 and is projected to grow at a compound annual growth rate of 23.8% through 2030, driven by the disease's progressive nature and significant geographic prevalence variations [10] Stock Performance - Following the announcement of the partnership extension, CRL shares rose by 1.1%, closing at $137.70 [3] - In the past six months, CRL shares have declined by 31.9%, compared to an 11.8% decline in the industry [12]
Inotiv, Inc. to Present at Jefferies Global Healthcare Conference 2025
Globenewswire· 2025-05-22 20:05
Company Overview - Inotiv, Inc. is a leading contract research organization specializing in nonclinical and analytical drug discovery and development services, as well as research models and related products [3] - The company's focus is on enhancing efficiency, improving data quality, and reducing costs associated with bringing new drugs and medical devices to market [3] - Inotiv aims to support discovery and development objectives while contributing to a healthier and safer world [3] Upcoming Event - Robert Leasure Jr., President and CEO of Inotiv, will present at the Jefferies Global Healthcare Conference in New York on June 4 at 3:45 p.m. ET [1] - The live webcast of the presentation will be available in the "Investors" section of Inotiv's website and will be archived for approximately 90 days [2]
Zealand Pharma appoints Utpal Singh as Chief Scientific Officer to drive next-generation peptide therapeutics discovery
Globenewswire· 2025-04-23 13:00
Core Viewpoint - Zealand Pharma has appointed Utpal Singh as Chief Scientific Officer to enhance its peptide therapeutics discovery efforts, aiming to lead in obesity management and related complications [2][8]. Company Overview - Zealand Pharma A/S is a biotechnology company focused on innovative peptide-based medicines, with over 10 drug candidates advancing into clinical development, including two that have reached the market [5][6]. - The company has established development and commercial partnerships with various pharmaceutical companies [5]. Leadership Appointment - Utpal Singh brings nearly 25 years of pharmaceutical experience, previously serving as Senior Vice President of Small Molecule Discovery at Eli Lilly, where he led significant advancements in drug discovery [3][4]. - His role will involve leading discovery research and translational sciences, with a focus on integrating data science and machine learning into the drug discovery process [4][8]. Strategic Goals - The company aims to expand its peptide discovery capabilities to support innovative therapies, particularly targeting obesity and related health issues [4][8]. - Singh's leadership is expected to strengthen the foundation for growth and drive the development of life-changing medicines [4][8].
Cassava Announces Retirement of Chief Medical Officer, Dr. Jim Kupiec, and Appointment of Dr. Jack Moore as Senior Vice President, Clinical Development
Newsfilter· 2025-04-21 20:30
Core Viewpoint - Cassava Sciences, Inc. announces the retirement of Chief Medical Officer James W. Kupiec, MD, effective May 9, 2025, and the appointment of Jack Moore, PhD, as Senior Vice President of Clinical Development, effective April 28, 2025, to advance the clinical evaluation of simufilam for CNS disorders, including TSC-related epilepsy [1][3][8] Company Leadership Changes - James W. Kupiec, MD, retires after a notable career in Alzheimer's disease drug development, contributing to high-quality clinical trials at Cassava [2] - Jack Moore, PhD, brings extensive experience in CNS drug development and will focus on advancing simufilam in new indications [3][4] Clinical Development Focus - Dr. Moore will be responsible for the clinical evaluation of simufilam, targeting TSC-related epilepsy and exploring additional applications [3][5] - The company aims to identify potential clinical collaborators and study sites as part of its strategy for the TSC program [4] Background of Jack Moore - Jack Moore has a strong background in biopharmaceuticals, with experience in CNS and neurodegenerative diseases, having held leadership roles at major pharmaceutical companies [6] - He holds a PhD in Neuroscience and has a history of engaging with key opinion leaders and patient advocacy groups [7] Company Overview - Cassava Sciences, Inc. is a clinical-stage biotechnology company focused on developing investigational treatments for CNS disorders, including simufilam, which targets the filamin A protein [8]