Israel Seed
News


Cooperation Between Genome Therapeutics of US, Compugen of Israel to Develop New Generation of Drugs
By Ella Jacoby

From Israel's Business Arena - Globes

April 3, 2000
Israeli company Compugen has signed a cooperation agreement with Nasdaq-listed Genome Therapeutics (GENE). Under the agreement, Genome Therapeutics will market its PathoGenome database through Compugen's web site, which carries the company's LabOnWeb.com research engine.

The cooperation will allow scientists around the world access to information, including DNA sequence information on a large number of microbial and fungal disease factors. Scientists hope to utilize the information in order to understand the mechanisms by which these organisms protect themselves from antibiotics. The knowledge gained will be used to develop a new generation of drugs.

Genome Therapeutics is a US company, with a market value of $1 billion, which identifies and classifies genes. The company identifies and classifies human disease-linked genes and investigates microbial genes in order to develop new drugs.

Compugen is an Israeli company that combines computing technology with experimental research. The company markets its technology platform to pharmaceutical companies and provides sophisticated scientific services to the international scientific community through the Internet.

Published by Israel's Business Arena on April 3, 2000

Back to list of news

Menu