MAY 2023

InterAx Biotech to Apply its Leading AI and Cell Signalling Technology to Support Target Validation for a Sosei Heptares GPCR Discovery Program.

Villigen, Switzerland, 9th May 2023

InterAx Biotech, a Swiss drug discovery company, announces it has entered into an R&D agreement with Sosei Heptares to apply its integrated AI and cell signalling technology to a challenging G protein-coupled receptor (GPCR) target associated with inflammatory diseases.

InterAx will leverage its unique discovery platform and deep understanding of GPCR pharmacology to quantify the complex details of GPCR signalling. The objective is to generate evidence to support an informed understanding of this GPCR as a potential new target for therapeutic intervention and to inform a future Sosei Heptares structure-based drug design program.

Aurélien Rizk, co-founder and CSO of InterAx Biotech, said: “Our work with Sosei Heptares is important for InterAx and validates the power of our technology to provide informative outputs in cell signaling, which can be applied to drug discovery. We believe that the identification of drug leads with highly specific biological responses is key to reducing risk and timelines associated with drug development. We are excited to apply our technology on a GPCR target and disease with an unmet medical need where the pathogenesis of the disease is not well understood. This will open new avenues for providing patients with greater opportunities for both effective and safe treatments.”

Alastair Brown, SVP Translational Medicine at Sosei Heptares, said: “Quantitative pharmacology forms an important part of our approach to understand detailed mechanism of action, identify biomarkers and validate new targets. We have been very impressed by InterAx’s innovative technology to decipher the complex language of cellular signalling with respect to GPCRs. We look forward to seeing what novel insights for drug discovery are generated and how these might increase our understanding of the complex biology on this potential new target.”

About InterAx Biotech AG
The company, a spin-out of ETH Zurich and the Paul Scherrer Institute, Switzerland, uses high throughput biochemical screening of compounds integrated into an artificial intelligence and cell pathways mathematical modeling process. This platform unlocks previously intractable targets, shortens timelines for drug discovery from years to months and reduces risks. The company focuses on the generation and optimization of drugs which trigger a specific and well characterized effect on signaling pathways, thus leading to higher therapeutic efficacy and reduced risk of toxicity. The company is specialized in G Protein-Coupled Receptor (GPCR) drug discovery and covers hit-generation, hit-to-lead and lead optimization for all targets including orphan GPCRs. InterAx has a highly experienced and dedicated team of scientists specialized in AI, mathematical models of signaling pathways, cellular pharmacology and computational chemistry. The company is currently funded by lead institutional investors and a grant from the EU commission and is preparing for the next round of financing to grow its capabilities and advance lead drug candidates.


For more information, please visit www.interaxbiotech.com and follow us on LinkedIn @InterAx Biotech

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JAN 2023

InterAx Biotech announces the appointment of seasoned pharmaceutical executive, Dr. Christopher Prior, as CEO and reports recent drug discovery highlights.

Zürich, Switzerland – January 24, 2023

InterAx Biotech AG, a product development company pioneering computational pharmacology for drug discovery, announces the appointment of Dr. Christopher Prior as Chief Executive Officer. In his new role, Dr. Prior will be responsible for leading the company into its next stage of development and global expansion.

Dr. Christopher Prior is a highly accomplished serial entrepreneur who has built numerous biotechnology companies creating extensive value for the investors and stakeholders. Over the course of his 30+ year career, he has generated more than 25 Investigational New Drugs (INDs) and achieved four product approvals. In addition, he founded, built and sold two companies (Principia, BioRexis) in deal value exceeding $550M. More recently, Dr. Prior successfully took a company public and significantly increased shareholder value by achieving milestones on time and on budget. Dr. Prior has held senior management positions all in product development at Aventis (now Sanofi), Pfizer, Human Genome Sciences (now GSK) and Biogen. Dr. Prior received a B.Sc. (honors) in chemistry from the University of London, a Ph.D. in biochemistry from Columbia University in New York City and a research fellowship at The Rockefeller Medical Institute.

“InterAx has a unique biosystems approach integrated into artificial intelligence (AI) to decipher cellular response and create novel drugs with high efficacy and safety. I am impressed with the advances the company has made in unlocking new drug targets with improved pharmacology”, Dr. Prior noted. “Developing small orally available cost-effective molecules with same functional effect as peptides, proteins and monoclonal antibodies requiring frequent injections is nothing short of a huge game changer”, added Dr. Prior.

“We are delighted to have Dr. Prior join our team, especially at a time when our platform has discovered a unique chemokine receptor interaction being evaluated in vivo to treat a highly aggressive and difficult to treat form of breast cancer. This validation will take the company into its next stage of development. To our knowledge, no other AI approach to drug discovery addresses both cellular signaling and drug-target interaction, a critical link needed for effective drug discovery. Dr. Prior’s experience in product development and business operations provides a perfect fit with our innovative team of cell biologists and computational scientists”, noted Dr. Aurélien Rizk, InterAx CSO and Co-Founder.

 

InterAx Biotech AG

The company, a spin-out of ETH Zurich and the Paul Scherrer Institute, Switzerland, uses high throughput biochemical screening of compounds integrated into an artificial intelligence and cell pathways mathematical modeling process. This platform unlocks previously intractable targets, shortens timelines for drug discovery from years to months and reduces risks. The company focuses on the generation and optimization of drugs which trigger a specific and well characterized effect on signaling pathways, thus leading to higher therapeutic efficacy and reduced risk of toxicity. The company is specialized in G Protein-Coupled Receptor (GPCR) drug discovery and covers hit-generation, hit-to-lead and lead optimization for all targets including orphan GPCRs. InterAx has a highly experienced and dedicated team of scientists specialized in AI, mathematical models of signaling pathways, cellular pharmacology and computational chemistry. The company is currently funded by lead institutional investors and a grant from the EU commission and is preparing for the next round of financing to grow its capabilities and advance lead drug candidates.


For more information, please visit www.interaxbiotech.com and follow us on LinkedIn @InterAx Biotech

Printer friendly version.