ChemDiv and Carna Collaborate to Develop and Market Annotated Kinase Focused Library

Friday, March 31, 2006 Print

ChemDiv, Inc. and Carna Biosciences, Inc. have announced the signing of a collaboration agreement to form a partnership to develop and market annotated kinase focused libraries targeting kinases for various pathways and disease.

ChemDiv's proprietary chemistry is designed to permit small molecule drug development for such kinases while Carna's expertise in kinase assay development and profiling provides rapid screening results for an added annotated component to ChemDiv's kinase libraries.

"We are very excited about the possibility of rapidly targeting kinase proteins, that have been known to be involved in cancer and other serious diseases, as the focus of our collaboration," said Nikolay Savchuk, President & CEO of ChemDiv, Inc.

"Carna is able to expand our kinase focused products and services by forming the strategic alliance with ChemDiv," said Kohichiro Yoshino, President of Carna.

"Our proprietary technologies and know-how on assay development and screening and ChemDiv's proprietary technologies on kinase focused library development are so complementary that I am confident in the outcome of this collaboration."