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Eurofins Discovery Announces Collaboration with Escient Pharmaceuticals

SAN DIEGO, Oct. 28, 2019 /PRNewswire/ -- Eurofins Discovery, the leading provider of services and products to the drug discovery industry, announced a collaboration with Escient Pharmaceuticals. Eurofins Discovery has successfully collaborated with clients in integrated drug discovery programs and has a strong record of accomplishment of preclinical candidate delivery. The integrated services are marketed under the brand name of DiscoveryOne™.

Escient recently launched in San Diego with $40 million in Series A financing and is leveraging Eurofins' expertise in assay development and GPCR drug discovery to identify novel therapeutics targeting Mas-Related G-Protein Receptors (Mrgpr). Under the terms of the ongoing collaboration, Eurofins will support in vitro preclinical discovery efforts for Escient's programs by providing expertise and services.  "The preclinical discovery support required for Escient's novel drug targets plays well to Eurofins' expertise and capabilities and this collaboration will greatly expedite our discovery path," said Marcus F. Boehm Ph.D., Escient's Chief Scientific Officer.

"We are thrilled with the value that we can offer our clients," stated Christina Shasserre, Sr. VP of Eurofins Discovery. "We have been offering services for all phases of drug discovery and can now assemble this offering into an integrated service with program management staffed from experts in drug discovery, termed DiscoveryOne™.  This will provide our clients with the critical expertise to support their delivery of a preclinical candidate."

For further information
www.eurofinsdiscoveryservices.com
www.eurofins.com

About Eurofins Discovery
Eurofins Discovery, a business operating under the Eurofins BioPharma Services division, has supported Drug Discovery research for over 40 years. Eurofins is recognized as the industry leader for providing drug discovery researchers the largest and most diverse portfolio of standard and custom in vitro safety & pharmacology assays and panels for drug screening and profiling. In addition to in vitro safety pharmacology strengths, we also offer a broad portfolio of over 3500 drug discovery services and 1800 products. These include in vitro assays, cell-based phenotypic assays, safety pharmacology and efficacy, ADME toxicology, medicinal chemistry design, synthetic chemistry, and custom proteins and assay development capabilities. We support a variety of drug discovery targets such as GPCRs, Kinases, Ion Channels, Nuclear Hormone Receptors and other proteins & enzymes. The Eurofins Discovery capabilities, expertise, knowledge and skill sets enable the company to provide clients the benefit of being able to work with a single outsourcing provider (CRO) for all their drug discovery programs.

Notes for the editor:

Eurofins – a global leader in bio-analysis
Eurofins Scientific through its subsidiaries (hereinafter sometimes "Eurofins" or "the Group") is a scientific leader in food, environment, pharmaceutical and cosmetics products testing and in agroscience CRO services. It is also one of the global independent market leaders in certain testing and laboratory services for genomics, discovery pharmacology, forensics, CDMO, advanced material sciences and for supporting clinical studies. In addition, Eurofins is one of the leading global emerging players in specialty clinical diagnostic testing. With about 45,000 staff in more than 800 laboratories across 47 countries, Eurofins offers a portfolio of over 200,000 analytical methods for evaluating the safety, identity, composition, authenticity, origin and purity of biological substances and products, as well as for innovative clinical diagnostic. The Group objective is to provide its customers with high-quality services, accurate results on time and expert advice by its highly qualified staff.

Eurofins is committed to pursuing its dynamic growth strategy by expanding both its technology portfolio and its geographic reach. Through R&D and acquisitions, the Group draws on the latest developments in the field of biotechnology and analytical chemistry to offer its clients unique analytical solutions and the most comprehensive range of testing methods.

As one of the most innovative and quality oriented international players in its industry, Eurofins is ideally positioned to support its clients' increasingly stringent quality and safety standards and the expanding demands of regulatory authorities around the world.

The shares of Eurofins Scientific are listed on the Euronext Paris Stock Exchange (ISIN FR0000038259, Reuters EUFI.PA, Bloomberg ERF FP)

Important Disclaimer
This press release contains forward-looking statements and estimates that involve risks and uncertainties. The forward-looking statements and estimates contained herein represent the judgment of Eurofins Scientific's management as of the date of this release. These forward-looking statements are not guarantees for future performance, and the forward-looking events discussed in this release may not occur. Eurofins Scientific disclaims any intent or obligation to update any of these forward-looking statements and estimates. All statements and estimates are made based on the information available to the Company's management as of the date of publication, but no guarantee can be made as to their validity.

 

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SOURCE Eurofins Discovery