New Alliance, Bridge Bio And HitGen Target Cancer Treatments
Bridge Biotherapeutics partners with HitGen to accelerate development of novel anticancer therapies.
Breaking News
Aug 23, 2024
Simantini Singh Deo
Bridge Biotherapeutics, a biotechnology firm in the clinical
stage, has entered into a strategic partnership with HitGen Inc., a prominent
drug discovery company in China, to fast-track the development of new
anticancer drugs. This collaboration builds on the success of initial hit
identification using HitGen's DNA-encoded library (DEL) technology.
As Bridge Biotherapeutics seeks to broaden its oncology
portfolio—currently centered on EGFR inhibitors for lung cancer—the company is
exploring new drug targets in the fight against cancer. Significant resources
have been allocated to advancing analytical methods aimed at discovering
anticancer drugs with broad-spectrum efficacy. The partnership with HitGen is
anticipated to accelerate the process of identifying, optimizing, and advancing
lead compounds within the upcoming year.
HitGen's DEL platform, with its vast library of over 1.2
trillion small molecules, has demonstrated remarkable efficiency in drug
discovery projects across the globe. The company's expertise spans DEL,
synthetic therapeutic oligonucleotides (STO), targeted protein degradation
(TPD), fragment-based drug discovery, and structure-based drug design,
solidifying its position as a leader in the industry.
James Lee, CEO of Bridge Biotherapeutics mentioned, "By
collaborating with HitGen, we will accelerate the discovery of new targeted
anticancer drugs." He added, "We will challenge ourselves to develop
drugs that can provide anticancer treatment effects even for genetically
mutated cancers, which have been difficult to develop until now."
" We are pleased to collaborate with Bridge
Biotherapeutics team in generating novel drug candidates based on the screening
platform we possess. We will contribute to the acceleration of new anticancer
drug discovery based on the expertise of both companies,” stated Dr. Jin Li,
Chairman of the Board and CEO of HitGen Inc., expressed
Bridge Biotherapeutics is in the midst of a Phase 1 clinical
trial for BBT-207, its leading drug candidate for treating non-small cell lung
cancer. The collaboration with HitGen represents a major advancement in the
company's mission to enhance its oncology portfolio and bring cutting-edge
therapies to cancer patients.