PYC 5.00% 19.0¢ pyc therapeutics limited

takeda , page-21

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    PERTH, AUSTRALIA AND CAMBRIDGE UK 9 March 2011 – Leading Australian drug discovery company Phylogica Ltd (ASX: PYC, XETRA: PH7) will partner with researchers from the University of Cambridge in a spin-off company to pursue a novel application of its Phylomer® peptides for discovery of disease-associated targets.

    Phylogica is receiving growing interest from prospective pharmaceutical partners in the use of Phylomer libraries for target discovery. Through the creation of Phenomica, the Company is capitalising on the opportunity to generate new revenue streams from phenotypicallydriven screening approaches - a major area of interest for large pharmaceutical companies.
 
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