Article: Chiron and Pharmacia & Upjohn to Collaborate On Small Molecule Inhibitors of Hepatitis C Virus

EMERYVILLE, Calif. and LONDON, Feb. 2 /PRNewswire/ -- Chiron Corporation (Nasdaq: CHIR) and Pharmacia & Upjohn (NYSE: PNU) announced today the formation of a strategic collaboration to identify small molecule inhibitors of the hepatitis C virus (HCV). This collaboration will combine Chiron's HCV virology, protein expression, high throughput assay development and combinatorial chemistry capabilities with Pharmacia & Upjohn's structural biology, medicinal chemistry and pre-clinical expertise.

Under the agreement, Pharmacia & Upjohn will pay Chiron an up-front payment and the parties will contribute equal resources and funding for the research, pre-clinical, ...

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