Search jobs ALSA Ventures Launches Promatix to Develop Next Generation Novel Oncology Therapeutics
LONDON (BUSINESS WIRE) ALSA Ventures today announced the launch of Promatix Inc., a Delaware incorporated company, to develop novel therapeutics with the potential to transform the treatment of cancer. Promatix will use its multi-omic proprietary database, TxPro, to mine for novel, and validate existing, drug targets.
“As we mark off the 20
th anniversary of drafting the human genome, it’s clear we’re still in the early innings of a revolution in molecular biology. Taking a multi-omic approach to novel drug discovery, aided by advances in AI technology, Promatix will take a highly focused, data driven approach, to hunt for novel targets in oncology indications of unmet need,” said Alek Safarian, Executive Chairman of Promatix.