Munich, Germany, 31 July 2024 – Systasy Bioscience GmbH, a leading provider of innovative solutions for the discovery and development of new drugs, announced today the signing of a collaboration agreement with Ono Pharmaceutical Co., Ltd. (Ono) for identifying new therapeutic targets for neurological disorders.

Leveraging its expertise in pathway-based drug discovery, Systasy will work closely with Ono to apply its proprietary DNA barcoding technologies, pathwayPROFILER and targetFINDER, to identify and validate new therapeutic targets.

Under the terms of the agreement, Ono will have worldwide exclusive rights to develop and commercialize any pharmaceutical products that Ono will generate using identified therapeutic targets, disease models and assays from the collaboration. As part of the agreement, Systasy Bioscience will receive research fees and success-based milestone payments from Ono.

“We are excited to partner with Ono, a global leader in pharmaceutical innovation. This collaboration underscores our unique capabilities in uncovering signaling networks in patient-derived disease models using highly multiplexed pathway screens,” said Dr. Sven Wichert, CEO and co-founder of Systasy Bioscience GmbH. “With a deep insight into disease mechanisms, we are able to identify new targets, and ultimately find new treatment options for patients. We are committed to advance drug discovery and address the unmet medical need in complex mental disorders.”