Boehringer Ingelheim and Circuit Therapeutics announce new collaboration to discover novel medicines for obesity
OREANDA-NEWS. August 13, 2015. “Boehringer Ingelheim is excited about the potential of the optogenetics technology platform developed by Circuit and wants to carry on the success already achieved in the area of neurology into the area of metabolism,” said Dr Michel Pairet, Senior Corporate Vice President of Research and Non-clinical Development at Boehringer Ingelheim. He added, “This new technology may enable us to unravel the neurological circuits responsible for metabolic disorders down to individual neurons which could lead to the identification of new targets and subsequently new treatments in line with our corporate vision of improving patients’ lives.”
“We are excited to extend our partnership with Boehringer Ingelheim and utilize Circuit’s technological capabilities to advance drug discovery in yet another therapeutic area. The success of our first collaboration is founded in Boehringer Ingelheim’s unique partnering approach and its outstanding internal drug discovery capabilities. Together we aspire to establish a foundation for the development of transformational drugs to impact patients’ lives,” said Fred Moll, Chairman of Circuit Therapeutics.
About Boehringer Ingelheim
The Boehringer Ingelheim group is one of the world’s 20 leading pharmaceutical companies. Headquartered in Ingelheim, Germany, Boehringer Ingelheim operates globally with 146 affiliates and a total of more than 47,700 employees. The focus of the family-owned company, founded in 1885, is researching, developing, manufacturing and marketing new medications of high therapeutic value for human and veterinary medicine.
Social responsibility is an important element of the corporate culture at Boehringer Ingelheim. This includes worldwide involvement in social projects, such as the initiative “Making more Health” and caring for the employees. Respect, equal opportunities and reconciling career and family form the foundation of the mutual cooperation. In everything it does, the company focuses on environmental protection and sustainability.
In 2014, Boehringer Ingelheim achieved net sales of about 13.3 billion euros. R&D expenditure corresponds to 19.9 per cent of its net sales.
For more information please visit www.boehringer-ingelheim.com
About Circuit Therapeutics
Circuit Therapeutics is the world leader in optogenetics—a transformational technology that gives researchers and clinicians the ability to control neural activity with light. Optogenetics enables unparalleled specificity and temporal control of neural circuits, and has allowed Circuit to create an unrivaled platform for discovery and validation of novel drug targets. Founded by Karl Deisseroth, Rob Malenka, Scott Delp, Thomas Sudhof, Anatol Kreitzer, and Karoly Nikolich, Circuit Therapeutics is based in Menlo Park, California.
For more information, please visit www.circuittx.com, or contact JD Vance at jdvance@circuittx.com.
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