Under the terms of this agreement, the collaboration will enable Daewoong Pharma to leverage Salipro Biotech´s expertise and proprietary platform to advance their drug discovery efforts in the development of novel therapeutic small molecules against a challenging membrane protein drug target.

“We are excited to join forces with Daewoong Pharmaceutical and contribute with our proprietary Salipro platform to accelerate the development of novel therapeutic drugs for Daewoong Pharmaceutical’s pipeline”, says Jens Frauenfeld, CEO of Salipro Biotech. “This partnership is particularly significant as it marks our first collaboration with a partner in South Korea, underscoring the global application and versatility of our expertise and platform to make the undruggable druggable.”