Strategic Initiative

Slingshot members are tracking this corporate initiative:

X-Chem and AbbVie Enter into Multi-Target Drug Discovery Partnership

Do you think this event is important to the companies below? How will it affect their stock price?

Related Companies
High Medium Low
Impact on Stocks



Additional Information

Additional Relevant Details Under the terms of the agreement X-Chem will deploy its DNA-encoded library discovery platform for the identification of novel small-molecule inhibitors of both promising new targets as well as validated targets that have been historically challenging to address. AbbVie has an exclusive option to license active hits and leads generated in the course of the collaboration and is responsible for all further development and commercialization. Financial terms were not disclosed.
Slingshot Insights Explained
Strategic Initiative Date
Announcement Date:
Jul 26, 2016
Projected Implementation:
Q3, 2016
Relevance Tracked Until:
Q4, 2016
Related Projects Image
  • Don’t see a project related to the strategic initiative you care about?

Related Keywords Multi-target Drug Discovery Partnership