BioCentury
ARTICLE | Company News

Cubist, Pfizer deal

January 15, 1996 8:00 AM UTC

The companies will develop antimicrobial agents with activity against drug-resistant pathogens. Pfizer will use its chemical library and high throughput screening to identify lead compounds that inhibit aminoacyl-tRNA synthetases that are not inhibited by existing antibiotic agents. Cubist will provide biomolecular targets and assay systems.

Pfizer will fund research at Cubist, and will have the option to make an equity investment. Cubist also will receive an undisclosed upfront technology access fee, milestone payments and royalties. ...