Dana-Farber, Deerfield launching Center for Protein Degradation

Dana-Farber Cancer Institute and Deerfield Management partnered to create the Center for Protein Degradation, which will be led by Dana-Farber investigators and Harvard Medical School professors Nathanael Gray and Eric Fischer.

Located at Dana-Farber, the center will develop methods to discover and optimize small molecule degraders, and identify tractable targets. Deerfield will provide up to $80 million as well as operational and managerial support. The firm has entered multiple academic discovery deals over the past year (see "Deerfield Goes To School")...