Lilly/Magnet Molecular Glue Alliance Aims For Induced Proximity

While numerous recent pharma/biotech partnerships have focused on molecular glue degradation, Lilly is teaming with Magnet on molecular glue therapeutics that bring proteins together.

Lilly/Magnet deal will focus on novel approaches to protein-protein interactions (Shutterstock)

AbbVie, Biogen, Pfizer and Novartis have each signed collaborations with biotechs centered on molecular glue degradation in fields such as cancer, immunology and neurology in just the past five months, but the pact that Lilly and Magnet Biomedicine announced on 28 February will focus on developing molecular glue therapeutics that induce proximity between two proteins to yield a therapeutic benefit.

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