Nxera Pharma’s Post

Today we shared our financial results and operational activities for the second quarter and first half of 2024. In transitioning from Sosei Heptares to Nxera Pharma, we are united under a single identity with a clear purpose to become a leading technology driven biopharmaceutical company bringing new medicines to patients in Japan and globally. Read the full announcement here: https://lnkd.in/e65D3HGB #FinancialResults

Our CEO, Chris Cargill, attended the Drug Discovery Ecosystem Summit earlier this week which was held at Prime Minister Fumio Kishida's office in Tokyo. It was a great opportunity to directly address key members of the Japanese government and healthcare agencies on crucial ideas to stimulate the drug discovery ecosystem in Japan. We commend the Kishida government’s commitment to this important initiative. https://lnkd.in/g_PMy99e

Today is National Schizophrenia Awareness Day. Schizophrenia is a mental illness that affects millions of individuals worldwide. Neurological diseases and neuropsychiatric disorders such as schizophrenia are a key area of focus for Nxera. We are developing a number of potential treatments for schizophrenia that aim to improve outcomes and address the high unmet patient need. Read more about our pipeline here: https://lnkd.in/gq3d8arw Learn more about National Schizophrenia Awareness Day here: https://lnkd.in/gaEA7skn #SchizophreniaAwarenessDay #schizophrenia #GPR52 #Muscarinic

Our busy summer hosting work experience students is underway! The students will spend time across various departments to gain experience and learn more about the different areas of the business. From learning how to use computational chemistry for drug discovery, to understanding the role of legal and intellectual property, we hope to demonstrate the breadth of opportunities available in biotech and inspire the students for their future careers. Learn more: https://www.nxera.life/

We are pleased to announce that we have reached an important R&D milestone under our multi-target discovery collaboration with AbbVie targeting neurological diseases. This achievement is testament to the expertise and diligence of our platform technology team to deliver multiple stabilized GPCRs (NxStaRs) to support further structure-based drug design. Our history of collaborating with AbbVie demonstrates our highly productive working relationship and complementary capabilities, and we look forward to continuing the next stages of this project. Full PR Link: https://bit.ly/4cdDr3M #neurology #GPCR #SBDD #drugdesign

Celebrating acceptance, diversity and inclusivity at Nxera Pharma, where everyone is welcome to be their true authentic self 🌈 #PrideMonth #Authenticity #Diversity #Inclusivity #LGBTQIA

Our CEO, Chris Cargill, was a guest speaker on the latest BioCentury This Week podcast. Chris spoke to Jeff Cranmer and the team about the increased APAC presence at this year’s BIO conference, the evolving biotech ecosystem in Japan and how Nxera’s strategy allows innovative medicines to reach patients in Japan. Listen to the podcast here: https://lnkd.in/eC6P4wam BioCentury Inc.

We are pleased to share that we will receive $4.6 million in milestone payments from Centessa Pharmaceuticals following progress of Centessa’s novel orexin receptor 2 (OX2R) agonist, ORX750. The milestone was achieved with clearance of the ORX750 IND application and progression of ORX750 into a Phase 1 clinical trial. Read the full announcement here: https://lnkd.in/gN4E3erz

We have expanded our strategic R&D partnership with PrecisionLife into auto-immune disorders to identify novel targets for drug discovery. The partnership aims to establish new drug targets and subsequently potential precision targeted therapies for auto-immune disorders, each linked to subgroups of patients by PrecisionLife’s mechanism-based patient stratification biomarkers. Read more here: https://lnkd.in/eTuVbRxr