4:00PM Array Biopharma and Global Blood Therapeutics announce drug discovery collaboration focused on hematology (ARRY) 4.37 +0.07 : Co announced a multi-target drug discovery collaboration agreement to identify small molecule lead compounds targeting chronic blood-based diseases. Array will develop assays and screen its proprietary lead generation library of 300,000 small molecules to identify both active site and allosteric modulators of certain Global Blood targets. Array's library will allow for rapid hit confirmation and subsequent lead optimization.
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