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Tetra Pharm Technologies and Kvantify will Develop Drugs for the Endocannabinoid System

Tetra Pharm Technologies and Kvantify, both Copenhagen-based companies, are partnering to revolutionize drug discovery targeting the endocannabinoid system (ECS). This alliance aims to accelerate drug development, expand Tetra Pharm’s pipeline, and utilize Kvantify’s quantum software to screen molecular combinations. This collaboration could significantly advance therapeutic options and innovate ECS drug discovery.

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Biopharmaceutical and quantum computing, an alliance with potential. Tetra Pharm Technologies, a Danish biopharmaceutical company created in 2018, and Kvantify, a company that offers quantum software services also established in Copenhagen, have announced their intention to partner to “revolutionize drug discovery.”

This partnership could transform the landscape of drug discovery targeting the endocannabinoid system (ECS), which could lead, according to the statement signed by the two companies, to significant advances in therapeutic options for patients.

Tetra Pharm Technologies CEO Martin Rose said: “ This partnership will accelerate our drug development process and significantly expand our pipeline of drug candidates in 2024.”

The duo intends to delve deeper into the complexities of endocannabinoid receptors and their interactions with potential drugs. According to the aforementioned statement, Tetra Pharm Technologies currently has eleven drug candidates in the development phase, “each targeting specific receptors with different modes of action,” and more candidates on the way.

Partnership betweeen Tetra Pharm Technologies and Kvantify could transform the landscape of drug discovery targeting the endocannabinoid system

The pharmaceutical company’s scientific director, Morten Allesø, indicated that, with Kvantify, Tetra Pharm Technologies will be able to “perform much broader screening and more effectively identify the key structural attributes of our drug candidates to guide our in vitro cellular pharmacology.”

The statement explains that the collaboration between the companies includes a screening of almost a thousand molecular combinations suspected of acting as ligands for endocannabinoid receptors , which “is carried out using Kvantify’s CNS module, which provides Tetra Pharm Technologies with additional information about the propensity for penetration of the blood-brain barrier.”

Kvantify’s director of strategic alliances, Nils Anton Berglund, highlights that “ The ECS has been underutilized in drug discovery and represents a huge opportunity for innovation.” The company’s CEO, Hans Henrik Knudsen, added: “The combination of Tetra Pharm Technologies’ novel drug delivery technology with Kvantify’s computational drug discovery platform constitutes a very exciting synergy that will facilitate faster development and effective of new drugs.

Tetra Pharm Technologies is a Danish biopharmaceutical company created in 2018 with the mission of researching and developing drugs for the treatment of ECS-related diseases.

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First published in PlantaDoce. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.