Nonsan, Republic of Korea, and Kyiv, Ukraine - 4 September 2024
FarmHannong, a leading company in the Korean agricultural industry, and Enamine Ltd, the world’s premier provider of chemical building blocks, screening compounds, and integrated discovery chemistry services, have announced the start of their collaboration.
The Parties agreed to make efforts to strengthen FarmHannong’s crop protection discovery pipeline. Such efforts will be supported by Enamine’s expertise in chemical synthesis in addition to the existing stock, allowing for rapid and cost-efficient development of lead compounds. This collaboration will focus on hit discovery, hit-to-lead, and lead optimization initiatives carried by FarmHannong and facilitated by Enamine.
Enamine will provide FarmHannong access to its vast screening compound databases including the largest commercially available and the most reputable 4,4 million in-stock screening collection and make-on-demand collection (Enamine REAL) of 48 billion compounds. Enamine will solely support an optimal procurement process and fast compound synthesis and supply. FarmHannong will guide design and biological evaluation of discovery molecules.
Dr. Iaroslava Kos, Director of Business Development at Enamine commented: We are excited to begin our collaboration with FarmHannong and achieve our mutual goals more effectively. We also expect that with our help FarmHannong will deliver new products to the market faster. This collaboration is another move in the strategic expansion of Enamine’s presence in the Korean market.
Our collaboration with Enamine will ensure procurement of bioactive compounds in a timely manner, which allows us to allocate our resources more effectively and accelerate FarmHannong’s R&D planning
said Dr. Kyung Myung, Head of New Agrochemicals Research Institute at FarmHannong.