|
| Friday, 28 June 2019, 08:00 HKT/SGT | |
| |  | |
Source: A*STAR | |
|
|
|
SINGAPORE, June 28, 2019 - (ACN Newswire) - The nation's drug development efforts have been given additional momentum with the introduction of two new platforms, and a grant scheme for drug discovery and development. These national platforms aim to bridge the 'valley of death' between basic science research and pharmaceutical enterprises. They will also serve to catalyse collaboration across industry, research institutes, academia, and the hospitals; as well as nurture a strong pool of scientific talent for Singapore's biomedical ecosystem.
 | | At the Launch Ceremony of Experimental Drug Development Centre. From left, Mr Lim Chuan Poh, Chairman, SFA; Mr Frederick Chew, CEO, A*STAR; Dr Damian O'Connell, CEO, EDDC; Mr Heng Swee Keat, Deputy Prime Minister And Minister For Finance; Ms Chan Lai Fung, Chairman, A*STAR and PS (NRD); Dr William Chin, Member, A*STAR Board, and Chairman, EDDC Governing Board; and Prof Tan Chorh Chuan, Chief Health Scientist, MOH. |
 | | At the signing of the Target Translation Consortium (TTC) MOU. |
 | | At the signing of the Singapore Therapeutics Development Review (STDR) MOU. From left (first row), A/Prof Tina Wong, Executive Director, NHIC; Dr Benjamin Seet, ED BMRC; Dr Howard Califano, Director, SMART Innovation Centre. From left (second row), Prof John Lim, Chairman, NHIC Board; Mr Frederick Chew, CEO A*STAR; Prof Eugene Fitzgerald, CEO and Director, SMART. |
 | | DPM Heng experiencing one of EDDC's advanced technologies, the high-throughput screening laboratory, which is equipped with high-end robotics to quickly conduct a large number of pharmacological tests in a short period of time. (DPM scans a barcode on a microplate of samples, and places the microplate into a machine.) |
These announcements were made during the opening ceremony of the Experimental Drug Development Centre (EDDC) in Biopolis, officiated by Mr Heng Swee Keat, Deputy Prime Minister and Minister for Finance, and Chairman of the National Research Foundation (NRF).
Experimental Drug Development Centre (EDDC) - national platform for drug discovery &development
EDDC is a national platform for drug discovery and development to channel high potential drug candidates toward realising commercial outcomes for Singapore, as well as clinical outcomes that will benefit Singaporeans. EDDC integrates A*STAR's Experimental Therapeutics Centre (ETC), the clinical development unit known as Drug Discovery and Development (D3), and the Experimental Biotherapeutics Centre (EBC). EDDC will leverage Singapore's competitive advantage in melding biomedical sciences, clinical medicine and engineering, to bring early drug targets to first-in-man clinical trials. With a growing Asian market and a predominantly ethnic-Asian population in Singapore, there are opportunities for Singapore to differentiate ourselves by focusing on novel therapeutics for Asian-prevalent diseases.
Target Translation Consortium (TTC) - coordinates early-stage drug discovery efforts
Also launched today, the Target Translation Consortium (TTC) brings together A*STAR, Duke-NUS Medical School, Lee Kong Chian School of Medicine, Nanyang Technological University, National Healthcare Group, National University of Singapore, National University Health System, and SingHealth. Helmed by EDDC, this new TTC coordinates early-stage drug discovery efforts across academia, healthcare institutions, and government agencies. This collaborative approach is an important competitive edge for Singapore's biomedical ecosystem amidst an increasingly sophisticated drug discovery and development space.
Singapore Therapeutics Development Review (STDR) - consolidated grant scheme
To complement these two new platforms, the Singapore Therapeutics Development Review (STDR) grant scheme was also announced. STDR consolidates three separate schemes by A*STAR, the National Health Innovation Centre Singapore (NHIC), as well as the Singapore-MIT Alliance for Research and Technology (SMART); into a new grant that funds early-stage projects up to S$750,000. It combines the expertise and resources of all three organisations, streamlining the assessment and feedback process for promising drug discovery and development projects. This ensures that projects with high potential are adequately funded without undue delay, which strengthens the pipeline of home-grown drug candidates.
Singapore's investments in biomedical sciences have been making steady progress, with made-in-Singapore cancer drug candidates now moving into clinical trials and commercialisation. The biomedical sciences sector has also seen a positive growth trajectory of home-grown biomedical companies. Singapore now has close to 100 local biotech companies, which collectively contributed more than US$350 million in deal flows in 2018 alone. In 2017, Singapore's three largest biotech companies were reported to have an estimated collective valuation of more than US$1 billion [Cell Research Corporation, S$700M; Tessa Therapeutics, S$650M; Aslan Pharmaceutical, S$400M]. Singapore now has an increasingly rich mix of biomedical talent, knowledge and capabilities, a vibrant biomedical business environment, and an ecosystem that fosters innovation and the sharing of new ideas.
ANNEX A: Experimental Drug Development Centre (EDDC) -- additional information
The Experimental Drug Development Centre (EDDC) is a national platform for drug discovery and development. EDDC channels Singapore's pipeline of high potential drug candidates toward commercial and clinical outcomes.
The EDDC is an integration of A*STAR's drug discovery and development units: the Experimental Therapeutics Centre (ETC), Drug, Discovery and Development (D3), and Experimental Biotherapeutics Centre (EBC). Together, these units have forged partnerships with more than 70 academic institutions, as well as 25 local and international companies; with close to 20 licensing deals executed.
As the EDDC continues to champion public-private partnerships in the drug development industry, it will also allow for closer coordination and further optimisation of public sector resources, to boost Singapore's chances of translating early drug discoveries into new medicines.
EDDC has a comprehensive range of drug discovery capabilities, including assay development, high throughput screening, antibody cloning, medicinal chemistry and ADME/toxicology. These allow the centre to develop drug hits and lead them to the pre-clinical candidate stage in-house. In addition, EDDC supports candidates through First-in-Human/Patient Phase 1 and Proof-of-Concept studies.
ANNEX B: Target Translation Consortium (TTC) -- additional information
The Target Translation Consortium (TTC) coordinates and facilitates early-stage drug discovery efforts across public sector institutions. It is a network of public research performers in Singapore that aims to improve the chances of success in the drug development process.
The TTC intends to:
- Enable early discussions of promising early stage drug discovery project proposals from members, with involvement from relevant experts across organisational boundaries where needed.
- Establish agreed processes, methods, and robust criteria for the evaluation and progression of therapeutic projects in the translation process, from target discovery to target validation.
- Coordinate the optimal use of innovative platforms and resources for drug discovery and development, and create synergies through collaboration.
Quotes from Members of the Target Translation Consortium (TTC)
"A significant milestone has been achieved for Singapore with EDDC's launch as a national drug development platform, leading the formation of a consortium of key players in Singapore's drug discovery and development ecosystem. We look forward to working with our partners on the next phase of growth in drug development, and leveraging great science to make great medicines for patients." - Dr Damian O'Connell, CEO EDDC, A*STAR
"We are pleased to participate in the Target Translation Consortium, both by proposing Duke-NUS projects that may benefit from TTC review and by reviewing project proposals from other Consortium members. Through bringing our respective resources and expertise to bear in our target validation and early stage drug discovery programmes, we may take advantage of synergies that can arise through collaboration, with the objective of increasing the chances of generating successful outcomes for patients and for Singapore." - Ms Cheryl McCaffery, Director, Centre for Technology and Development (CTeD), Duke-NUS Medical School
"LKCMedicine is very pleased to join the newly launched Target Translation Consortium (TTC). As a member of the TTC, LKCMedicine will contribute to early-stage drug discovery, co-ordinating our efforts with partners across Singapore. LKCMedicine has excellent capability in a range of relevant technologies and a strong research team, focussed on opportunities for translation of their laboratory findings." - Professor James Best, Dean, Lee Kong Chian School of Medicine, NTU Singapore
"We are delighted to be part of the Target Translation Consortium (TTC), the formation of which is an important step forward in the eventual commercialisation of drug-related assets developed in the Singapore ecosystem, and hence the delivery of societal impact from Singaporean biomedical research. As a recent entrant in the drug discovery space with a small but growing portfolio of biomedical assets, NTU will be able to leverage TTC's combined expertise in drug discovery and development, and vice versa. This will provide Singapore biomedical researchers the right guidance for successful commercialisation." - Dr Lim Jui, CEO, NTUitive
"Drug discovery is important to advance medical treatment. Through sharing knowledge, capabilities and resources, we look forward to contributing to the TTC and collaborating with our partners to tap on innovative platforms to drive drug discovery and development. This is aligned with NHG's vision of adding years of healthy life to the population we serve" - Assoc Prof Lim Su Chi, Clinical Director, Clinical Research Unit; and Senior Consultant, General Medicine, Khoo Teck Puat Hospital, NHG
"The journey in formulating a drug for an identified target is long and arduous. Universities have the capabilities to kick-start the journey through pre-clinical studies. However, drug development involves substantial support and expertise at different phases going forward. The establishment of the Target Translation Consortium (TTC) is timely as it will boost NUS' efforts in translating scientific discoveries in our labs into viable and therapeutically useful new drug candidates to address unmet medical needs. The TTC will also facilitate greater interaction within the research community here and expand learning opportunities across the different drug discovery and development phases." - Ms Tricia Chong, Acting Director, National University of Singapore (NUS) Industry Liaison Office
"The National University Health System is pleased to be a partner in EDDC's Target Translation Consortium, in providing early clinical insights for drug development. The collective know-how accessible through the TTC as well as the rigorous guidance and feedback processes, will further enhance Singapore's drug development ecosystem, and the value of Singapore's pipeline of drug candidates." - Professor Chng Wee Joo, Group Director of the NUHS Research Office
"The drug discovery and development process is a complex one that requires a multi-disciplinary and multi-agency approach. The Target Translation Consortium will bring together key players from the biomedical research and healthcare industries to find new therapies for patients." - Assoc Prof Tan Say Beng, Group Director, Research, SingHealth
ANNEX C: Singapore Therapeutics Development Review (STDR) -- additional information
The Singapore Therapeutics Development Review (STDR) grant scheme aims to fund and support early-stage drug discovery and development projects. It is initiated by the Agency for Science, Technology and Research (A*STAR), National Health Innovation Centre Singapore (NHIC), and Singapore - MIT Alliance for Research and Technology (SMART).
This scheme consolidates three previously separate ones into a new grant that would provide up to S$750,000 in funding per project.
With STDR, all promising projects originating from public research institutes, hospitals or Institutes of Higher Learning (IHLs) in Singapore, will be assessed by a team of multi-disciplinary experts.
This will help ensure that drug discovery and development projects with high potential are adequately funded and supported, strengthening the pipeline of promising drug candidates originating from Singapore.
Quotes from Members of Singapore Therapeutics Development Review (STDR)
"Making new drugs is a high stakes enterprise. By working together more closely, and by establishing a national drug development centre run by professionals from the pharmaceutical industry, we enhance our chances of success. I don't think we have to wait long to reap the dividends from these investments, as well as to see more made-in-Singapore drugs in the clinic." - Dr Benjamin Seet, Executive Director of A*STAR's Biomedical Research Council
"We are delighted to partner with A*STAR BMRC and SMART to combine our funding resources and guidance support, to enable development of new life-saving therapeutics by Singapore clinicians and researchers for global markets. This new joint funding program will streamline strategic efforts to promote novel therapeutics development, and ensure that good therapeutics research projects are given the appropriate support. In this manner, it will help to accelerate healthcare innovation in Singapore, leading to improved delivery of healthcare solutions and better patient care." - A/Prof Tina Wong, Executive Director NHIC
"At SMART, we believe innovations bring the most positive social impacts. We are therefore excited to be a part of the STDR grant scheme, where we will be able to leverage our world-renowned MIT process of identifying promising breakthrough technologies and accelerating them to commercialisation and real-world applications, for the betterment of medical care in Singapore and the world." - Professor Eugene Fitzgerald, CEO and Director, SMART
Photos:
At the Launch Ceremony of Experimental Drug Development Centre. From left, Mr Lim Chuan Poh, Chairman, SFA; Mr Frederick Chew, CEO, A*STAR; Dr Damian O'Connell, CEO, EDDC; Mr Heng Swee Keat, Deputy Prime Minister And Minister For Finance; Ms Chan Lai Fung, Chairman, A*STAR and PS (NRD); Dr William Chin, Member, A*STAR Board, and Chairman, EDDC Governing Board; and Prof Tan Chorh Chuan, Chief Health Scientist, MOH. https://bit.ly/2X5rZ7Q
At the signing of the Target Translation Consortium (TTC) MOU. From left (first row), Ms Cheryl McCaffery, Director, Centre for Technology and Development at Duke-NUS Medical School; A/Prof Kevin Pethe, Assoc Professor of Infectious Disease, LKCMedicine; A/Prof Lim Su Chi, Clinical Director, KTPH; Dr Damian O'Connell, CEO EDDC; Dr Lim Jui, CEO, NTUitive; Prof Chng Wee Joo, Group Director, Research Office, NUHS; Ms Tricia Chong, Acting Director, Industry Liaison Office, NUS; Dr Sharron Bennett, Director, SingHealth Intellectual Property. From left (second row), Prof Thomas Coffman, Dean, Duke-NUS Medical School; Prof James Best, Dean, LKCMedicine; Prof Lim Tock Han, Dep Group CEO, NHG; Mr Frederick Chew, CEO, A*STAR; Prof Ling San, Provost, NTU; Prof John Wong, CEO, NUHS; Prof Chee Yeow Meng, Assoc VP Innovation & Enterprise, NUS; A/Prof Tan Say Beng, Group Director Research, SingHealth. https://bit.ly/2X3tjDh
At the signing of the Singapore Therapeutics Development Review (STDR) MOU. From left (first row), A/Prof Tina Wong, Executive Director, NHIC; Dr Benjamin Seet, ED BMRC; Dr Howard Califano, Director, SMART Innovation Centre. From left (second row), Prof John Lim, Chairman, NHIC Board; Mr Frederick Chew, CEO A*STAR; Prof Eugene Fitzgerald, CEO and Director, SMART. https://bit.ly/2IOuhzD
DPM Heng experiencing one of EDDC's advanced technologies, the high-throughput screening laboratory, which is equipped with high-end robotics to quickly conduct a large number of pharmacological tests in a short period of time. (DPM scans a barcode on a microplate of samples, and places the microplate into a machine.) https://bit.ly/2XaQznW
For media queries and clarifications, please contact:
Mr Robin Chan
Assistant Head, Corporate Communications
Agency for Science, Technology and Research (A*STAR)
Tel: +65 6826 6281
Email: robin_chan@hq.a-star.edu.sg
Mr Derrick Wong
Senior Officer, Corporate Communications
Agency for Science, Technology and Research (A*STAR)
Tel: +65 6517 7970
Email: Derrick_Wong@hq.a-star.edu.sg
About the Agency for Science, Technology and Research (A*STAR)
The Agency for Science, Technology and Research (A*STAR) is Singapore's lead public sector agency that spearheads economic oriented research to advance scientific discovery and develop innovative technology. Through open innovation, we collaborate with our partners in both the public and private sectors to benefit society.
As a Science and Technology Organisation, A*STAR bridges the gap between academia and industry. Our research creates economic growth and jobs for Singapore, and enhances lives by contributing to societal benefits such as improving outcomes in healthcare, urban living, and sustainability.
We play a key role in nurturing and developing a diversity of talent and leaders in our Agency and research entities, the wider research community and industry. A*STAR's R&D activities span biomedical sciences and physical sciences and engineering, with research entities primarily located in Biopolis and Fusionopolis. For ongoing news, visit www.a-star.edu.sg.
Topic: Research and development
Source: A*STAR
Sectors: BioTech, Healthcare & Pharm
http://www.acnnewswire.com
From the Asia Corporate News Network
Copyright © 2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
|
|
|
|
|
|
|
| A*STAR |
| Dec 6, 2022 14:00 HKT/SGT |
|
Global pharma giants partner Singapore researchers to boost innovation in biologics and vaccines manufacturing |
| June 2, 2022 21:00 HKT/SGT |
|
Boehringer Ingelheim Enters Global Licensing Agreement to Develop and Commercialize Innovative Antibodies from A*STAR for Targeted Cancer Therapies |
| June 2, 2022 21:00 HKT/SGT |
|
Boehringer Ingelheim Enters Global Licensing Agreement to Develop and Commercialize Innovative Antibodies from A*STAR for Targeted Cancer Therapies |
| Sept 30, 2021 16:00 HKT/SGT |
|
A*STAR and Local SME Work with Vaccination Centres to Deploy AVID System for Filling Syringes |
| July 31, 2020 08:00 HKT/SGT |
|
Singapore Cancer Drug ETC-159 Advances Further in Clinical Trials |
| July 24, 2020 17:00 HKT/SGT |
|
MP Biomedicals and A*STAR Co-Develop Rapid Antibody Test Kit for SARS-CoV-2 |
| Oct 22, 2019 04:00 HKT/SGT |
|
Fujitsu, SMU and A*STAR Launch Digital Platform Experimentation Project using Quantum-Inspired Computing and Deep Learning Technology |
| Apr 5, 2019 18:00 HKT/SGT |
|
Passing of Dr Sydney Brenner, Nobel Laureate, Renowned Pioneer in Molecular Biology, A*Star Senior Fellow |
| Jan 21, 2019 13:00 HKT/SGT |
|
Branched-Chain Amino Acids Found to Regulate the Development and Progression of Cancer |
| July 13, 2018 10:00 HKT/SGT |
|
Scientists Discover the Tuberal Nucleus' Role in Controlling Appetite and Body Weight |
| More news >> |
 |
|
|
|
