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RxCelerate acquires Methuselah Health and launches proteomics platform ProQuant

Next-generation proteomics technology to accelerate drug discovery and development

23-Nov-2022

Key points from article :

RxCelerate announced the acquisition of Cambridge-based drug discovery company Methuselah Health UK.

“ProQuant can better quantify post-translational modifications, which opens up a new domain for target identification and validation, biomarker discovery and reaction monitoring,” - Jill Reckless, CEO at RxCelerate.

ProQuant has numerous applications across the drug discovery and development domains.

It turbo-charges chemoproteomics during discovery of covalent binders.

Allows the accumulation of post-translational modifications on biologic drugs to be accurately monitored.

“We have developed a toolkit of cutting-edge technologies to improve drug discovery and development,” - Nick Tait, Chief Financial Officer at RxCelerate.

“Galaxy, our platform to discover better monoclonal antibody drugs at RxBiologics, and RxNfinity," - Tait.

"With the acquisition, we have taken another step towards our vision of making the best technologies available to everyone," - Tait.

Mentioned in this article:

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Jill Reckless

Co-founder and CEO at RxCelerate

Methuselah Health

Company identifying novel targets for treatment of ageing-related diseases

Nick Tait

Chief Financial Officer of RxCelerate

RxCelerate

Out-sourced drug discovery and development platform

Topics mentioned on this page:
Investments, Proteomics
RxCelerate acquires Methuselah Health and launches proteomics platform ProQuant