Sydney Professor Michael Kassiou discovers molecules worth $273 million

·

A Sydney chemist, Professor Michael Kassiou, has recently developed molecules which could potentially be a method for treating dementia, depression and schizophrenia.

According to The Sydney Morning Herald, Professor Kassiou spent more than a decade hunting for molecules small enough to enter the brain and activate our oxytocin receptors.

The Greek Australian professor has also co-founded Kinoxis, a company founded alongside his University of Sydney colleagues to commercialise the new molecules.

Professor Michael Kassiou. Photo: Sydney Morning Herald / Dominic Lorrimer.

Kinoxis has now signed a $US181 million ($AUD273 million) partnership with Boehringer Ingelheim to investigate drugs that treat aggression and social withdrawal in people with a range of psychiatric disorders.

“It’s one of the most exciting drug discovery programs I’ve seen because we’re targeting something that hasn’t been targeted before with small molecules, and in ways not previously possible,” Professor Kassiou told The Sydney Morning Herald.

“It opens up enormous possibilities.”

Source: The Sydney Morning Herald.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

Apostolakis and Trimis named on Young Matildas squad for Korea Republic series

Peta Trimis and Alexia Apostolakis have been named in the 23-player Young Matildas squad to face Korea Republic.

Eight young Greek Australians selected for Global Diaspora Symposium in Athens

Eight young Greek Australians will represent Australia at the 2nd Greek Youth Diaspora Symposium in Athens today.

Father Alexios Triantafyllou passes away aged 96

The Greek Orthodox Archdiocese of Australia has today announced the passing of Oikonomos Father Alexios Triantafyllou.

End of an era as Megas family sells Brunswick cottages after 53 years

The Megas family is parting with their twin cottages in Brunswick after 53 years, closing a remarkable chapter of community and continuity.

Female excellence shines at this year’s Greek International Women Awards

The Greek International Women Awards (GIWA) returned to the Hellenic Cosmos Cultural Centre on Monday. Read more here.

You May Also Like

Panathinaikos BC fined for missing Stoiximan Super Cup

Panathinaikos will not compete in this year’s Stoiximan Super Cup in Rhodes, the Board of Directors of Stoiximan GBL has confirmed.

Cumberland Cr Steve Christou slams ‘disgraceful’ plan to turn golf course into cemetery

Steve Christou has launched a blistering attack on the Minns Government over its plan to transform Carnarvon Golf Course into a cemetery.

Greek PM’s tribute to Arthur Leggett OAM delivered at state funeral in Perth

A heartfelt message from Greek Prime Minister Kyriakos Mitsotakis was read out at the state funeral of Arthur Leggett OAM.