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.

Cretan Convention - Web Banner

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Last chance to register for the 44th National Cretan Federation Convention in Sydney

Time is running out to register for the 44th National Cretan Federation Convention, with registrations officially closing on 1 December 2025.

Former senior GOCSA leaders cite governance failures ahead of Sunday’s AGM

New information has come to light about internal challenges facing the Greek Orthodox Community of SA ahead of its AGM this Sunday.

‘Pay or levy’: Push to force Big Tech to fund Australian journalism returns to national focus

Government’s News Bargaining Incentive faces national scrutiny as independent publishers warn sustainable journalism needs stable funding.

UQ Museum launches exhibition honouring Queensland’s Ionian island diaspora story

An extraordinary celebration of Hellenic heritage unfolded at The University of Queensland’s RD Milns Antiquities Museum on Wednesday.

Eugenia Mitrakas becomes first Greek-born Golden Alumna at Melbourne University

Eugenia Mitrakas OAM has been named a Golden Alumna by the University of Melbourne, becoming the first Greek-born to receive the honour.

You May Also Like

Seven Greek bishops treated for burns after acid attack by priest

Seven Greek Orthodox bishops were hospitalised on Wednesday after allegedly being attacked with a caustic liquid by a priest.

F-16 jets relocated as wildfires cause explosion at ammunition depot in Greece

Strong winds caused a wildfire to set off explosions at an air force ammunition depot in central Greece, on Thursday.

Santorini proposal hilariously interrupted by unwitting elderly couple

Proposals are all about timing - and while one couple nailed the moment, it wasn’t the pair getting engaged in Santorini.