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.

Share:

KEEP UP TO DATE WITH TGH

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

Latest News

Zoe Petropoulos welcomes breakthrough in quest for neurofibromatosis treatment

Years of fundraising by Zoe Petropoulos and her family have helped support research behind a promising breakthrough.

Cassandra Kalpaxis: The hidden reality of domestic violence in Australian workplaces

She is educated. Capable. Often high-achieving. She sits across the boardroom table, meets her deadlines, mentors junior staff.

Pan Korinthian Association of Melbourne hosts community trivia night

More than 50 people gathered on Friday, May 15 for the Pan Korinthian Association of Melbourne and Victoria’s (PKA) trivia night.

Fruit and deli owner Steven Nicolaou calls trust tax changes a ‘kick in the guts’

Steven Nicolaou says new federal budget measures targeting trust structures will leave small businesses “working for nothing."

Greek Ambassador visits Diocese of Brisbane during official Queensland visit

The Ambassador of Greece to Australia, Stavros Venizelos, has been received at the offices of the Greek Orthodox Diocese of Brisbane.

You May Also Like

Extremist group claims responsibility for Athens train office bombing

An emerging extremist group, Revolutionary Class Struggle, has claimed responsibility for a bomb that exploded Friday, April 11.

A real-life Eat, Pray, Love: As told by Anthi Preketes

I urge anyone standing at the precipice to ask themselves this: If you could will your dream life into existence, what would it be?

Dimitrios Trichopoulos: Pioneer of modern epidemiology in Greece

Dimtrios Trchopoulos was a distinguished physician, academic and a global leader in public health and epidemiology.