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

Ethnic media: A necessary platform informing a multicultural Australia

Independent ethnic media like The Greek Herald play a vital role in Australia’s multicultural landscape, delivering culturally specific news.

From Kythera to Katoomba: Preserving the heritage of the Paragon Café

Founded in 1916 by Greek migrant Jack Simos, Katoomba’s Paragon Café is undergoing long-overdue heritage restoration after years of neglect.

Oakleigh Grammar students selected for prestigious Monash Scholars Program

Oakleigh Grammar is celebrating the selection of three Year 10 students into the prestigious Monash Scholars Program.

Greek Orthodox Archdiocese of Australia plans revival of historic Mount Gambier church

A historic church in Mount Gambier, South Australia may soon be revived as a place of worship by the Greek Orthodox Archdiocese of Australia.

McDermott Aviation finalist in Australian awards amid Greek wildfire deployment

Australia’s heli-aviation operator, McDermott Aviation, has been announced finalist in two categories at the 2025 Australian Aviation Awards.

You May Also Like

2,500-year-old bronze bull unearthed by Greek archaeologists in Olympia

Greek archaeologists have unearthed by chance a more than 2,500-year-old bronze bull idol at the archaeological site of Olympia.

More than 60 candidates of Greek heritage running for Victorian local council elections

Voters gearing up to have their say at the 2024 local council elections in Victoria will have to navigate a raft of changes.

Ambassador Pyatt affirms US solidarity with Greece against Turkish claims

Greek Foreign Minister Nikos Dendias met with US Ambassador Geoffrey Pyatt and discussed Washington’s position on Greek sovereignty.