ChemBridge Corporation Release: Chem-Space Launches To Provide Largest Global Chemical Database And Search Tool

PRINCETON, NJ & KIEV, Ukraine--(BUSINESS WIRE)--A group of chemical suppliers including Enamine, ChemBridge Corporation, UORSY and FCH Group, today announced launch of Chem-Space (www.chem-space.com ), a global e-procurement marketplace solution for searching, purchasing and selling chemical building blocks. The Chem-Space database currently encompasses over 15 million unique molecular building blocks, and is the world’s largest chemicals library. The online catalogue offers an easy, fast search facility, enabling users to enter a broad range of search parameters such as substructure and various text identifiers.

“We are launching Chem-Space to address the issue of reliability of building block offerings. We aim to support customers in accessing the chemicals they need, at the best price, with rapid delivery, directly from suppliers.”

Use of the Chem-Space database is free-of-charge for both suppliers and customers. There are no license fees for users to review and access the platform, and no commission charges for suppliers selling products. Chem-Space invites global chemistry suppliers, ranging from small to large organizations, to upload their catalogues to the site, to provide an efficient solution for buyers when sourcing building blocks.

The new platform is focused on speed of delivery, aiming to supply chemical molecules within a minimum of 5 days, to a maximum of 6 weeks. These delivery deadlines ensure that vendors list only realistic and feasible molecules. Customers can forward their product requests directly to suppliers via the site, to identify the best prices for building blocks on the market.

David Lonergan, Director of Business Development at Chem-Space, said: “We are launching Chem-Space to address the issue of reliability of building block offerings. We aim to support customers in accessing the chemicals they need, at the best price, with rapid delivery, directly from suppliers.”

Dr. Sergey Altshteyn, President of ChemBridge, commented: “This initiative is a unique e-commerce platform, providing not only the world’s largest chemical building blocks product range, but also a user friendly interface, through which it is possible to efficiently procure products online. We encourage building block producers to join the free-of-charge platform to fully benefit from an optimal showcase.”

“We are delighted to support Chem-Space in developing the world’s most comprehensive database of medchem building blocks. The site offers the possibility to display our innovative molecules as soon as they appear in our own catalogue,” said Vladimir Ivanov, Chief Sales and Marketing Officer, Enamine.

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About Enamine

www.enamine.net

Established in Kiev, Ukraine in 1991, Enamine is a chemical company, producer of screening libraries and building blocks. Its collection of building blocks exceeds 140,000 chemicals and is the world’s largest commercial stock. The company has a global presence with its distribution centers in EU (Riga, Latvia), and in USA (Cincinnati, Ohio). The company also offers a suite of services in drug discovery.

About ChemBridge Corporation

www.chembridge.com

ChemBridge^® Corporation has been a global provider of enabling chemistry products and contract research services for small molecule drug discovery for more than 20 years. The company’s extensive portfolio includes more than 1 million diverse and target-focused screening compounds, more than 14,000 chemical building blocks, Hit2Lead.com online chemical store, and high-end, research-intensive custom library and synthetic/medicinal chemistry services.