Pharmacopeia Drug Discovery’s Delivery Of Advanced Lead Compounds To Organon Triggers Milestone Payment

PRINCETON, N.J., Sept. 19 /PRNewswire-FirstCall/ -- Pharmacopeia (Nasdaq: PCOP - News), an innovator in the discovery and development of novel small molecule therapeutics, today announced that the company has earned a milestone payment as part of its collaboration with Organon (Nasdaq: AKZOY - News). The milestone payment was triggered by Pharmacopeia’s delivery of two additional advanced lead compound series meeting stringent pharmacodynamic and pharmacokinetic requirements and demonstrating activity in relevant preclinical models of pain, in one case, and obesity in the other.

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