At the University of Chemistry and Technology Prague (UCT), a prestigious new position called Chair – Medicinal Chemistry is being established for a leading foreign expert in drug discovery and development. It offers an unconventional form of collaboration with the Institute of Organic Chemistry and Biochemistry of the Czech Academy of Sciences (IOCB Prague), which will be supporting the new researcher with a grant of 7M CZK over a period of five years. That money will also assist in starting an excellent new research group at UCT.

Funding for the new chair is being provided by IOCB subsidiary IOCB Tech. “I’m very pleased that our company, IOCB Tech, can actively participate in a collaboration between the Czech Academy of Sciences and universities,” says the company’s director and IOCB deputy director Prof. Martin Fusek. “UCT is the most logical partner for IOCB, and not only in geographical terms. I trust that the scientific and educational collaboration between the two institutes will continue to develop successfully.”