• ElexoPharm GmbH, of Saarbruecken, Germany, said it will perform lead finding and lead optimization based on molecular modeling, design and synthesis of biological active compounds, under a EuroTransBio grant of €1.5 million (US$1.98 million). The three-year project will allow the development of low-molecular-weight inhibitors of angiogenesis in colorectal cancer in collaboration with SomantiX BV, VU University Medical Center, Saarland University and PharmBioTec GmbH.