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The Business Magazine July 2024
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Orbit Discovery and Evergreen Theragnostics expand research collaboration

The Business Magazine article image for: Orbit Discovery and Evergreen Theragnostics expand research collaboration
4 December 2024

Orbit Discovery, a leading provider of peptide discovery services, and Evergreen Theragnostics, a radiopharmaceutical company at the forefront of precision medicine, announced an extension to their research collaboration to find novel targeting peptides for radiopharmaceutical delivery.

This collaboration expands upon a previous agreement signed between the companies in April 2023 whereby technology synergies have enabled the identification of high-affinity peptide ligands optimized for precision therapeutic applications.

The expanded collaboration will leverage Orbit Discovery’s proprietary screening platform to identify and optimize peptide candidates, combined with Evergreen Theragnostics’ expertise in radiopharmaceutical development and clinical translation. The ongoing partnership underscores a shared vision to advance next-generation targeted therapies, with a focus on speed, precision, and efficacy.

“Our collaboration with Evergreen Theragnostics has proven to be a powerful example of how complementary expertise can drive ground-breaking innovation,” said Dr. Neil Butt, CEO of Orbit Discovery. “We are excited to continue building on our achievements and leveraging our proprietary platform to discover peptides with therapeutic potential.”

Dr. Butt added “Evergreen Theragnostics’ radiopharmaceutical expertise provides a strong foundation for transforming these peptides into advanced therapies, particularly in oncology. The partnership exemplifies the commitment of both companies to delivering patient-centric solutions in the rapidly expanding radiopharmaceutical market.”

“We are thrilled to extend our collaboration with Orbit Discovery,” said Dr. Thomas Reiner, CSO of Evergreen Theragnostics. “The Company’s peptide discovery platform has proven invaluable in our mission to develop precision-targeted radiopharmaceuticals. Together, we aim to expedite the journey from discovery to clinical application, creating novel therapies with the potential to improve outcomes for cancer patients.”


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Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset.

Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users.

He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.

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