This Science News Wire page contains a press release issued by an organization and is provided to you "as is" with little or no review from Science X staff.

UQ collaborates to advance spider venom pain research

February 17th, 2012

Australian scientists are working with industry to develop a spider venom extract for treating chronic pain.

UniQuest, The University of Queensland's (UQ) main research commercialisation company, announced today that researchers at the Institute for Molecular Bioscience (IMB) have entered into an agreement for a focused funding grant and collaborative research project with Johnson & Johnson's Corporate Office of Science and Technology (COSAT), and certain of its Janssen affiliates, to develop components of spider venom that may be effective as a treatment for pain.

The grant funding will support a 12-month project to characterise novel spider venom peptides that were discovered in a proprietary IMB assay to inhibit a human ion channel, critical for sensing pain.

The long-term goal is to develop these peptides for the therapeutic treatment of chronic pain. The project team includes Professors Glenn King, Richard Lewis, Paul Alewood and their research teams. Financial terms of the deal were not disclosed.

Chronic pain occurs when the nervous system continues issuing pain signals despite the lack of a pain stimulus. It is experienced at some point in the lives of 1 in 5 Australians. In the US an estimated $560 billion annually is lost due to healthcare costs and reduced productivity.

UniQuest Managing Director, David Henderson, said the new agreement between IMB and COSAT would accelerate the process of seeking a solution to chronic pain, a world-wide health problem estimated to affect 1.5 billion people.

“Discoveries like this pass through many developmental stages before they become market-ready therapeutic products, so combining the resources and expertise of Australian researchers and COSAT means potential pain drug candidates for clinical trials are likely to be identified much sooner,” Mr Henderson said.

“Support from a partner with international networks highlights the contribution Australian university researchers are making to science and society on a global scale.”

Professor King said the grant and collaborative research project with COSAT and its Janssen affiliates is vital.

“We are delighted to be collaborating with COSAT on this important project in the area of discovering and developing new treatments for chronic pain,” Professor King said.

Provided by University of Queensland

Citation: UQ collaborates to advance spider venom pain research (2012, February 17) retrieved 29 June 2025 from https://sciencex.com/wire-news/90918229/uq-collaborates-to-advance-spider-venom-pain-research.html
This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.