Endo Pharmaceuticals collaboration in India to move new oncology drug candidates forward...faster

 

Jubilant Biosys announced recently that the Bangalore-based company has entered into a discovery and development collaboration with Endo Pharmaceuticals, a US-based pharmaceutical company. As part of the agreement, Jubilant and Endo would collaborate initially to develop a portfolio of targets in the area of oncology, with a focus on delivering preclinical candidates that could be selected for joint clinical development.

Endo will own any compounds developed under the collaboration and will be responsible for worldwide commercialization.

Under an initial 3-year agreement, Jubilant will receive from Endo research funding and success-based development milestones and royalties on the successful commercialization of the compounds developed.

Endo Pharmaceuticals, is a specialty pharmaceutical company engaged in R&D, sales and marketing of branded and generic medicines in pain management, urology, endocrinology and oncology.

Commenting on the collaboration, Shyam Bhartia, chairman & managing director and Hari Bhartia, co-chairman & managing director, of Jubilant said: "We are pleased to announce this collaboration with Endo Pharmaceuticals and look forward to the prospect of contributing to Endo's expanding discovery pipeline. We anticipate significant rewards on successful development of compounds and its subsequent commercialization. This partnership continues to demonstrate Jubilant's mission to be India's largest provider of innovative solutions for accelerating global drug development and enabling affordable patient care."

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