GVK BIO enters into drug discovery pact with Wyeth Pharmaceuticals

Published: 30-May-2008
Sustainability Research & Development

Leading Indian contract research organisation GVK BIO has entered into a research agreement with Wyeth Pharmaceuticals to discover drug candidates focused on predefined discovery targets.


Leading Indian contract research organisation GVK BIO has entered into a research agreement with Wyeth Pharmaceuticals to discover drug candidates focused on predefined discovery targets.

GVK BIO will utilise in-house capabilities in discovery chemistry, informatics, biology and ADME to advance this programme. It will be responsible for identifying drug candidates, which will be transferred to Wyeth to advance these compounds towards clinical studies. Under the agreement, GVK BIO will receive an initial payment and will be eligible for success-based milestone payments.

"GVK BIO has had a successful partnership with Wyeth on various chemistry research activities dating to 2006," said G V Sanjay Reddy, managing director of GVK Biosciences. "This research agreement expands our work together and builds on GVK BIO's core strengths.

"This agreement further validates India's capability to do innovative research along with leading pharmaceutical and biotech companies."

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