Ranbaxy, National Chemical Laboratories And Department Of Science And Technology Ink Collaborative Pact For New Drug Discovery

Source Press Release
Company Ranbaxy LaboratoriesCatalysis 
Tags Systemic Anti-Infectives, Research Collaboration
Date April 14, 2005

New Delhi, India  -- April 14, 2005 -- Ranbaxy Laboratories  Limited (Ranbaxy) today entered into a collaborative agreement with the National Chemical Laboratories (NCL), Pune and the Department of Science & Technology (DST), New Delhi , in the area of New Drug Discovery.

Ranbaxy and DST will jointly fund NCL, under the aegis of the 'Pharmaceuticals Research and Development Support Fund' (PRDSF), to synthesize novel anti-infective drugs. Ranbaxy will screen these molecules and identify promising candidates for further development. A joint research committee, comprising members from all the partnering organisations will monitor and direct the course of the research.

The tripartite agreement was signed today at Ranbaxy's R&D facility in Gurgaon (Haryana), India,  by Dr. M. K.Gurjar, Head and Deputy Director of the Organic Chemistry Technology Division, NCL, Dr. Kasim Mookhtiar , Head, Drug Discovery, Ranbaxy, and Dr. G. S. Samathanam, Director, Department of Science & Technology, Government of India, New Delhi.

Commenting on the development, Dr. Brian W. Tempest, CEO & Managing Director, Ranbaxy, said, "We are pleased to join hands with NCL & DST in this programme of collaborative research. I believe the combination will release powerful synergies that will lead to the discovery and development of new and innovative medicines to combat infectious diseases."

At another level, Dr. Tempest added, "Our collaboration will help in mobilizing India 's existing strengths in the private and public sectors to create an enabling framework for world class scientific research and new drug development."

NCL, Pune, has a long standing association with Ranbaxy, in terms of common scientific interests. NCL's rich heritage in organic chemistry and the excellence of its academicians backed by modern tools and methodologies will give the desired impetus to this programme.

The Department of Science and Technology (DST) was established in 1971 with the objective of promoting science and technology activities in the country. Among its many responsibilities, is the objective to support basic and applied research throughout the country and the provision of minimum infrastructure facilities for testing and instrumentation. The PRDSF was introduced by DST in 1994-1995, to promote inter-alia collaborative R&D in the Drugs and Pharmaceuticals Sector

The National Chemical Laboratories (NCL) has made significant contributions in technology development, benefiting the chemical industry in India since its inception in 1950. Organic Chemistry has been one of the major areas of research at NCL. Today, it has an interdisciplinary research centre with interest in polymer science, organic chemistry, catalysis , materials chemistry, chemical engineering, biochemical sciences and process development.

Source: Evaluate™
©2018 Evaluate Ltd, All rights reserved.