GVK Bio collaborates with Endo Pharma for drug discovery1 min read . Updated: 28 Jan 2013, 01:47 PM IST
GVK Bio will use drug discovery expertise to deliver clinical candidate, while Endo will develop, commercialize the product
Mumbai: GVK Biosciences Pvt. Ltd, a Hyderabad-based contract research firm, said on Monday it has signed a collaboration agreement with Endo Pharmaceuticals Inc. of the US for discovering novel small molecules targeting a unique protein.
GVK Bio will use its drug discovery expertise to deliver a clinical candidate and Endo will develop and commercialize the product.
For GVK, the collaboration is also part of its newly initiated early discovery assets (EDA) business. “This collaboration confirms the value of our differentiated EDA concept, conceived to collaborate with pharmaceutical partners on discovery projects, from target to clinical candidates," Manni Kantipudi, chief executive officer of GVK Bio, said in a release on Monday.