Advertisement

If you have an ACS member number, please enter it here so we can link this account to your membership. (optional)

ACS values your privacy. By submitting your information, you are gaining access to C&EN and subscribing to our weekly newsletter. We use the information you provide to make your reading experience better, and we will never sell your data to third party members.

ENJOY UNLIMITED ACCES TO C&EN

Pharmaceuticals

Lilly outsources clinical trials to India's NPIL

January 22, 2007 | A version of this story appeared in Volume 85, Issue 4

In what it calls a "new paradigm for global alliances," Eli Lilly & Co. has signed a drug development agreement with Nicholas Piramal India Ltd. under which the Indian firm will design and execute a clinical development program spanning nonclinical studies and human trials through Phase III for a group of Lilly drug candidates. Under the agreement, NPIL will receive milestone payments of up to $100 million, plus royalties on sales upon a successful launch of the first compound. Lilly will make unspecified payments if it elects to take over trials of any candidate in Phase III; it will not make up-front payments to NPIL. "We believe NPIL has the strategic interest and capabilities to advance these Lilly molecules through early clinical development, and we are excited to explore this innovative drug development model with them," says Robert W. Armstrong, Lilly's vice president of global external R&D. Lilly previously contracted with another Indian firm, Suven Life Sciences, for development of a central nervous system drug candidate.

Article:

This article has been sent to the following recipient:

0 /1 FREE ARTICLES LEFT THIS MONTH Remaining
Chemistry matters. Join us to get the news you need.