... And Sets Up Discovery Venture With Jubilant | October 13, 2008 Issue - Vol. 86 Issue 41 | Chemical & Engineering News
Volume 86 Issue 41 | p. 21 | Concentrates
Issue Date: October 13, 2008

... And Sets Up Discovery Venture With Jubilant

Department: Business

Lilly and Jubilant Organosys have agreed to form an equally owned drug discovery joint venture in Bangalore, India. Run by a separate management team, the venture will perform preclinical drug discovery and manage tests on human patients up to Phase II clinical trials. Phase III trials and further commercial development will be undertaken either by Lilly or Jubilant. Lilly has been attempting to lower its drug development costs by teaming up with other organizations.

 
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