Jubilant
leverages on collaborations
Partnerships are the key
to drug discovery and this seems to be a recurring theme for Jubilant
Organosys over the last year which saw collaborations with companies
such as Lilly and Astra Zeneca.
Jubilant Organosys Ltd is an integrated pharmaceutical industry player
that provides custom research and manufacturing services (CRAMS) and
drug discovery and development services.
Jubilant Organosys focuses on the pharmaceutical value chain for
products and services such as exclusive synthesis, contract
manufacturing, proprietary products, active pharmaceutical ingredients,
generic dosage forms, drug discovery services, drug development
services, chemistry services, clinical research services, steriles,
non-steriles and radiopharmaceuticals.
Jubilant Organosys has five subsidiary companies in India that includes
Jubilant Biosys Ltd for discovery informatics and drug discovery
services; Jubilant Chemsys Ltd for medicinal chemistry; Clinsys
Clinical Research Ltd for clinical research and bioavailability or bio
equivalence studies; Jubilant First Trust Healthcare Ltd for high
quality healthcare services and Specialty Molecules Pvt Ltd for niche
expertise in continuous vapor phase halogenations reaction.
Jubilant has signed several R&D deals in 2008. In July 2008,
Jubilant Biosys Ltd., Bangalore and Amgen Inc, Thousand Oaks,
California, had announced a drug discovery partnership to develop a
portfolio of novel drugs in new target areas across multiple
therapeutic areas. Jubilant will be engaged in the development of early
preclinical candidates from Amgen’s early discovery efforts
for an initial term of three years, Amgen will have the responsibility
for the subsequent preclinical and clinical development and their
commercialization. Amgen will retain/own the drugs developed in
collaboration with worldwide commercialization rights.
Commenting on the development, Shyam S Bhartia, chairman and managing
director and Hari S Bhartia, co-chairman and managing director of
Jubilant Organosys said, “We are very pleased to expand our
relationship with Amgen. This collaboration leverages the innovation
capabilities of Jubilant Biosys in pharmaceutical discovery and
preclinical development. ”
In October 2008, Jubilant Organosys entered into an agreement with Eli
Lilly India to form an equally-owned joint venture in India focused on
providing drug development services exclusively to Jubilant and Eli
Lilly partnered molecules. The joint venture based out of Bangalore is
focusing on preclinical molecules and their development through
phase-II clinical trials, before returning successful assets to the
sponsors for further development.
In May 2009, Jubilant has signed a research collaboration agreement
with AstraZeneca, focuses on delivering novel drug candidates into its
preclinical pipeline.
Jubilant focus on flexible and hybrid platform of innovative discovery
chemistry, biology and insilico services demonstrates its ability to
customize and accelerate global drug discovery efforts led the company
to clock Rs 242 crore in revenues from the services
business.”