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| [January 28, 2013] |
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GVK BIO enters into research collaboration with Endo Pharmaceuticals
HYDERABAD, India --(Business Wire)--
GVK
Biosciences (GVK BIO), Asia's leading drug discovery research and
development CRO announced today that it has entered into a collaboration
agreement with U.S. based Endo Pharmaceuticals focused on discovering
novel small molecules targeting an exciting protein. Under this
agreement GVK
BIO will use its discovery expertise to deliver a clinical candidate
and Endo will develop and commercialize the product arising out of this
collaboration. This collaboration arose out of a newly launched concept
at GVK
BIO named Early Discovery Assets (EDA™).
Manni Kantipudi, CEO of GVK
BIO commented, "We are delighted to partner with Endo as it
continues to build its discovery pipeline through external
collaborations. This collaboration also confirms the value of our
differentiated EDATM concept, conceived to
collaborate with pharmaceutical partners on discovery projects, from
target to clinical candidates."
Dr. Sandeep Gupta, Endo's Senior Vice President of Drug Discovery and
Early Development stated "We are pleased to initiate this discovery
collaboration with GVK BIO. With their world class infrastructure and an
experienced scientific team, I have no doubt that they will execute on
he program goals and add to our portfolio of development candidates
that provide novel treatment options for the patients".
EDA™ (Early Discovery Assets) A new discovery offering
from GVK BIO
GVK
Biosciences, through its internal expertise in computational
chemistry, discovery biology and medicinal chemistry, is building a
portfolio of discovery project assets for potential early stage
partnering. This early stage asset portfolio is focused around Pain and
Inflammation. GVK
Biosciences develops these assets to a stage of demonstrated value
and then looks to partner and co-develop them with life science
companies.
About GVK BIO
GVK
Biosciences (GVK BIO, www.gvkbio.com)
is Asia's leading Discovery Research and Development organization. GVK
BIO provides a broad spectrum of services, stand-alone and integrated,
across the R&D value chain. GVK
BIO's discovery services consist of Chemistry,
Biology
and Informatics;
the development services include Clinical
Research, Clinical
Pharmacology and Process
R&D. GVK
BIO's diverse portfolio of more than 200 customers includes some of
the world's largest pharmaceutical, biotechnology, agro, life science
companies and leading academic institutions.

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