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INDIA BUSINESS WORLD - JULY 1st - JULY 31st - 2008


JUBILANT TIES UP WITH US FIRM AMGEN FOR DRUG DISCOVERY

Drug major Jubilant Biosys has announced a tie-up with USbased Amgen for drug discovery partnership in multiple therapeutic areas. The partnership would entail Bangalorebased Jubilant collaborate with Amgen on a series of novel drugs in new target areas of interest, a Jubilant release stated. "Under the agreement, Jubilant will develop early pre-clinical candidates emanating from Amgen's early discovery efforts for an initial term of three years...Amgen will have responsibility for subsequent pre-clinical and clinical development and commercialisation," the release said.

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