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Dr. Reddy’s in drug discovery deal with 7TM Pharma
March 2008
SHARING OPTIONS:

HYDERABAD, India—Dr. Reddy's Laboratories and 7TM Pharma have signed a drug discovery collaboration on selected drug targets in the area of metabolic disorders. Dr. Reddy's and 7TM Pharma will collaborate to identify clinical candidates for preselected targets. Both the parties will jointly develop these candidates from the preclinical stage up to Phase IIa (proof-of-concept). On successful completion of a Phase IIa study, the companies may either license-out the candidate for further development and commercialization to a larger pharmaceutical company or continue the further co-development and commercialization jointly. Financial terms were not disclosed.
 

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