Tuesday, May 13, 2008

Ranbaxy Drug Deal With Merck

Ranbaxy has signed a deal with the US based Merck for drugs discovery and clinical development in aniti-infective drugs.
The two big companies willwork togetherto develop clinically validated anti-bacterial dn anti-fungal drug candidates. Ranbaxy will carry out developments in the discovery and clinical through Phase IIa clinical trials while Merck will conduct development and commercialization of drug candidates after that. The collaboration will begin with an initial term of five years and can be extended further with mutual

No comments: