Don’t miss the latest developments in business and finance.

Zydus ties up with US-based research centre to develop vaccine

The company is collaborating with National Institute of Allergy and Infectious Diseases (NIAD) to develop a vaccine against visceral leishmaniasis

Press Trust of India New Delhi
Last Updated : Apr 23 2015 | 1:20 PM IST
Pharmaceuticals major Zydus today said that its R&D subsidiary Etna Biotech will collaborate with US-based National Institute of Allergy and Infectious Diseases (NIAD) to develop a vaccine against visceral leishmaniasis (VL), known as Kala-Azar in India.

Etna Biotech will also donate USD 2,40,000 for advancing research under the NIH leishmaniasis programme.

In a BSE filing, Zydus said: "Etna Biotech announced a collaborative programme with the National Institute of Allergy and Infectious Diseases, part of the US National Institutes of Health (NIH) for advancing leishmaniasis research."

More From This Section

It further said: "Under a separate agreement, Etna Biotech also extended its support of the NIH leishmaniasis programme by donating USD 2,40,000 for research."

Commenting on the development, Zydus Group Chairman and Managing Director Pankaj R Patel said: "Zydus is proud to collaborate with US NIH to solve the increasing worldwide disease burden of visceral leishmaniasis and to move forward to put a basis for the successful development of a novel candidate vaccine for visceral leishmaniasis."

Headquartered in Ahmedabad, Zydus Cadila is a global pharmaceutical company that discovers, manufactures and markets a broad range of healthcare therapies.

The Group employs over 16,500 people worldwide, including over 1,600 scientists in R&D.

Cadila Healthcare is part of Zydus Group.

Also Read

First Published: Apr 23 2015 | 1:08 PM IST

Next Story