US-based pharmaceutical and research giant AstraZeneca is planning to collaborate with two research-based Indian pharma companies. |
The company had earlier signed a research collaboration agreement with Ahmedabad-based Torrent Pharma for discovering a novel drug candidate for the treatment of hypertension. |
The proposed R&D tie-ups of AstraZeneca in India are in the areas of central nervous system therapy and novel pain management drugs. The collaborations are part of AstraZeneca's $4 billion annual global drug discovery programme. |
"We are in talks with Indian companies, which have strong research assets in areas of CNS and pain therapy. We will have two more joined R&D projects in the country shortly," said Jitendra Patel, director, Discovery Alliances (CNS & Pain), AstraZeneca Pharmaceuticals LP. |
The research projects of the company in India will be jointly funded with the local partner. The projects would envisage success-based payments to the Indian companies and pay royalties based on the commercialisation of the drug candidate. The local research partners may also get co-marketing product rights in India. |
"About 30 per cent of the total R&D spend of the company is utilised for external projects. The projects in India are part of the external research programme," Patel said. |
The external collaborations with biotech firms and academic institutions also contribute to AstraZeneca's R&D unit. Within North America, such collaborations broaden the range of exploratory research and allow access to a wider base of scientists and technologies. |
AstraZeneca's development resources and capabilities are aligned with disease therapy, which includes concept testing, clinical evaluation, dosage form preparation, and regulatory documentation. |
Its R&D employees consist of specialists in informatics, genomics, chemical technologies and other enabling sciences and technologies. |
AstraZeneca is one of the top investors in pharmaceutical research and development in the world. Last year, the company spent $3.8 billion on R&D. |
AstraZeneca's Global R&D organization is headquartered in Sodertalje, Sweden. It has generated a consistent flow of new prescription medicines to the market and has enhanced the company's existing products portfolio globally. |
The company's direct R&D operations in India based at Bangalore is now fully dedicated to tuberculosis drug research. |