BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

DiscoveRx Corporation & Jubilant BioSys Ltd. Announce Co-Marketing Agreement for Screening Services


1/11/2010 8:46:11 AM

BANGALORE, India, January 11 /PRNewswire-FirstCall/ -- Jubilant Biosys Limited, based in Bangalore, an integrated Drug Discovery and Development solution provider, a subsidiary of Jubilant Organosys Ltd, headquartered in Noida, announced today that it has entered into a co-marketing agreement to provide screening solutions, with DiscoveRx Corporation (Fermont, USA), a premier provider of innovative cell based assay solutions for GPCR, Kinases, NHR and Proteases.

This agreement allows Jubilant access to DiscoveRx PathHunter(TM) and cAMPHunter(TM) cell lines and proprietary EFC chemiluminescent detection technology to perform screening on behalf of Jubilant's customers. The agreement also enables DiscoveRx to expand its platform technology to offer screening solutions from India.

DiscoveRx's PathHunter(TM) ss-Arrestin and HitHunter(TM) cAMP assays are homogeneous chemiluminescent assays which are rapidly becoming GPCR screening platform of choice for screening and profiling applications. Jubilant's demonstrated capabilities in discovery research state of the art medicinal chemistry, modeling, structural biology and screening facilities including High Throughput screening facility supported by automated compound management and visualization tools coupled with the DiscoveRx award winning assay platform offers global pharmaceutical companies access to cost effective screening and lead generation services that will enable and accelerate global drug discovery efforts.

Commenting on the Collaboration, Dr. Kailash Swarna, COO, Global Drug Discovery, at Jubilant Biosys said:

"We are pleased to announce this agreement with DiscoveRx, and look forward to the prospect of providing value to our customers using DiscoveRx PathHunter(TM) and HitHunter(TM) technologies. This partnership continues to demonstrate Jubilant's mission to partner with leading technology providers that provide access to cutting edge and innovative solutions to accelerate global drug discovery efforts with our collaborators."

Pyare Khanna, President and CEO, DiscoveRx Corporation says,

"DiscoveRx constantly strives to provide our truly innovative solutions to screening community. We are determined to help expedite the drug discovery processes and are delighted with this relationship with Jubilant. Our customers require an easy access to our innovative product portfolio and such partnerships will add value to our efforts of bringing industry leading portfolio of PathHunter(TM) and HitHunter(TM) GPCR assays to a broader audience."

About DiscoveRx Corporation

Founded in 2000, DiscoveRx is a privately held, venture-backed company headquartered in Fremont, California, with an additional office in Birmingham, England. The Company pioneered the use of B-galactosidase enzyme fragment complementation in biochemical and cell based assays for discovery research, and holds extensive intellectual property in this area. DiscoveRx is dedicated to the development and commercialization of innovative solutions to study GPCRs, Kinases and other major drug target classes, and many of their innovative products have been widely adopted in pharmaceutical and biotech drug screening laboratories worldwide. The Company is also a recipient of two Frost and Sullivan 2008 awards: Award for Innovation in North American Healthcare Market as well as a European Product Line Strategy Award for it's GPCR Cell Based assay portfolio. For more information on DiscoveRx products, please visit http://www.discoverx.com.

About Jubilant Biosys:

Jubilant Biosys Ltd., a subsidiary of Jubilant Organsys Ltd., provides integrated drug discovery and development solutions to the global pharmaceutical industry. Jubilant Biosys has an integrated state of the art facility in Bangalore. The Center houses over 450 scientists specializing in multiple disciplines to include Discovery biology, medicinal chemistry, structural biology, pharmacology, toxicology, pharmacy chem., molecular modeling, crystallography and information technology supporting discovery efforts. For more information please visit: http://www.jubilantbiosys.com

CONTACT: Contacts: DiscoveRx Corporation, Sailaja Kuchibhatla, Sr. VP
Business Development, DiscoveRx Corp. skuchibhatla@discoverx.com;
+1-510-979-1415 ext. 104, Jubilant Biosys Ltd. Esha Kakkar, Executive -
Corporate Planning, Jubilant Biosys Ltd. Ph: +91-80-66628683,
esha_kakkar@jubilantbiosys.com



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES