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Jubilant
Organosys Ltd,
headquartered in Noida, announced today that its
subsidiaries Jubilant Biosys Ltd (Bangalore based) and
Jubilant Chemsys Ltd (Noida based) have entered into three
way drug discovery partnership with Orion, a leading
pharmaceutical company of Finland. Under this “Hybrid &
Integrated” arrangement, Orion will have the option of
utilizing resources flexibly from both Jubilant Biosys Ltd
and Jubilant Chemsys Ltd based on the requirements of its
drug discovery projects.
Commenting on the development,
Sri Mosur,
CEO & President, Jubilant Biosys, said,
"We are very pleased to partner with Orion and offer our
integrated Discovery services enabling the discovery efforts
at Orion. Jubilant's Flexible and Hybrid platform of
innovative discovery chemistry, biology and insilico
services demonstrates its ability to customize and
accelerate global drug discovery efforts. It will be our
continued endeavor to enable creative partnering models
supporting our scientific capabilities.”
This
arrangement bears testimony to the expertise of Jubilant
Biosys and Chemsys scientists. A strong team comprising
Biologists and Chemists will be engaged in carrying out
research on Orion’s projects at the two subsidiaries as per
the need of the projects.
Expressing their pleasure with the partnership, Dr Antti
Haapalinna, Vice President, Research, R&D of Orion
Corporation
said," We are happy to partner with Jubilant and are
confident of scaling up our drug discovery programs with
support from their scientific team. Through this
partnership, we would achieve a good basis for success as it
would complement our in-house discovery effort."
Notes to the Editors
About Jubilant Biosys
Jubilant
Biosys Ltd. (www.jubilantbiosys.com) is a subsidiary of
Jubilant Organosys Ltd., which provides integrated drug
discovery and development solutions to the global
pharmaceutical industry. The 120,000 sq. ft. state of the
art Jubilant Biosys Center in Bangalore integrates the
capabilities of over 300 scientists specializing in multiple
disciplines including biology, chemistry, structural
biology, pharmacology, molecular modelling, crystallography
and information technology to support collaborations with
global pharma companies in USA, Europe and Japan.
About Jubilant Chemsys
Jubilant
Chemsys Ltd. is a subsidiary of Jubilant Organosys Ltd.,
which provides medicinal chemistry and synthetic chemistry
services to the global pharmaceutical industry. The 85,000
sq. ft. state of the art facilities’ based out of Noida has
over 300 scientists specializing in chemistry across various
chemical classes and is associated with over 40 customers
across the globe.
About Jubilant Organosys
Jubilant
Organosys Ltd. is an integrated pharmaceutical industry
player, one of the largest custom research and manufacturing
services (CRAMS) and drug discovery and development services
companies out of India. The company has a presence across
the pharmaceutical value chain for products and services
such as proprietary products ,exclusive synthesis, active
pharmaceutical ingredients, contract manufacturing of
sterile injectables (liquids and lyophilized) products, non-steriles
(ointments, creams and liquid) and radiopharmaceuticals,
drug discovery services, medicinal chemistry services,
clinical research services ,generic dosage forms and Health
Care. Jubilant Organosys has geographically diversified
manufacturing facilities at ten locations worldwide.
Together, these help Jubilant cater to 150 customers across
more than 50 countries around the world. For more
information, please visit
www.jubl.com
About
Orion
Orion
Corporation is a Finnish listed company, which develops,
manufactures and markets pharmaceuticals, active
pharmaceutical ingredients and diagnostic tests for global
markets. Orion has been building well-being for over 90
years. Pharmaceuticals account for about 95% of Orion’s net
sales, of which a considerable part comes from proprietary
patented pharmaceutical innovations. Orion carries on
intensive research with the aim of introducing new
innovative treatments to global markets. The core therapy
areas in Orion’s product and research strategy are central
nervous system, oncology and critical care, respiratory
medicines administered with the Easyhaler device.
In
global marketing, Orion collaborates through in
licensing partnerships with other pharmaceutical companies.
Stalevo® and Comtess®/Comtan®, for Parkinson’s Disease, are
the largest products by sales in Orion’s portfolio. These
products are marketed in collaboration with Novartis, and
they are the most significant globally marketed products for
Orion.
Orion
also has a large portfolio of generic, off-patent
prescription medicines, hospital treatments and self-care
products. These products are sold mainly in Finland, other
Nordic countries, the new EU countries and Germany.
For more
information, please visit
www.orion.fi/english
---ENDS---
For more information on release, contact:
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Jubilant Organosys Limited |
Jubilant Organosys Limited |
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1-A, Sector 16-A, Institutional Area |
1-A, Sector 16-A, Institutional Area |
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Noida - 201301 (UP) |
Noida - 201301 (UP) |
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Ph: +91-120-4361062 |
Ph: +91-120-4361114 |
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Mobile - +91-9810631779 |
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Email:
seema_ahuja@jubl.com |
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IR Agency |
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Imprimis Life PR |
Citigate Dewe Rogerson |
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Priyanka Bhattacharji |
Siddharth Rangnekar |
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+91 9811698914 |
Tel: +91 -22 4007 5005 |
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email:pbhattacharji@imprimispr.com |
Fax: +91-22- 2284 4561 |
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E-mail:
siddharth@cdr-india.com
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For Business Queries |
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Saurabh Kapure |
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Senior Manager Business
Development |
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Jubilant Biosys and Jubilant
Chemsys Ltd. |
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Direct: +91-80-6662 8852 |
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Fax:+91-80-66628333 |
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e-mail: saurabh_rk@jubilantbiosys.com |
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Disclaimer:
Statements in this
document relating to future status, events, or
circumstances, including but not limited to statements about
plans and objectives, the progress and results of research
and development, potential product characteristics and uses,
product sales potential and target dates for product launch
are forward-looking statements based on estimates and the
anticipated effects of future events on current and
developing circumstances. Such statements are subject to
numerous risks and uncertainties and are not necessarily
predictive of future results. Actual results may differ
materially from those anticipated in the forward-looking
statements. Jubilant Organosys may, from time to time, make
additional written and oral forward looking statements,
including statements contained in the company's filings with
the regulatory bodies and our reports to shareholders. The
company assumes no obligation to update forward-looking
statements to reflect actual results, changed assumptions or
other factors.
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