Ranbaxy Laboratories to Be Aided in Drug Research

by VR Sreeraman on  December 18, 2006 at 6:09 PM Drug News
RSS Email Print This Page Comment bookmark
Font : A-A+

Ranbaxy Laboratories to Be Aided in Drug Research
The department of science and technology will provide soft loans to pharmaceutical major Ranbaxy Laboratories to develop new drugs and carry out clinical trials, the company said Monday.

Under the pact with the department, which is under the science and technology ministry, Ranbaxy will undertake research for development of therapeutic drugs for anti-infective and inflammation problems.

"Two new drug discovery research (NDDR) programmes in the therapeutic areas of anti-infective and inflammation have been identified under the agreement.

"The funding will enable Ranbaxy to conduct pre-clinical toxicity and safety studies of the company's new chemical entities in these areas," the statement added.

Favourable results from these studies would help Ranbaxy to develop and provide new drugs for the market.

"This public-private partnership will enable research-oriented companies like Ranbaxy to explore and develop innovative medicines at affordable costs and thereby combat diseases more effectively," said Pradip Bhatnagar, vice president of NDDR at Ranbaxy.

The department is implementing the two new NDDR programmes under an aegis launched in 1994-95 to provide loans to in-house research laboratories and scientific and industrial research bodies.

In 2004, the department expanded the support programme to extend loans at a simple interest of three percent to research and development projects in the pharmaceutical industry.

Source: IANS
SRM

Post a Comment

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
Notify me when reply is posted
I agree to the terms and conditions
anupama_saraswat

sir,i m anupama saraswat.i m prsuing m.sc biotech from ptu.i want to do 3 months project in ur company...so plz giive me detail about training work..and hw can we apply.i shall be highly obliged to u. my email id [email protected]

priyanka09

sir, I m Priyanka singh . i m doing B.Tech [biotechnology] nd m in 4th yr frm NIET jaipur . I want to do 6 month project work in ur company so plz give me details abt training work nd hw can i apply. nd i waana do my training frm january to june. my e.mail id is [email protected]

afroz86

respected sir; i m afroz alam khan i m doing m;sc microbiology from H.N.B. Garhwal a central university .i want to do 3month project work in ur company...so plz give me detail about training work..and how can apply. my email Id [email protected] and my contact no. 8430375850 or 7895139148

priyakhushi

respected sir,i m priyanka jain .i m doing m.sc biotechnology from jaipur national university ,jaipur .. i want to do 5 month project work in ur company ..so please give me detail about training work ..and how can apply ..i will be highly obliged to u for giving me information ..

fiza.30.143

Respected sir, I am kr. AMRITA PRITAM doimg M.Sc in BIOCHEMISTRY from JAIPUR NATIONAL UNIVERSITY, JAGAPURA [JAIPUR].I have 4 month desertation work. so please give me detail knowledge about the training program which are going on in your laboratory and tell me how can i apply for your project program. i will be highly obliged to you for giving me information about your laboratory

View all Comments

More News on:

Drug Toxicity Clinical Trials - Different Phases of the trial Signature Drug Toxicity 

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Stay Connected

  • Available on the Android Market
  • Available on the App Store

Facebook

News Category

News Archive