New Delhi based Morepen Laboratories Limited has entered into a collaborative research agreement with the National Institute of Pharmaceutical Education and Research (NIPER) on monoclonal antibodies and bio-pharmaceuticals.
The programme would focus on research in the fields of medicinal chemistry, lead identification, lead validation and lead optimisation, besides research and development in the areas of New Chemical Entities, a company release said.
The collaborative program would also focus on research on monoclonal antibodies and proteins to generate new Biopharmaceuticals. A combinatorial chemistry laboratory and HTS facility will also be established to undertake contract research program and to generate libraries of compounds for biological screening. This decision has been taken on recommendation of McKinsey & Company, which has submitted an extensive report on potential research areas of medicinal chemistry and biotechnology.
Sushil Suri, CMD, Morepen Labs and Dr. C.L. Kaul, Director, NIPER signed the agreement. NIPER is the first national level Institute in pharmaceutical sciences that has a proclaimed objective of becoming a center of research in pharmaceutical sciences. NIPER has a distinction of being declared as "Institute of National Importance" by government of India and at present provides leadership in Pharmaceutical sciences and related areas not only within country, but also to the countries in South East Asia, South Asia and Africa.
Sushil Suri, Chairman and Managing Director, Morepen Laboratories said, "After filing many product and process patents (PCT) for high value molecules like Atorvastatin Calcium and Desloratadine, we are now concentrating on Medicinal Chemistry and Biopharmaceuticals. NIPER is one of the most reputed and respected Institutes in pharmaceutical sciences in the country. I am sure with their support and dedication, we shall be able to make path-breaking discoveries."
Morepen has recently filed a process patent for Desloratadine and Atorvastatin Calcium and is in process of filing DMF for both the blockbuster molecules. The company's Board of Directors approved the GDR issue, for which documents have already been filed at Luxembourg Stock Exchange and are in advanced stages of approval.
The key scientists of NIPER would also be involved in the program closely. Under the terms of agreement, the company will utilize a gamut of NIPER's specialized services. Besides using the services of laboratories at the NIPER campus at Mohali (Punjab), the company will also utilize the services of their instruments and clinical testing services, for research in herbal products based on traditional knowledge of medicines to develop new therapeutic agents.