Business Daily from THE HINDU group of publications
Thursday, Mar 15, 2007
ePaper
Business Daily from THE HINDU group of publications Thursday, Mar 15, 2007 ePaper |
|
|
|
|
|
|
|
Corporate
-
Alliances & Joint Ventures GVK Bio forms joint venture with INC Research Our Bureau
Hyderabad March 14 GVK Biosciences (GVK BIO) has entered into a 50:50 joint venture with INC Research (INC) to form INC GVK BIO Pvt Ltd. The venture will establish a dedicated resource capability to offer Phase I-IV clinical development programmes in India for INC's global clients. The joint venture will enable INC Research to conduct its global clinical trials in the areas of Oncology, CNS, Infectious Diseases and Paediatrics involving Phase I-IV studies. GVK BIO currently provides contract research services to a rapidly growing base of global pharmaceutical and biotechnology companies. Commenting on the new initiative, Mr G.V. Sanjay Reddy, Chief Executive Officer, GVK BIO, said, ``The joint venture provides an opportunity for GVK BIO to gain access to INC Research's global reach while leveraging on its India-based Clinical Research capabilities''. Mr Kelvin Logan, President of INC Research Europe, stated, ``Our international base of operations has expanded strategically last year, with the addition of several new offices in Europe and now India. This joint venture will allow INC Research to further solidify and expand its presence within the world CRO market.''
More Stories on : Alliances & Joint Ventures | Research & Development | Pharmaceuticals
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2007, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|