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Advinus sets up US operations

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Executive Summary

Advinus Therapeutics, an Indian contract research services and discovery company, has commenced operations in the US. It has set up a wholly owned subsidiary, Advinus Therapeutics , with an office in Research Triangle Park, North Carolina. Advinus expects the US operations to help the company build on its client base and collaborations and also expand into new ones. Advinus already has a string of R&D alliances with Merck & Co, Ortho-McNeil-Janssen Pharmaceuticals and the Drugs for Neglected Diseases initiative, Geneva, among others. Advinus, which is part of India's diversified Tata group, has also appointed Dr Eric Nelson as global head of business development, marketing and strategy. Dr Nelson, who will be based out of the company's US office and will manage its operations there, joins Advinus from Tranzyme Pharma where he was vice president of business development and licensing.

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