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Suven, US Firm to Develop Cardiovascular Drugs (India)

This article was originally published in PharmAsia News

Executive Summary

India's Suven Life Sciences has announced that it plans to sign a formal drug-development deal with a yet-to-be-named major, U.S.-based pharmaceutical company. As part of the alliance, both companies will take new cardiovascular drugs from drug discovery through the preclinical stage of testing. In preparation for the agreement, Suven will increase the size of its drug development center by about 500 researchers. Suven has also announced it will be expanding its research and development deal with Eli Lilly. Currently, the two companies work together on several potential drugs for central nervous system disorders such as Alzheimer's, schizophrenia, and depression. (Click here for more

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