Hotline: 1800 102 2007
X
Search Business Opportunities
Partnership 2015-04-24

Pharma major Zydus collaborates with US-based NIAD research centre to develop vaccine

Leading Zydus Pharmaceuticals have collaborated its R&D subsidiary Etna Biotech with US-based National Institute of Allergy and Infectious Diseases (NIAD) to develop a vaccine against visceral leishmaniasis (VL) or Kala-Azar in India.

Pharma major Zydus collaborates with US-based NIAD research centre to develop vaccine

Pharmaceuticals major Zydus recently announced that its R&D subsidiary Etna Biotech will collaborate with US-based National Institute of Allergy and Infectious Diseases (NIAD) to develop a vaccine against visceral leishmaniasis (VL), known as Kala-Azar in India.

Etna Biotech will also donate $2,40,000 for advancing research under the NIH leishmaniasis programme.

Reportedly, Zydus disclosed the collaboration news in a BSE filing, and noted, "Under a separate agreement, Etna Biotech also extended its support of the NIH leishmaniasis programme by donating $2,40,000 for research.”

Zydus Cadila, a global pharmaceutical company that discovers, manufactures and markets a broad range of healthcare therapies, is headquartered in Ahmedabad city of Gujarat.

Meanwhile, Pankaj R Patel, Chairman and Managing Director of Zydus Group told mediapersons, "Zydus is proud to collaborate with US NIH to solve the increasing worldwide disease burden of visceral leishmaniasis and to move forward to put a basis for the successful development of a novel candidate vaccine for visceral leishmaniasis."

The Zydus Group employs over 16,500 people worldwide, including over 1,600 scientists, who are involved in R&D for the company. Cadila Healthcare is a part of Zydus Group.
 

Comment
Related opportunities
  • Bakery & Confectionary
    About Us:  In 2015, started by Mr. Manu Ranganathan with a..
    Locations looking for expansion Tamil nadu
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Chennai Tamil nadu
  • Competitive Exam Coaching Institute
    About Us Edutalent is an education startup founded in 2017 by..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Three wheeler (Auto) showroom
    About Us: Funded by Paytm, rocketship.vc & Snow Leopard Technology Ventures,..
    Locations looking for expansion Chandigarh
    Establishment year 2014
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 00
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chandigarh Chandigarh
  • Others Health Care & Fitness
    About Body Building India Body Building India is a well-known name..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 250 - Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater New Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts