Pharma biggies tie up with foreign firms
Leading Indian pharmaceutical companies such as Nicholas Piramal, Orchid Chemicals and Jubilant Organosys, have tied up with foreign companies to leverage technology, talent and cost-benefits to develop new chemical entities (NCE). Zydus Cadila, the latest to join the bandwagon, announced on February 4 a collaboration with Karo Bio of Sweden, an upcoming drug discovery company with expertise in nuclear receptors (a group of specific drug targets), structural biology and drug design. FOREIGN AID