-10.90 (-0.92%) Dr. Reddy's Laboratories’ wholly owned subsidiary -- Aurigene Discovery Technologies has collaborated with US-based EQRx. The partnership aims to accelerate the development of drugs candidates in the area of oncology and Immune- inflammatory diseases and improve global access to innovative medicines.
Under the terms of the collaboration agreement, Aurigene and EQRx will collaborate on drug discovery, pre-clinical and clinical development and commercialization. Aurigene will lead drug discovery and pre-clinical development efforts, and EQRx will assume responsibility for clinical development, manufacturing, regulatory and commercialisation efforts.
Dr. Reddy's Laboratories is a multinational pharmaceutical company based in Hyderabad, Telangana in India. It manufactures and markets a wide range of pharmaceuticals in India and overseas.