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Lilly extends research pact with India firm

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Eli Lilly and Co. has extended a research agreement with Jubilant Organosys Ltd., a Bangalore, India-based drug firm, the companies announced Tuesday morning.

Jubilant and Indianapolis-based Lilly extended the collaboration, which began in 2005, by five years.

Under the pact, Jubilant will receive research funding and payments for reaching drug-discovery and development milestones. Lilly will own any compounds developed by the partnership and will be responsible for marketing them.

The partnership has already delivered multiple discovery milestones and preclinical drug candidates, the companies said.

Lilly and Jubilant also have a joint venture for early-stage drug development, Vanthys Pharmaceuticals, that was established in 2008.

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    Does this have any implications for research staff here in Indy?

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  1. If what you stated is true, then this article is entirely inaccurate. "State sells bonds" is same as "State borrows money". Supposedly the company will "pay for them". But since we are paying the company, we are still paying for this road with borrowed money, even though the state has $2 billion in the bank.

  2. Andrew hit the nail on the head. AMTRAK provides terrible service and that is why the state has found a contractor to improve the service. More trips, on-time performance, better times, cleanliness and adequate or better restrooms. WI-FI and food service will also be provided. Transit from outlying areas will also be provided. I wouldn't take it the way it is but with the above services and marketing of the service,ridership will improve and more folks will explore Indy and may even want to move here.

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