Dr. Reddy's Laboratories, Aurigene Pharmaceutical Services, And Kainomyx Sign Non-Binding MoU For Joint Development Of Affordable Anti-Malarial Drug
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Dr. Reddy's Laboratories, Aurigene Pharmaceutical Services, and Kainomyx have signed a non-binding MoU to jointly develop an affordable anti-malarial drug. This partnership combines Kainomyx's drug discovery expertise, Aurigene's drug development capabilities, and Dr. Reddy's commercialization strength, aiming to address malaria in low- and middle-income countries, as well as the US and Europe.
August 20, 2024 | 6:43 pm
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Dr. Reddy's Laboratories has signed a non-binding MoU with Aurigene and Kainomyx to develop an affordable anti-malarial drug, leveraging its commercialization capabilities in various markets.
The partnership could enhance Dr. Reddy's product portfolio and market reach, especially in low- and middle-income countries. The focus on a global health issue like malaria may positively influence investor sentiment.
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