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Sep 27, 2006

Dr. Reddy’s and ClinTec International Will Work Together on Anticancer Compound

  • Dr. Reddy’s Laboratories and ClinTec International signed an agreement for the joint development of an anticancer compound. DRF 1042 was discovered by Dr. Reddy’s and belongs to the Topoisomerase inhibitors class of compounds.

    Dr. Reddy’s has completed Phase I trials for DRF 1042 in India. Under the terms of the agreement, Dr. Reddy’s and ClinTec International will conduct Phase II and Phase III trials. Dr. Reddy’s retains the commercialization rights for the U.S. and rest of the world, except ClinTec International’s territories that include most of Europe.

    On commercialization of the product, Dr. Reddy’s will receive royalty on sales by ClinTec International in its designated regions and ClinTec International will receive the royalty from U.S. sales from Dr. Reddy’s. If either party out-licenses the drug product, the proceeds will be shared by both the parties in a predetermined ratio, excluding Dr. Reddy’s territories outside the U.S. Dr. Reddy’s will also retain the exclusive rights to supply commercial quantities of the drug product.



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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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