Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Google
Web www.equitybulls.com
Stock Report

| More

Schrödinger and SPARC announce Collaboration to accelerate Neurodegeneration Drug Development Program

Posted On: 2018-12-03 08:24:43

Schrödinger and Sun Pharma Advanced Research Company Ltd. (SPARC) (Reuters: SPRC.BO, Bloomberg: SPADV IN, NSE: SPARC, BSE: 532872) today announced a research collaboration to accelerate the discovery of novel CNS therapeutics by leveraging Schrödinger's advanced computational platform and SPARC's extensive drug development expertise and insights in neurodegeneration.

Schrödinger, a privately held company committed to revolutionizing drug discovery through advanced molecular simulation, will focus on lead discovery and optimization. SPARC, a clinical-stage company focused on improving patient care through innovation, will be responsible for compound synthesis and assays.

"This research collaboration is particularly exciting because neurodegeneration is an area where we urgently need more options for patients through novel approaches to drug discovery and development," said Ramy Farid, Ph.D., president and CEO of Schrödinger. "SPARC has been working with leading academic researchers to explore pathways relevant to disorders of the central nervous system, and their insights are quite compelling. Teaming up will allow us to rapidly interrogate therapeutic compounds that target these pathways."

"We have used Schrödinger's software for years and have experienced directly the power of their physics-based approaches to computational modeling, so we're delighted to form a collaboration that lets us tap into the expertise of their drug discovery team as well," said Anil Raghavan, CEO of SPARC. "At SPARC, we're committed to fueling innovation through both internal R&D and strategic partnerships with industry leaders, and this collaboration is a strong step in that direction. By working together, we can greatly accelerate the pace of innovation."

Shares of SUN PHARMA ADVANCED RESEARCH COMPANY LTD. was last trading in BSE at Rs.258.75 as compared to the previous close of Rs. 251.75. The total number of shares traded during the day was 55078 in over 1249 trades.

The stock hit an intraday high of Rs. 261.3 and intraday low of 251. The net turnover during the day was Rs. 14218378.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

Punjab & Sind Bank declares Financial Results for the Quarter/ Year Ended 31.03.2019

Excel Industries Ltd Board approves Dividend of Rs. 18.75

NGL Fine-Chem Ltd board recommends final dividend of Rs. 1.75

NCC Ltd Board recommends Dividend of Rs. 1.50 for FY19

Dixon Technologies India Ltd Board recommends Final Dividend of Rs. 2

Housing and Urban Development Corporation Ltd Board approves Dividend for 2018-19

PNC Infratech Ltd Board approves Dividend of Rs. 0.50

Zuari Global Ltd Board recommends Dividend of Rs. 1 for 2018-19

BATA India Ltd Board recommends Dividend of Rs. 6.25 for FY19

Whirlpool of India Ltd Board recommends Dividend for FY 2018-19

Grasim Industries Ltd Board recommends Dividend of Rs. 7

Meghmani Organics Ltd Board recommends Final Dividend of Rs. 0.40 for FY19

Ashok Leyland Ltd Board recommends Dividend of Rs. 3.10

Pudumjee Paper Products Ltd Board approves Dividend of Rs. 0.15 for 2018-19

H G Infra Engineering Ltd Board approves Dividend of Rs. 0.50

Page Industries Ltd Board approves Dividend of Rs. 41

Ponni Sugars Erode Ltd board recommends Dividend of Rs. 2 for 2018-19

Kaira Can Co Ltd Board recommends Dividend of Rs. 6.50

Sudarshan Chemical Industries Ltd Board recommends Dividend of Rs. 6

Varroc Engineering Ltd announces Q4 & FY19 results

Zenith Fibres Ltd Board recommends Dividend for 2018-19

Varroc Engineering Ltd board recommends dividend of Rs. 4 for 2018-19

Ashoka Buildcon Limited Consolidated Revenue crossed Rs 5,000 Crores in FY19

Lancer Container Lines Ltd declares Q4, FY19 results

CG-VAK Software & Exports Ltd Board approves Dividend for FY 2018-19

DIL LTD Board recommends Final Dividend of Rs. 1.25

Welspun India Ltd Bord recommends Dividend of Rs. 0.30

HeidelbergCement India Ltd Board approves Dividend of Rs. 3

Vardhman Holdings Ltd board recommends dividend of Rs. 5 for FY19

Emmbi Industries Ltd Board recommends Dividend for 2018-19

Unichem Laboratories Ltd Board recommends Dividend of Rs. 4 for FY2018-19

Panama Petrochem Ltd Board recommends Dividend of Rs. 1.20 for FY19

Kaycee Industries Ltd Board recommends Dividend of Rs. 10 for 2018-19

Salzer Electronics Ltd board recommends dividend of Rs. 1.60 for 2018-19

AMJ Land Holdings Ltd Board approves Dividend of Rs. 0.30 for 2018-19

Empire Industries Ltd board recommends dividend of Rs. 25 for 2018-19

Advanced Enzyme Technologies Ltd announces Financial Results for the quarter and year ended March 2019

Kridhan Infra Ltd arm files for insolvency in Singapore

Infosys Completes Formation of Strategic Partnership with ABN AMRO in the Netherlands

Genesys International Corporation Ltd Board approves Dividend for 2018-19

I G Petrochemicals Ltd reports Q4, FY19 results

ITD Cementation India Ltd board recommends dividend of Rs. 0.40

Prima Plastics Ltd board approves dividend of Rs. 1 for FY19

Acrysil Ltd Board approves Dividend of Rs. 1.20

Munjal Auto Industries Ltd Board approves Dividend of Rs. 1

Ramco Systems FY19 revenue grows 16% and Net Profit by 45% in INR

IG Petrochemicals Ltd Board approves Dividend for FY19

Balaji Telefilms Ltd Board recommends Final Dividend for 2018-19

Sagar Cements Ltd Board recommends Dividend of Rs. 2.50

Asian Star Company Ltd board recommends dividend of Rs. 1.5







Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019