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DRL,
Incyte Genomics in database sharing deal
Our Corporate Bureau
Hyderabad, Nov 20: In a bid to give a major impetus
to its research and development efforts, Dr Reddy’s Laboratories
Ltd (DRL) has entered into a collaborative agreement with
the US-based Incyte Genomics Inc, a leading genomic information
company, enabling the Group to get access to their databases.
Under the agreement, DRL and Reddy US, a wholly-owned subsidiary
of DRL, will have non-exclusive access to Incyte’s significant
intellectual portfolio of genes; however, the company has
not disclosed the financial terms of the agreement.
Reacting on the collaborative agreement,
DRL Group chairman Dr K Anji Reddy said, “In this post-genomic
era, we recognise that genome-based research is essential
for drug discovery”. With the expertise in drug discovery
and medicinal chemistry the Group already has, combined with
the information contained in the Incyte database, will lead
to important new pharmaceutical compounds, a confident Dr
Reddy said in a statement. “Researchers at DRL will be able
to cross-reference the data from SooSeq and LifeSeq to better
predict drug’s behaviour, efficacy and side effects”, Mr Roy
A Whitfield CEO of Incyte stated.
Incyte Genomics has two databases - LifeSeq Gold, a gene sequence
database and ZooSeq, an animal model database. Incyte has
developed genomic technologies designed to aid in the understanding
of the molecular basis of disease. The LifeSeq Gold database
provides researchers with a comprehensive view of the entire
human genome by integrating proprietary ‘expressed sequence
tag (EST)’ and full-length gene sequence information, mapping
data besides public genomic sequence information. The database
contains more than 120,000 gene transcripts of which nearly
half are not commercially available elsewhere, the DRL release
said.
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