UK's Helperby in deal with Cadila on ARB research and commercialization

14 November 2013

Privately-held Indian drugmaker Cadila Pharmaceuticals and UK based antibiotics discovery company, Helperby Therapeutics have signed a joint agreement on antibiotic drug resistance R&D, reports the Economic Times of India and other local media.

The deal value was undisclosed but could contribute to Helperby scaling up in the UK to a potential £500-million (around $800 million) operation, creating employment for 500-1,000 people by 2019, according to The Hindu newspaper.

These new compounds are called antibiotic resistance breakers (ARBs). When an ARB is combined with an old obsolete antibiotic, it can rejuvenate it and make it active against highly resistant bacteria. ARBs can potentially rescue several different classes of antibiotics. Furthermore, this approach requires the development of fewer novel compounds, is less risky and less costly than the traditional "one antibiotic" route.

Travelling with British Prime Minister David Cameron’s trade delegation to India this week, Helperby signed its first major licensing deal with Cadila to take the compound through further clinical trials, approvals and into commercialization. Helperby will supply Cadila with ARBs, while the latter will develop combinations with old antibiotics.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical