Jubilant Biosys Limited announces the merger with Jubilant Chemsys Limited

Jubilant Biosys Limited

PR84932

 

BENGALURU, India, July 28, 2020 /PRNewswire=KYODO JBN/ --

 

    Jubilant Biosys Limited ("Biosys"), a wholly owned subsidiary of Jubilant

Life Sciences Limited, today announced completion of the merger with its sister

company Jubilant Chemsys Limited, based in Noida, India. The combined entities

will now operate as Jubilant Biosys Limited.

 

    The merger will simplify operations and provide customers with a single

brand access for a wide range of discovery, IND and PR&D and GMP development

services. Biosys had earlier announced significant investment in building new

state-of-the-art research facilities in Greater Noida and in Bengaluru, India

to cater to increasing customer demand for its functional services (medicinal &

synthetic chemistry, structural biology, DMPK, Biology & GMP scale-up) and

notably integrated drug discovery services.

 

    Marcel Velterop, President- Jubilant Biosys Limited and CDMO, said: "We are

delighted to make this merger happen and focus our investments for growth to

expand both the chemistry as well as integrated drug discovery capabilities. It

provides clarity to customers and enables us to better deliver on our '4D'

promise of accelerating the discovery process through increased digitization of

our operations and information flow."

 

    About Jubilant Biosys Limited:

 

    Jubilant Biosys, a Bengaluru based wholly owned subsidiary of Jubilant Life

Sciences Ltd, offers contract research & development services for global

pharmaceutical innovators. Biosys has demonstrated expertise in functional

services such as Biology, DMPK, Toxicology as well as Medicinal Chemistry, PR&D

and GMP scale-up capabilities up to phase II. It has a proven track record of

delivering over 75 integrated programs in multiple therapeutic areas including

but not limited to Oncology, Metabolic Disorders, Pain & Inflammation, CNS and

expanding into Rare Diseases. Its sister company, TrialStat Solution Inc.,

provides an advanced EDC platform to accelerate clinical trials' data capture

and processing. For more info, please visit www.jubilantbiosys.com.

 

    Logo: https://mma.prnewswire.com/media/821405/Jubilant_Biosys_Logo.jpg

 

    Source: Jubilant Biosys Limited

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