Piramal Life's drug discovery with govt starts phase-II | india | Hindustan Times
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Piramal Life's drug discovery with govt starts phase-II

india Updated: Jul 15, 2011 15:17 IST

Reuters
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The federal government's department of biotechnology (DBT) and Piramal Life Sciences have started the second phase of drug discovery partnership to find new drugs from 14,000 bio-active cultures, Piramal Life Sciences said on Friday.

The bio-active cultures were discovered in a nationwide search for new drugs from bio-diverse habitats in collaboration with nine national institutes, it said in a statement.

The project has achieved rapidity and 1,000 extracts out of the 14,000 would be evaluated within the next one-and-half years to obtain lead molecules, it said.

The project has been jointly funded by the DBT and Primal Life Sciences, it said without disclosing financial details.