This is the second collaboration between Sun Pharma and ICGEB focusing on dengue. The first one was related to the development of a botanical drug for treatment of dengue.
As per the agreement, Sun Pharma will fund and support further development of the vaccine candidate and existing ICGEB know-how and patents, Sun Pharma and ICGEB said.
ICGEB will grant Sun Pharma exclusive rights and licences for development and commercialisation of this vaccine globally, they added.
The new collaboration with ICGEB for developing an affordable dengue vaccine is part of the broader commitment for developing new and improved vaccines and drugs against flaviviruses that are of significant health importance to India and rest of the world, he added.
"Our decision to partner with ICGEB on dengue vaccine programme followed extensive due diligence and expert consultations on existing dengue vaccine programmes globally," Ganorkar said.
"Our pre-clinical data is very encouraging and this could be an ideal dengue vaccine candidate for all target populations," ICGEB Director Dinakar Salunke said.
A joint development committee comprising members of both the organisations will be set up to provide oversight to the dengue vaccine development programme, ICGEB and Sun Pharma said in a joint statement.
As per the agreement, "ICGEB will receive pre-defined royalty and milestone payments".
"ICGEB shall disclose and make available to Sun Pharma all such existing ICGEB know-how as well as effective completion of technology transfer by ICGEB to Sun Pharma within stipulated timeframe," the statement added.
The company will use its in-house expertise as well as that of its associate company, ARTES Biotechnology GmbH, in development of dengue vaccine, Sun Pharma said.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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