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SPARC, Schrdinger announce research collaboration for novel CNS therapeutics

Press Trust of India  |  New Delhi 

Sun Pharma Advanced Research Company (SPARC) and advanced molecular simulations provider firm announced a research collaboration to accelerate the discovery of novel central nervous system (CNS) therapeutics.

This collaboration will leverage Schrdinger's advanced computational platform and SPARC's extensive expertise and insights in neuro-degeneration, the companies said in a joint statement.

Commenting on the development, Schrdinger said, "This research collaboration is particularly exciting because neuro-degeneration is an area where we urgently need more options for patients through novel approaches to and development."

SPARC has been working with leading academic researchers to explore pathways relevant to of the central nervous system, and their insights are quite compelling, he added.

SPARC said, "At SPARC, we're committed to fuelling innovation through both internal research and development and strategic partnerships with industry leaders, and this collaboration is a strong step in that direction."

Shares of were trading at Rs 249 per scrip on BSE, down 4.21 per cent from its previous close.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 03 2018. 14:20 IST