India's biotech industry is reporting a surge of new drug development collaborations as Big Pharma companies remodel their R&D strategies and look to cut costs and share risk. And the Indian developers are brokering lower research costs for an inside track on some early-stage programs.
"Partnerships now range from discovery to early clinical development, which have significant upsides even for the partnering firms," said Dr. CSN Murthy, the CEO of Aurigene Discovery Technologies, in an...