Hyderabad, India (PressExposure) October 16, 2009 -- GVK Biosciences (GVK BIO) along with Wyeth Research won the prestigious European Outsourcing Award 2009 for the Best New Partnership. The award was received by Manni Kantipudi, President, GVK BIO at a ceremony held at the Intercontinental Grand, Madrid, on 14th October. GVK BIO-Wyeth came out as winners amongst several competing entries.
Earlier in the year, GVK BIO had filed its nominations under two categories âBest New Productâ and the âBest New Partnership/Acquisition/Mergerâ. GVK BIOâs entry for the âBest New Productâ was its innovative âClinical Biomarker Databaseâ developed together with a Big Pharma and the US FDA. âGVK BIO â Wyeth: Value co-creatorsâ was GVK BIOâs nomination for the âBest New Partnershipâ. GVK BIO were declared finalists in both categories.
âWe are delighted to have won the Best New Partnership Award along with our partner, Wyeth Research. This award is recognition of the dedication and commitment of our employees in understanding and delivering to our customersâ expectations. We are proud that we have been considered alongside with Wyeth and thank them for their faith and commitment to this collaborationâ said Manni Kantipudi, President, GVK Biosciences.
The nomination for the Best New Partnership was put together by GVK BIO and Wyeth. It covered the GVK BIO-Wyeth trendsetting deal of 150 synthetic chemistry deal in 2006, further expansion of the collaboration to chemoinformatics and modeling. In 2008, Wyeth and GVK BIO entered into a collaboration based on a risk sharing model to identify and optimize lead series.
About European Outsourcing Awards Launched in 2005, The European Outsourcing Awards recognize new and significant developments in Contract Services and reward successful companies for their outstanding contributions throughout the year. The Awards recognize excellence in R&D, marketing, business and technology across the pharmaceutical outsourcing, biopharmaceutical and clinical trial industries. The awards function is alongside the annual CPhI/ICSE/PMEC .
For further information, please contact: Sharada Alvakonda Dy. General Manager â Corporate Communications GVK Biosciences Private Limited Hyderabad W http://www.gvkbio.com T 91 40 66929998 E firstname.lastname@example.org