Syngene International extends long-term research collaboration with Bristol Myers Squibb until 2035
Syngene International, a global
contract research, development, and manufacturing organization (CRDMO), today
announced the extension of its long-standing strategic collaboration with
Bristol Myers Squibb through 2035. The expanded agreement broadens the scope of
integrated services across the drug development lifecycle spanning discovery
(chemistry, biology, drug metabolism and pharmacokinetics), translational
sciences, pharmaceutical development and manufacturing, clinical trials, data
and information technology services to enable seamless progression from
research to commercialization. The expansion of this collaboration marks the
next phase of growth, reinforcing Syngene’s position as a strategic partner
delivering integrated, end-to-end scientific and manufacturing solutions.
Peter Bains, Managing
Director and CEO, Syngene International Ltd., said, "Our collaboration with Bristol Myers Squibb,
which now spans more than 25 years, is anchored in scientific excellence,
operational reliability, and a shared commitment to advancing innovative
therapies. The agreement to extend this partnership through 2035 enables us to
plan together for the future in terms of building new capabilities and
infrastructure with a decade long horizon. Taking a long-term perspective is a
key feature of our partnership which adds strategic value to both companies. We
look forward to supporting BMS with their next wave of discovery, development,
and manufacturing programs that have the potential to improve patient outcomes
worldwide."
Payal Sheth, Senior Vice
President, Therapeutic Discovery Sciences, Bristol Myers Squibb, said, “At Bristol Myers Squibb, everything we do begins
with patients. We greatly value our long-standing partnership with Syngene,
which has been instrumental in advancing our scientific ambitions. This
expanded collaboration reflects our commitment to advancing innovative science
by effective integration of our research, development, and manufacturing
capabilities to accelerate the delivery of transformative medicines and bring
hope to patients around the world who are waiting for new treatment options.”
The collaboration between
Syngene and Bristol Myers Squibb began in 1998, culminating in the
establishment of the Biocon Bristol Myers Squibb Research and Development
Center (BBRC), Syngene’s first dedicated R&D Center, which was fully
commissioned in 2009. Over the years, the BBRC has evolved into a major
strategic R&D site for Bristol Myers Squibb, supporting integrated
capabilities across target identification, lead discovery, lead optimization,
pharmaceutical development, molecular and cell biology, protein sciences, assay
biology and clinical biomarkers. The center, which today houses around 700
Syngene scientists working as an extension of Bristol Myers Squibb’s global
research organization, contributes to discovery, preclinical development, and
patent filings across therapeutic areas including cardiovascular, fibrosis,
immunology, and oncology.
Since its inception, BBRC has
played a pivotal role in accelerating the progression of novel compounds from
early discovery to first-in-human studies, thereby helping reduce development
timelines and overall costs for Bristol Myers Squibb.
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