July 03, 2026 03:14 am (IST)
Akaal Pharma, Australia extends collaboration with GVK BIO
Kolkata, July 1 (IBNS): Asia's leading Discovery Research and Development organization, GVK BIO, announced the extended collaboration with Melbourne, Australia based clinical stage biopharmaceutical company, Akaal Pharma Pvt Ltd for the scale-up of its novel topical AKP-11 ointment to support Phase II clinical study in psoriasis.
GVK BIO’s Formulation Development business unit in Bengaluru has developed robust and scalable process for novel topical AKP-11 ointment.
GVK BIO plans to support clinical studies of Akaal Pharma’s topical psoriasis drug by providing clinical supplies, manufacturing and analytical support. Discussions are also on-going to work towards exploring appropriate commercialization packaging and various formulations for the topical use in other inflammatory diseases.
Seetharaju Gembali, Senior Vice President, Formulation R&D of GVK BIO, said: “Strengthening of our partnership with Akaal Pharma is testimonial to our expertise in the Formulation Development and we look forward to working with other clients.”
Dr. Dale Dhanoa, CEO of Akaal Pharma, said: “We have had a very efficient CRO relationshipwith GVK for our clinical trials supplies support due to GVK BIO’s experience, capabilities and facilities. We areexcited to advance our First-in-Class multimodal acting topicaldrug candidate AKP-11 into Phase 2 stage of clinical developmentfor the treatment of psoriasis. There are several other inflammatory diseases that we are targeting with our clinical compound and are currently exploring various formulations for its topical applications.”
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
Latest Headlines
Government revives IDBI Bank privatisation; mega Rs 55,000 crore deal back on track
Thu, Jul 02 2026
India-US trade deal almost done! Piyush Goyal hints at breakthrough
Thu, Jul 02 2026
From rally to rout: Zee Entertainment shares crash after denying Rs 418 crore FDI report
Thu, Jul 02 2026
Renault India sustains growth momentum; June wholesales rise 55%
Wed, Jul 01 2026
Mahindra’s Trucks & Buses Business sells 3249 vehicles in June 2026
Wed, Jul 01 2026
Mahindra farm equipment business sells 58,177 Tractors in June 2026
Wed, Jul 01 2026
Ashok Leyland unveils India’s first air suspension trucks — A game-changer for heavy loads
Wed, Jul 01 2026
NEWS-BUSINESS-BANK OF BARODA
Wed, Jul 01 2026
