The Chennai-based global pharma major, Orchid Chemicals & Pharmaceuticals Ltd . (Orchid) today announced that its wholly-owned Drug Discovery subsidiary in Chennai, Orchid Research Laboratories Ltd (ORLL) has been conferred the Frost & Sullivan Award for Partner of Choice in Contract Research - Collaborative Drug Discovery.
The "Partner of Choice Awards 2007" organized by Frost & Sullivan, recognize the best Indian Research and Manufacturing Services Capability in the Life Sciences arena and assess their Global Competitiveness. The companies that have been conferred the award are those who have achieved and sustained excellence in their industry value chain component with the diligence, perseverance, foresight and dedication required to develop a successful organization and sustain continuous learning to be the true Partners of Choice. The award was judged based on 4 broad parameters viz., Knowledge capabilities, Infrastructure Capabilities, Competitive Fitness and Business Dynamics.
Commenting on this honour, Dr CB Rao, Dy. Managing Director, Orchid Chemicals & Pharmaceuticals Ltd said, "We are happy that our drug discovery entity, Orchid Research Laboratories has been selected by Frost & Sullivan for the Partner of Choice award. This is a further reiteration of the state-of-the-art infrastructure, processes and competencies that we possess, making us a true partner of choice."
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