09.23.10 - Jubilant Biosys was awarded Indian Contract Research Organization of the Year Award by FROST & SULLIVAN.

Bangalore, India, September 23, 2010 -- The recipient company is one of the most admired companies in the Contract Research segment. It’s an integrated player into discovery and early development phase where it has made a significant mark compared to its peers. This has made them a natural partner for global pharmaceutical companies. Partnership with companies like Astra Zeneca, Bayer, Merck is a reflection of the same.

This approach has also resulted in the company contributing close to 50 percent of the major deals signed in the industry during 2009-10. The company has emerged as the fastest growing among the Top 5 Indian Contract Research Organizations companies with a decent growth in revenues in a recessionary environment. They have aggressively expanded in the US and Europe through collaborations and acquisition. The company is looking for further expansions in the geographies of China, South Korea and Japan.