How Do You Choose Partners to Develop the Product?
Talleen's problems - Aadarsh and Russians to the rescue !
Aadarsh’s doctor’s friend is going to an international pharma conference in Mumbai and offers him a lift. He creates a poster showing early results. At the conference he meets a Russian company who are successfully selling a Siberian drug to treat indigestion in India. They decide to help him and agree to invest in the development of the pill.
Talleen continues to work with the Russian company to continue clinical trials back at the local hospital. However the Russian company realise that there is the same drug already with marketing approval in Russia and EMA to treat the diarrhoea so it is too late for a patent and licensing.
Totally fed up, Talleen goes home and realises that he cannot afford his mortgage repayments so they move in with Aadarsh. Fortunately Aadarsh’s sales are massive and he can afford to buy Talleen and family an apartment. Whilst unable to continue the drug development, Talleen tries a self experiment and adds the herb to some juice. He tries drinking over a month and notices that his eczema cleared up.
He calls the Russian company and they check – there is no patent or similar health drink currently applying for regulatory approval.
He sells his car, van and begins pre-clinical trials again. The results are excellent so the Russian company help find a partner to finance the clinical trials. Aadarsh also finds him a pharma partner in India who is familiar with the documentation and pays for the service to get it through regulatory approval.