| "R&D has always been acore area
of our interest."
Rajesh Jain, joint managing director, Panacea Biotec shares his views
on the companies R&D efforts and future strategic direction for the
company and the northern region.
Panacea Biotec is believed to
have stepped up its R&D initiatives? What has been the progress?
R&D has always been a core area of our interest. At
Panacea we intend to expand our scientific strength by delivering newer
products to the industry. In other words, "research will be a way of
life at Panacea".
Pursuing its mission, "In Support of Life",
the company has been progressing towards development of products and
technologies that improve quality of life. From the company’s R&D
headquarters in New Delhi, to a major research campus in Lalru, near
Chandigarh, Panacea Biotec works tirelessly to find new cures and drug
delivery systems. The research conducted at our labs has led to successful
filing and grant of product patents worldwide, in various categories. Our
ultra modern 20,000 sq.ft R&D center in North India is equipped with
high tech facilities and is supported by 60 scientists with
specializations at par with the best laboratories in the world.
Today, we are taking on some of the world’s most
intractable diseases, including polio, Hepatitis B, osteoporosis and
diabetes. The results of our focused and intensive research programs are
apparent in developing several outstanding medicines that can eradicate
deadly and debilitating diseases.
In the past several years, the drug delivery research
group has developed technologies and filed for grant of several patents.
Some of these research outcomes have already been transferred to the
industry and commercialized. The group is engaged in the development of
different technologies like transdermal drug delivery, controlled release
systems, biorhythm based delivery systems, microemulsions, targeted
vesicular systems like liposomes and niosomes, mucoadhesive nanoparticles,
taste masked fast dissolving formulations, osmotically controlled delivery
systems and gastro retentive systems to improve bioavailability.
What does the drug delivery
research focus on?
The drug delivery research at Panacea R&D involves
detailed study at molecular level and of mechanistic approaches for drug
absorption, distribution and elimination. This is a cross-functional
R&D where drug delivery research is supported by departments like
molecular biology, pharmacology, toxicology, advanced organic chemistry,
advanced physical chemistry, and advanced analytical research and
bio-analytical research.
Products developed and incorporating the formulation
technologies outlined above are subjected to stability as per ICH
guidelines. For preparation of clinical samples, a high tech pilot plant
facility, equipped with latest machinery and conforming to GMP
requirements is also available to the drug delivery research group.
Which are your flagship
products?
We have three strategic business units. These are the
vaccines, biopharmaceuticals, and pharma units. Each of these segments is
coming out with a good range of products. Nemolate, Glizate, Enivac-HB and
Ecovac are some of the products that are all doing well in the market.
Panacea has announced ThankGod
Piles management kit. What has been your experience in bringing out the
kit?
ThankGod took 10 years of extensive R&D. After
conducting all toxico studies, clinical trials etc., the product is of
international standard. It is a worldwide-patented product of Panacea
Biotec. The ThankGod Piles Management Kit has been specially designed for
integrated management of piles. Our vision was to provide a comprehensive
solution to the first and second degree piles patients. The ThankGod Piles
Management System consists of ThankGod Relief Capsules, ThankGod Anytime
Cream, ThankGod Ispaghula Husk and ThankGod Pain and Itch Relief Cream. We
are the only providers of such a 100 percent natural, worldwide-patented
product, with successful clinical trials done in India. We collaborated
with IHBT for developing the agronomy and clinical trials were conducted
at Lok Nayak Jay Prakash hospital (LNJP), New Delhi.
Is it a commonly available
product and how much does the kit cost?
The ThankGod Piles Management System Kit comes in a
value pack along with a free Piles Patient Information Booklet and a free
Internet Consultation Coupon worth Rs 250, which entitles the consumer to
a free online consultation with a doctor for any specific queries. The
ThankGod Kit has been designed for systematic and consistent treatment of
piles, to be used in combination for 14 days.
Shouldn’t the industry vie for strong
industry-academic partnership?
It is always good for research, if any industry
collaborates with any research lab at the early phase of a research work.
I think industry is the component, which needs to point out the
opportunity and share their ideas and opinions to the research community
that will be good for science. At Panacea we are open for such kind of
collaborations.
It is frequently stated that
public-private sector partnership is not an easy job, in terms of flawless
productivity. What has been your experience?
Working with the government is a constant affair. Now
the biotech industry in India is at very nascent stage. We need to take
very effective and aggressive efforts to boost the industry. We need to
evaluate our strengths and weaknesses so that we can improve in building
good infrastructure and a platform for the biotech industry in India. And
as we grow, we would understand the challenges ahead of us. Then we could
work as a team to deliver good results.
What are the demands and needs
of the industry?
Exemption in excise is rigorously expected by the
industry. We strongly hope that soon biotech will be considered in a more
serious manner. The tone of interim budget is also sounding good for the
R&D-active industry. Hope it will take good shape in future.
Regulatory environment in India needs to be rechecked.
Lack of venture capital funding is also an issue in this segment. We need
to focus in that direction as well. And as an important need of biotech
industry, the government should have representatives of the biotech
industry as well. |