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Wockhardt gets nod to enter Lamisil market
Pharmaceutical and biotechnology major Wockhardt received
USFDA tentative approval to market Terbinafine tablets (Lamisil) in the US.
Terbinafine is used to treat fungal infections such as onychomycosis (condition
that affects the toenails or the fingernails). With the US product patent for
this drug expiring on June 29, 2007, Wockhardt will launch Terbinafine, the
generic version of brand Lamisil sold by Novartis, in early July.
"Our Wockhardt USA team is ready to embark on the 'Day-one'
launch of Terbinafine," said Wockhardt chairman, Habil Khorakiwala.
"The US market for Terbinafine tablets is about $680 million. Tapping this
market, in addition to our speedily increasing product portfolio is a
manifestation of our rapidly expanding capabilities in the US."
The Terbinafine tablets are manufactured at Wockhardt's US
FDA certified formulation plant at Waluj, Maharashtra. Market shares of all
Wockhardt USA products are exhibiting a good growth. Wockhardt currently markets
20 products in the US.
"We now also have on the management board of Wockhardt
USA, president, Kurt Orlofski, who will spearhead the US generics business. We
are confident that Wockhardt's generic business will scale greater heights and
establish an important position in the generic industry," said Khorakiwala.
Q4 performance boosts Zenotech's profit
For the 4th quarter ended March 31, 2007, Zenotech
Laboratories' total income from sales and operations and license fees
aggregated to Rs 1,178.67 lakh (Rs 326.36 lakh) and net profit for the quarter
stood at Rs 481.76 lakh (loss of Rs.11.26 lakh).
For the year ended March 31, 2007, total Income from sales and operations and
license fees aggregated to Rs 2,264.64 lakh (Rs 1,319.62 lakh) and Profit After
Tax (PAT) for the year stood at Rs 362.47 lakh (loss of Rs 73.80 lakh). The
company's results were boosted by license fees of Rs 900 lakh earned during
the fourth quarter of the year.
GEAC approves multi locational research trials of Bt
cotton
The 78th meeting of the Genetic Engineering Approval
Committee (GEAC) approved Multi Location Research Trials (MLRT) of several Bt
cotton, although the food crops rice, okra, corn, brinjal and potato could not
get approval.
Permission to conduct MLRT of Bt cotton expressing approved
gene/events have been approved. This includes BG I cotton hybrids, BG II cotton
hybrid, cry1Ac gene, 3 intra – hirsutum hybrids, 2 inter-specific hybrids, 3
inter-specific hybrids, 5 Bt cotton hybrids, Bollgard cotton hybrids has been
given. The MLRT will be taken in central and south zones at various locations.
The committee also approved the proposal for strip trials of
Bt cotton expressing approved gene/events. This will cover 35 Bt cotton hybrids,
115 transgenic Bt cotton hybrids, 29 intra-specific Bt cotton hybrids and others
will be included. Experimental seed production of Bt cotton expressing approved
gene/events has also been given approval.
MLRT of GM food crops were not given approval. Companies
require to submit validated protocol for detection of 0.01 per cent level
contamination. Subject to this submission they will get approval later on. This
include six transgenic Bt rice hybrids, 3 transgenic Bt Okra hybrids, YieldGuard
corn parental lines, Roundup Ready Corn hybrid, Bt brinjal, 8 cotton hybrids,
flex cotton hybrids etc.
The Large Scale Field Trials (LSFT) of Bt cotton expressing
new gene/events did not get approval today because they did not complete full
bio-safety studies. This include cotton hybrids expressing Cry1C gene and seed
production of cotton hybrids. The committee has approved the import of Soybean
oil obtained from round-up ready soybean by Solvent Extractors' Association of
India.
Indoco sets up Rs 22.5-crore R&D facility
Indoco Remedies has set up a new R&D center at Navi
Mumbai at a cost of
Rs 22.5 crore, in order to fully integrate into CRAMS space. The research
activities at the facility include synthesis of APIs, process improvement and
development of non-infringing processes for APIs and intermediates, formulations
development, analytical studies and regulatory affairs.
Aditi Kare Panandikar, director, business development, Indoco,
said, "Indoco aims to transform itself into a completely integrated player
in CRAMS space."
India has emerged as a secure territory for research and
manufacturing of patented products and the company would leverage this
opportunity. The facility would be aimed to work for firms from European
countries and the US market.
"The unique feature of the R&D center is the Kilolab,
which is versatile to perform a wide variety of reactions and complete
multistage intermediate and API processes for preclinical phase to Phase III
clinical studies, and will in turn amplify Indoco's contract development and
manufacturing services to the rest of the world," explained Aditi.
Indoco views its R&D capabilities as a vital component of
its business strategy that will provide the company long-term competitive
advantage. The company intends to take up NDDS research and expects to
commercialize the first NDDS product in calendar 2008, It is in the process of
setting up a separate R&D team for the same.
With the commissioning of its new R&D center in April 2006, Indoco now
has in place a total of five facilities for formulation, Goa Plant I {oral
solids, creams and liquid dosage plant: Approved by MHRA-UK and Darmstadt
Germany} Goa Plant II {sterile facility for ophthalmic and injectables: Approved
by USFDA} Baddi {WHO: GMP}, Aurangabad and Tarapur facilities for non regulated
market. For APIs, scale up facility- Kilolab is backed by two commercial
manufacturing facilities at Patalganga as per USFDA standards and at Rabale as
per WHO: GMP standards.
Intas Biopharma receives EU-GMP certification
Intas Biopharmaceuticals Ltd (IBPL) has achieved the unique
distinction of becoming India's first dedicated biopharmaceutical company to
receive certification of European Agency for the Evaluation of Medicinal
Products (EMEA) or an EU-GMP certification for its manufacturing facility at
Ahmedabad. The certification is a significant step towards fulfilment of IBPL's
plans to tap Europe market. Moreover the certification give strong advantage to
IBPL as the company can strengthen existing alliances and look forward to
possible agreements with other pharma/biotech companies in new geographical
regions of Europe .
Addressing mediapersons, Mani Iyer, director, IBPL, said,
"On the R&D front, the certification will allow IBPL to get an entry
into regulated markets of Europe to conduct clinical trials for many of our
products which are in the pipeline. The process of clinical trials is mandatory
and a pre-requisite for the company to develop the products and market them in
Europe. Additionally, this certification has opened new avenues for the company
to explore existing/new technologies and processes.
For IBPL, EU-GMP certification will also simplify the
procedure for product registration in different countries of the world by
significantly reducing the time required by the company to get the product
registration. Also, many companies across the globe would be keen to associate
with us for our products and services."
The company has successfully launched therapeutic recombinant proteins
Neukine (rHu G-CSF), Erykine & Epofit (rHu EPO) and Intalfa (rHu IFN
Alfa-2b) in the domestic markets and couple of international markets. It is the
only company in Gujarat with an impressive track record of launching three
indigenously developed biotech products in as many years.
Strides Arcolab completes acquisition of Grandix
Pharmaceuticals
Strides Arcolab has announced that it has signed a definitive
agreement to acquire 100 percent of Grandix Pharmaceuticals and its subsidiary
Grandix Laboratories on a cash and debt free basis valuing 100 percent of the
company at Rs 100 crore.
The transaction is accretive to Strides EPS and offers a
platform to grow a domestic strategy by infusing a robust Strides pipeline.
Pricewaterhouse Coopers acted as an independent valuer of the transaction. For
the FY 2006, Grandix posted sales of Rs 48.50 crores ($11.80 million) and EBITDA
of Rs 10.89 crore ($2.60 million)- 22 percent. Sales in 2007 is expected to grow
at over 30 percent.
Strides Arcolab has no domestic presence and Grandix will be the springboard
to launch a national presence by leveraging existing Grandix products with the
company's strong R&D pipeline.
New antibiotic launched to battle drug-resistant
infections
Wyeth Ltd, the subsidiary of the $20-billion global
pharmaceutical and healthcare company Wyeth, recently announced the launch in
India of Tygacil (tigecycline), its novel intravenous (IV) antibiotic with a
broad spectrum of antimicrobial activity against drug-resistant bacteria.
Tygacil is the first antibiotic in a new class called
glycylcyclines. It is indicated for use in complicated infections of the skin
and soft tissue and complicated intra-abdominal infections. Tygacil has in-vitro
activity against many gram-positive and gram-negative bacteria, including
multi-drug resistant bacteria such as methicillin-resistant Staphylococcus
aureus (MRSA) and vancomycin-resistant enterococcus (VRE).
The new drug provides doctors with a treatment alternative
for complicated skin and intra-abdominal infections. Tygacil will be immediately
available to hospitals and surgical professionals across the country for the
treatment of complicated intra-abdominal infections (cIAI) and complicated skin
and skin structure infections (cSSSI) in adults.
Speaking at the launch in New Delhi, Prof. John T Sinnott,
director of the Division of Infectious Disease and International Medicine,
Florida, USA said, "Drug-resistant organisms are a growing problem
worldwide. Inadequate infection control and shortfall in hygiene and public
health are driving resistance in developing countries. The unique structure of
tigecycline not only provides expanded broad spectrum of in-vitro activity, it
avoids the tetracycline-resistance mechanism."
"It is the most appropriate time to introduce a new class of
antibacterial agent in India," said Dr Chand Wattal, senior consultant and
chairman, Department of Clinical Microbiology, Sir Ganga Ram Hospital, New
Delhi. "The availability of Tygacil is a boon at a time when
life-threatening hospital acquired infections are present universally."
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