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Dubai BT firm to provide IEMs screening
for newborns
Dubai-based biotechnology company Eastern Biotech & Life
Sciences is offering supplemental screening for more than 50 rare and treatable
metabolic disorders in the newborns. Inborn errors of metabolisms (IEMs) prevent
babies from processing food properly, leading to an accumulation of toxic
chemicals (i.e. phenylketonuria, galactosemia) in the blood that are harmful for
their normal development
The screening is performed on a small sample of blood
obtained by pricking the baby's heel. The tests detect abnormal levels of
these chemicals shortly after the baby is born.
Using the results from IEMs screening, physicians have an
advantage of recognizing specific illnesses before the onset of symptoms,
thereby paving the way for early intervention.
According to Dr Sanjida Ahmed, director, research, at Eastern
Biotech, the supplemental screening program identifies these conditions soon
after the birth and starting the treatment before the babies suffer brain damage
or other permanent disorders. The effect of genetic and congenital disorders in
Arab countries is high.
Satyam opens life sciences center
India's fourth largest IT services exporter Satyam Computer
Services, has opened a life sciences center of excellence in Hyderabad to
provide software solutions to drug and pharmaceutical firms.
"The center of excellence is a critical investment we
have made. It will provide flexibility and ease of customization, enabling
faster implementations and therefore a better return on investment," said
Ram Mynampati, president, commercial and healthcare business of Satyam.
"Life sciences (software solutions) is one of the
fastest growing markets and contributes up to six percent of our revenues. We
have moved from almost nothing to six percent in four years," he said.
Veeda CR establishes clinical
pharmacology unit for renal impaired patients
Ahmedabad-based Veeda CR has opened its new clinical
pharmacology unit (CPU) at Muljibhai Patel Urological Hospital (MPUH), Nadiad,
Gujarat. The unit was inaugurated by Dinsha J Patel, minister of state for
petroleum and natural gas and Dr Nilima Kshirsagar (director professor,
infectious diseases and interdisciplinary research, Maharashtra University of
Health Sciences). Veeda will conduct phase I /II clinical studies in renal
impaired patients, at the unit.
Dr Kiran Marthak, director, Veeda CR, said, "Conducting
Phase I studies on renal impaired patients is highly important as many drugs are
excreted by the body via the kidneys and a knowledge of the influence of kidney
function on drug metabolism is essential to drug development. Veeda Clinical
Research is very proud to become the first ever CRO to establish a specialized
renal CPU in India"
Studies involving renal impaired patients are particularly
important for newly discovered drugs for which the way in which the body handles
the drug is not known.
Veeda would also utilize this unit for carrying out clinical
trials related to urology like Ca Prostate and Ca Bladder, which may necessitate
admission in the ward which is in the hospital and immediately adjacent to the
intensive care unit. The unit has six fully monitored beds and all the
supporting facilities necessary for the safe conduct of clinical trials.
Veeda CR will have access to the experienced manpower of the
hospital as well as the facilities available like kidney dialysis machines,
pathology laboratory, X-rays and CT scan.
AMRI acquires pilot plant facilities in
India
Albany Molecular Research Inc. (AMRI) has bought FineKem
Laboratories, a manufacturing facility located in Aurangabad. This acquisition
will significantly accelerate AMRI's ability to make custom pilot scale
intermediates in India, which is expected to commence in the second quarter of
2008.
Expanding on the company's acquisition of manufacturing
facilities in Aurangabad and Navi Mumbai in July 2007, the addition of custom
pilot scale manufacturing also complements AMRI's current chemical development
process capabilities in Hyderabad. Additionally, the purchase ensures the
addition of another compound, ISMN (Isosorbide Mononitrate), to AMRI's
generics portfolio.
AMRI intends to implement upgrades over the next few months
to bring the existing facilities into compliance with the USFDA regulations for
manufacturing clinical trial materials and commercial drug substances.
Anticipated costs related to purchase and upgrades are not expected to be
material to AMRI's results of operations or financial position.
In conjunction with the purchase, FineKem's managing
director, Rakesh Doshi, will join AMRI India as executive director and COO,
reporting to Dr Prasad Raje, managing director of AMRI's current Aurangabad
and Navi Mumbai facilities.
"We are pleased to announce the addition of this new product
offering," said AMRI chairman, president and CEO, Thomas E D'Ambra.
"As we continue to explore and expand the ability of AMRI to provide value
and flexibility around the globe, the purchase of this site increases the
cost-competitive solutions available to our customers for their outsourcing
needs," he added.
Biogérant '08 techno-management
fusion event held
Biogérant '08, the two-day annual corporate event
organized by PGDM (Biotech) at SIES College of Management Studies, Nerul, Navi
Mumbai, was held on January 13-14, 2008.
The theme for Biogérant '08 was "Double Helix -
Synergy towards Excellence".
The event primarily focused on the favorable alliance between
research and management functions and proved to be a powerful learning
experience for young managers.
The modules for the corporate seminar on the first day
covered interesting and challenging issues like turning concepts into companies
(dynamics of starting a new biotech company), synergy between scientific
research and management, ethical issues and contract manufacturing and ended
with a panel discussion on Biotech Futura.
The inaugural address was delivered by Dr Borkar, executive
director, Serum Institute of India. Eminent guests from the top echelons of top
biotech and pharma companies like Biocon, Avesthagen, Reliance Life Sciences,
Rossari Biotech, Varda Biotech, VHB Life Sciences and Royal Energy shared from
their wealth of experience and knowledge to a 150 strong student audience who
listened with rapt attention.
Day 2 was for the inter-collegiate student events, with
competitions testing intelligence and creativity of the participants. The
students were also further enriched by a special workshop on biosafety awareness
by Esco Biotech. Making the event truly focused for the biotech industry were
the sponsors Shimadzu Analytical (India), BioSpectrum and Genecity Laboratories.
While Biotechnology is a research and knowledge driven sector, many
managerial issues of this niche segment need to be specially addressed.
Biogérant '08 successfully highlighted these issues and the need for synergy
towards excellence. The event was part of an annual eight-day corporate festival
Virtualities.
Ansari calls for increasing agri
productivity
The fifth edition of BioAsia 2008 was inaugurated by India's
Vice President Hamid Ansari in Hyderabad on February 7, 2008. Inaugurating the
event, Ansari pointed out that India was one of the first countries in the world
to have focused on biotech as early as in the Eighties. The biotech focus got
mentioned in the 6th Five-Year Plan.
The biotech industry attracted entrepreneurship, innovation,
state support, private and venture capital funding. "And biotech is even
more important now for the following reasons. One, biotechnology lies at the
intersection of agri sector and the knowledge sector. India is the second
largest food producer and biotech can be a tool for improving the productivity.
The second reason is that biotech is straddled to areas of health and food. The
third reason is that biotech is the best means to leverage India's
biodiversity. The Indian subcontinent occupies 2.4 percent of the total global
surface area, but 7.6 percent of total mammal species, 12.6 percent of bird
species, 11.7 percent of fish and six percent of flowering plants that were
present in the world, apart from varied climatic zones and rich human capital.
The fourth is that biotechnology is a new wave of technology that will have a
much more transformative impact than IT. And the last but not the least, biotech
will bring together partnerships and innovation."
The industry grew by 40 percent during the last five years
and the turnover during 2006-07 was over $2 billion. "It is estimated that
the annual turnover by 2010 will be $10 billion," added Ansari
He also unveiled a plaque marking the inauguration of
Biotechnology Incubation Centre (BTIC), located at Shapoorji Pallonji Biotech
Park, and another plaque marking the laying of foundation for the Centre for
Stem Cell Sciences.
Chief Minister YS Rajasekhara Reddy said that his government
was committed to the growth of the biotechnology as this technology is
complementary to other measures that will wipe out poverty and hunger. He
promised to extend all support to the industry and will also promote science at
the school level.
The state's minister for Major Industries J Geetha Reddy said that
investments worth Rs 320 crore had flowed into the state since the first BioAsia.
The proposed investments include Rs 1,000 crore from Biocon, Rs 500 crore (Avesthagen)
and Rs 300 crore (Dupont). The investments were expected to create employment
for about 60,000 people. The BTIC will also house the Rs 500-crore National
Animal Resource Facility for Biomedical Research and a biotechnology incubation
centre set up jointly by the Indian Institute of Chemical Technology and the
Department of Biotechnology.
Kareus, Connexios to discover novel
treatments for Alzheimer's disease
Kareus Therapeutics and Connexios Life Sciences will
collaborate in the discovery of novel therapies for Alzheimer's disease.
Kareus will bring to the collaboration its expertise in the understanding of
novel mechanisms in the pathology of Alzheimer's while Connexios will bring in
its proprietary network biology platform as well as its systems pharmacology
driven small molecule discovery capabilities.
Dr Uday Saxena, co-founder and managing partner of Kareus,
said, "We can now look at molecular pathways that normally get overlooked
with a single target approach. It is like buying a new home and finding a map of
all the roadways that it is connected with. We believe this alliance will
accelerate our discovery of new therapeutics and targets."
Dr Suri Venkatachalam, CEO, Connexios Life Sciences, said,
"This partnership allows us to get into a completely new therapeutic area
and we can leverage the deep understanding of the biology of Alzheimer's."
Biocon acquires 70% stake in AxiCorp
for $43.5m
Bangalore-based Biocon is acquiring a 70 percent stake in
German pharmaceutical company, AxiCorp for a consideration of approximately
$43.5 million. This will enable the marketing and distribution of a range of
pharmaceuticals including generics, biosimilars, biologics and innovative
pharmaceutical products in Germany and Europe.
AxiCorp is a specialized marketing and distribution company
established in 2002 by a group of industry experts to address the lucrative
generics and parallel distribution market in Germany and Europe.
With the strategic investment in AxiCorp, Biocon establishes
its first presence in Europe in order to market its injectible insulin on its
own, and also to build up marketing and distribution capabilities for many other
products of its portfolio.
Elaborating on the acquisition, Dr Kiran Mazumdar-Shaw,
chairman and managing director of Biocon, said, "AxiCorp is a key strategic
investment for Biocon as it heralds our European foray for biosimilars like
recombinant human insulin. Biocon is investing in AxiCorp's entrepreneurial
team and its highly differentiated business model, which will help us build
strong marketing and distribution capabilities in Europe. Both companies share a
common vision of affordable healthcare, which we can deliver through a
combination of Biocon's low cost manufacturing and AxiCorp's low cost
distribution."
"The clinical development costs involved in commercializing bio-similars
and biologics limit small and mid-sized pharmaceutical companies in Europe to
participate in this emerging segment," said Dirk Ullrich, who has managed
the diabetology business of Sanofi-Aventis before he became general manager of
AxiCorp in 2007. "Biocon will now make it possible for AxiCorp to assert
its position in this important therapeutic segment," he added.
Transasia Bio-Medicals awarded ISO 13485
Transasia Bio-Medicals, a provider of solutions for clinical
diagnosis, has been awarded ISO 13485 (Quality Management Systems for Medical
Devices) by UL India, a certifying body to foster quality assurance and
improvement.
UL India is an affiliate of US-based Underwriters
Laboratories, which is one of the world's largest conformity assessment
service provider.
According to a company press release, Transasia Bio-Medicals
is one of the few Indian companies which has been awarded the ISO 13485. The
certification has reinforced the vision of the company to provide quality
medical diagnostic products and services at affordable prices, through cost and
quality conscious systems of materials and process control.
From its modest beginning in 1979 as a marketing firm for a few imported
diagnostic equipments, Transasia today has the largest sales and installation
base with over 15,000 installations all over the country supported by a network
of 85 service centers and zonal offices at metros and major cities backed by a
strong force of trained engineers and customer training personnel. The company,
which is ISO 9001:2000 certified, has also been rated as India's largest in
vitro diagnostics company (2006) by McEvoy & Farmer, USA (International
experts on IVD markets). It has strategic alliances with some leading names in
the diagnostic world like Sysmex Corporation-Japan, Medica-USA, Wako-Japan,
Biohit-Finland, Grifols-Spain, CAN Ag-Sweden and Diesse-Italy among others.
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