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Advinus opens development center in Bangalore
Ratan Tata inaugurating the new facility at Advinus
Therapeutics, Bangalore. Dr Rashmi Barbhaiya looks on. |
Ratan Tata, chairman, Tata Sons, inaugurated the state-of–the-art
corporate office and development center of Advinus Therapeutics on November 29,
2007 in Bangalore. Located in Peenya, the center is set on an 8-acre campus with
about 2,10,000 sft of built-up space and is the only one of its kind in India to
offer an end-to-end pre-clinical to early clinical development platform for
pharmaceutical product development along with capabilities of agro chemical
development. "This center is also one of the most accredited R&D
centers of India with certification from AAALAC International and the German,
Dutch and Indian authorities for GLP compliance," Dr Rashmi Barbhaiya,
managing director and CEO, Advinus Therapeutics.
Thanking the partners, clients, and all those involved in
building up the center, Dr Barbhaiya, said, "We are proud to open this
first-of-its-kind development center in India that provides comprehensive
services for development of pharmaceuticals and agrochemicals under one roof to
Indian as well as global companies. This is yet another example of India's
emerging role in supporting drug development with efficiency and
cost-effectiveness. Our state-of-the-art laboratories and a seasoned team with
over 150 years of experience in developing INDs and NDAs in large pharma are
uniquely positioned to leverage the India-advantage. It is a great privilege for
me and every employee of Advinus that the company is promoted by the Tata
Group."
Advinus Therapeutics, a Tata enterprise, has been set up with
an investment of Rs 200 crore and has about 350 employees of which about 270 are
in Bangalore while the rest in Pune at its drug discovery center.
Speaking at the inauguration, R Gopalakrishnan, executive director Tata Sons,
said, "The Tata Group has partnered with a team of highly qualified
technocrats, led by Dr Rashmi Barbhaiya. Advinus is a very visible example of
the Tata Group's commitment to promote innovation led and knowledge-based
industries and give the freedom to grow. Backed by its strong leadership team
and its experienced and talented scientists, Advinus is ideally positioned along
with International life sciences companies in advancing the global pipeline of
pharmaceutical and agrochemical products".
Innovation key to biotech growth
Over 100 investors, industry leaders and other stakeholders
of the growing biotech ecosystem debated for two days in early November on the
strategies to take the growth momentum forward at the 3rd BioInvest 2007 event
organized by the Association of Biotechnology-Led Enterprises (ABLE). The
message from the discussion was clear: the industry has to continue investments
in innovation to ensure a sustainable future.
"Are we innovating enough," asked ABLE president,
Dr KK Narayanan, kicking off the discussions on November 1, 2007 in Mumbai. He
advised the industry to increase the research spends to keep up with the growing
demand for innovative therapeutic products.
In her keynote address, US-based BioCentury's chief editor,
Dr Karen Bernstein, outlined the opportunities available to Indian biotech
sector. She pointed out that the global pharma industry growth has been
stagnating at 8 percent and the industry was in a state of siege. She said
biotech R&D was getting better returns than that of the Big Pharma and this
realization has dawned on the industry.
This opens up enormous opportunities for biotech companies to
develop products to keep the pharma pipeline growing. Bernstein said outsourcing
opportunities in various parts of the drug development chain would be available
but price differentiation alone may not be the key criteria in the engagements
with companies in India. Capabilities and research efficiencies may become
important factors.
A notable speaker at the event was Dr Reddy's Laboratories
CEO GV Prasad. While highlighting the opportunities available to Indian
companies on the lines of the Glenmark outlicensing a molecule, Prasad stressed
that the macro-economic factors did not have much impact on the Indian pharma
sector.
Because, he said, the economic growth was concentrated in
urban center, which anyway had high level of access to healthcare products. The
challenge was to ensure increased availability of pharma products in tier 2
& 3 cities, he added.
About biosimilars, he said the entry barriers to it in India
were so low that even these would become commoditized in a short time.
"Making a biotech drug better was a better strategy than making a
biosimilar drug," Prasad said.
Industry leaders like Kiran Mazumdar-Shaw, Villoo Morawala-Patell, Varaprasad
Reddy, Rashmi Barbhaiya, M Vidyasagar and a large number of VCs and other
members of the investment community were present. A panel discussion on Walk The
Talk, moderated by BioSpectrum chief editor, E Abaraham Mathew discussed the
various options available to industry leaders to continue the growth momentum.
There was also a lively discussion on the IPR issue with participation from
Burrill's Ganesh Kishor and V Lakshmikumaran of Lakshmikumran &
Associates.
US firm Generex in pact with Shreya
Lifesciences for insulin spray
The US-based Generex Biotechnology Corporation has entered
into a product licensing and distribution agreement with Shreya Life Sciences to
market Generex Oral-lyn oral insulin spray product.
According to the company, this is the first non-injectible
buccal insulin approved in India. Discussions are on between both the companies
for commercial launch of the product in India in early 2008. Generex is a leader
in drug delivery for metabolic diseases through the inner lining of the mouth.
The company's proprietary oral insulin spray product -- Oral-lyn -- has
recently received approval for importation and commercial marketing and sale in
India for the treatment of diabetes.
The product is administered orally by the company's proprietary device
RapidMist. Shreya is the fourth largest distributor of insulin in the Indian
market.
Phase Forward sets up subsidiary in
India
Phase Forward, a provider of data management solutions for
clinical trials and drug safety, has announced the establishment of a wholly
owned subsidiary, Phase Forward Software Services India, based in Hyderabad. In
building this subsidiary, it will be working with its current partner Virtusa
Corporation, a global information technology services company. Its new center is
situated within Virtusa's facilities.
Bob Weiler, CEO and president, Phase Forward, said, "The
formation of a Phase Forward subsidiary in India is a natural extension of our
long-established strategy to give our customers access to the most advantageous
and cost-effective mix of offshore and onshore resources available. Since India
is such a high-growth area for the biopharma services industry, we wanted to
expand our commitment to the region by adding our own employees to our partner
resources in the region."
Kris Canekeratne, chairman and CEO, Virtusa, said, "We
are delighted to extend ourselves beyond engineering services to include
professional services as well. This is an important step in the evolution of our
pharmaceutical practice as it expands the range of services that we offer our
pharmaceutical clients."
Phase Forward and Virtusa have worked together on a number of
successful projects, combining resources as appropriate from their professional
services and engineering organizations. Phase Forward has developed effective
and efficient processes for working with India-based staff, allowing its team in
India to work seamlessly with colleagues in the UK and US. Senior technical
resources have been relocated to India for this purpose and the overall activity
will be led by Steve Powell, senior vice president of worldwide sales.
The addition of the Indian-based subsidiary marks an important extension of
Phase Forward's global presence, which, in addition to its US headquarters,
includes operations in Europe, Japan and Australia.
Manipal AcuNova's central reference
laboratory receives CAP accreditation
Bangalore-based Manipal AcuNova's central reference
laboratory has been awarded an accreditation by the Commission on Laboratory
Accreditation on the College of American Pathologists (CAP), based on the
results of a recent on site inspection.
The laboratory's director was advised of this national
recognition and congratulated for the excellence of services being provided.
Manipal AcuNova's central reference laboratory is one of the ten laboratories
that are CAP accredited nationwide.
DA Prasanna, vice chairman and MD of Manipal AcuNova, said,
"CAP accreditation is an endorsement that our patient testing work is of
global quality. With CAP, our testing service will be more assuring to
pharmaceutical company clients to file the research results with the USFDA."
Manipal AcuNova and University of Utah
form alliance for clinical trials
The University of Utah, USA and Bangalore-based Manipal
AcuNova have formed a progressive alliance to expand educational opportunities
while accelerating commercialization of University Technologies. Manipal AcuNova
will conduct clinical trials that determine if devices, processes and
therapeutics developed by the University of Utah researchers are safe and
effective. With AcuNova as a partner, the University of Utah will have a
distinct means to efficiently determine the outcome of investigator initiated
clinical trials.
The University of Utah's educational opportunities will be
revolutionized as researchers and students work together within the AcuNova
partnership. The collaboration will focus on clinical research support for
university investigators and technologies. Some of the highlights include
Manipal AcuNova's global presence, clinical research expertise, university
affiliation and extended knowledge of academic research.
Manipal AcuNova acquires German CRO
Manipal AcuNova completed the acquisition of ECRON GmbH,
Europe. The two leading CROs will now combine the clinical research expertise of
ECRON's 20 years experience, with Manipal AcuNova's association with India'
largest medical university.
The company will provide end-to-end services for phase I–IV
clinical trials including project management, clinical data management,
biostatistics, medical writing, central lab and bio-availability/bio equivalence
(BA/BE) studies to pharma, biotech, device and diagnostic companies. The
combined strength will be 265 employees slated to grow year on year. Frankfurt
will be European headquarters, Princeton for the US and Bangalore for Asia.
While DA Prasanna, vice chairman and MD of Manipal AcuNova, will continue to
lead the global operations based out of Bangalore, Dr Wiedey will be president,
Europe and Dr Kohkan Shamsi will be CEO in the US.
Speaking on the development, Dr Wiedey, president, ECRON,
said "AcuNova is a company built on quality making it a primary reason for
ECRON's choice in this synergy. This collaboration will benefit our European
and US clients. The possibility of extending trials from Europe to India will
make drug development faster. Trial data can be analyzed with biostatisticians
and data management professionals from India, speeding up submission to
regulators like EMEA and USFDA. We can take up bigger complex projects with a
broader range of services like central lab and PK/PD service"
On process standardization, he added, "Highest ICH GCP
and FDA standards will be deployed across the organization hence clinical
operations will use German practices and DM will use the Indian practice. We
foresee harmonization of SOP's within the next six months."
On the acquisition, DA Prasanna said, "Industry
experience shows bringing a drug into market takes 8-10 years. Indian CROs do
not have a track record in seeing a drug through development and into market.
Hence this merger will combine Manipal AcuNova's access to investigators and
patients with ECRON's quality reputation making drugs available faster.
Clients will be able to conduct trials at West and East European hospitals and
enter regulated markets"
He added, "Manipal Group supports this development with
special access to teaching hospitals and education infrastructure. We are
confident that the combined strength offers a compelling alternative for clients
to entrust their clinical development programs with us."
MHS launches Manipal Heart Institute
Manipal Health Systems (MHS) has launched Manipal Heart
Institute (MHI), a comprehensive, region wide heart care program, with the
widest spectrum of medical expertise for all age groups and all forms of heart
diseases.
According to World Health Organization, India will account
for 60 percent of the world's heart patients by 2010. Not just the adults,
every year nearly 1,80,000 children are born with congenital heart disease in
India. About 10 percent of the present infant mortality may be due to congenital
heart disease alone.
In the context of such an alarming scenario through, MHI, MHS
hopes to provide a platform for the best professionals to deliver clinical
excellence, education and research. The institute will offer a larger than life
landscape, which is required to combat the epidemic nature of heart disease.
Announcing the MHI launch, R Basil, MD and CEO, MHS, said,
"We have been working in this programme for the last one year. During this
period we have gathered together some of the best doctors from India and abroad
to offer comprehensive heart care comparable to the best hospitals in the world.
MHI has close to 40 heart specialists, who have collectively undertaken over
100,000 heart surgeries and procedures."
MHI doctors will offer heart care for all age heart groups-from
unborn babies, neonatals, infants and children to adults and even the elderly
over ninety. The extensive types of heart treatment will encompass preventive
and noninvasive heart care as well as the most complex procedures and surgeries.
MHI services will initially be offered in Bangalore, Mangalore, Manipal,
Vijayawada and Salem and will soon extend to other important cities of the
region.
Sequoia Capital invests $25.21 m in GVK
BIO
Sequoia Capital, a leading global private investment firm has
invested Rs100 crore ($25.21 million) in Hyderabad-based GVK Biosciences (GVK
BIO), a pharma and biotech R&D outsourcing company and has nominated Sandeep
Singhal to the Board of GVK BIO.
Sandeep Singhal, managing director, Sequoia Capital India,
said, "The rapid growth of GVK BIO in the last few years has made it a
global leader in the CRO market. With the strength of its management and
leadership, we believe that the company is on its way to become a dominant force
in the life science industry."
In a release, GVK BIO noted that it intends to use these
funds to: expand capacity in drug discovery services, build a state-of-the-art
campus at Hyderabad on a 25 acre site, provide new service offerings in
pre-clinical and clinical space and pursue growth opportunities through mergers
and acquisitions.
CSIR comes up with new agenda to
support industry
Prof. Samir Brahmachari, the newly appointed secretary,
department of scientific and industrial research (DSIR) and director general,
Council of Scientific and Industrial Research (CSIR), has spelt out a three-fold
agenda to give a fillip to in-house R&D in industry and position India's
innovation efforts in the international arena.
Speaking at the 21st National Conference on in-House R&D
in industry with the theme "R&D Innovations for Indian Growth
Dynamics", in Delhi Prof Brahmachari stressed the need to be aggressive in
the pursuit of innovations by earmarking 25 percent of total private sector and
government investment in long-term R&D, not with an eye on the immediate
gains but for returns in the future.
Dr T Ramasami, secretary, department of science and technology, in his
address emphasized on the importance of R&D and the close relationship
between R&D and overall growth.
Dow India to set up global R&D
center in Pune
Dow India, a unit of Dow Chemical, the largest US chemical
maker has signed a Memorandum of Understanding (MoU) with the Maharashtra
government, to set up a global R&D center at Pune. The center is expected to
be operational by 2008 and will employ 500 researchers by 2010. Initial project
related activities are underway on the 100-acre land allotted to the company by
Maharashtra Industrial Development Corporation (MIDC) and more than 125
researchers are already employed and providing their talented skills and
capabilities, operating in a rented facility.
VK Jairath, principal secretary (industries), Government of
Maharashtra and Vipul Shah, CEO, Dow Chemical International, signed the MoU in
the presence of Vilasrao Deshmukh, chief minister of Maharashtra, Johnny Joseph,
chief secretary, Government of Maharashtra, Michael Gambrell, executive vice
president, The Dow Chemical Company, Dr Deepak Parikh, technical director of Dow
India's global R&D center and other senior officials of the state
government.
Vipul Shah said, "With total investment going beyond
$100 million, the center will have the capacity to bring a new product to market
– from concept to commercialization. The R&D center will be an integrated
center, serving multiple clients and geographies and will accelerate growth of
the region through customer support, application development and problem solving
in the areas of water, personal care, paints and coatings. Dow India is excited
that the center will partner with government laboratories and educational
institutions, funding research to generate intellectual property."
VK Jairath said, "Through our association with a global
leader like Dow for establishing this world class R&D center, we take a step
forward towards our goal of boosting the economic development in the state
through rapid industrialization. We have constantly endeavored to accelerate
sustainable development through industrial growth across Maharashtra."
ClinTec International plans significant
expansion of its Indian operations
ClinTec International, the UK-based Contract Reseach
Organization (CRO) is all set to foray into drug development and has announced
plans to expand its Indian outfit in a major way. Located at Bangalore, the
Indian arm of Clintec International will be developed into an important global
center and serve as Asia's hub for its international operations. ClinTec
International has recently opened its global clinical research Center of
Excellence in Munich, Germany. Following another successful year of financial
and headcount growth, the global clinical research Center of Excellence has been
established with the recruitment of thirty clinical research professionals of
vast experience, based from a single large hi-tech facility in a central Munich
location.
Reinforcing ClinTec's reputation as a full-service CRO, the
Center of Excellence will be the global home for standards, tools and industry
best-practice in the following functions: clinical program management, data
management and biostatistics, clinical research, pharmacovigilance, regulatory
affairs, medical writing and quality assurance.
Sharing details of the expansion plans in India, Dr Rabinder
Buttar, president and founder, ClinTec International, said, "ClinTec
International is focusing on India in a very big way and aims to bring many
global projects to India. We plan to increase the head count in India from the
existing 25 to about 100 employees in the near future. ClinTec India contributes
about 25-30 percent of Clintec International's global revenues. The Bangalore
arm of ClinTec will support and drive the work at ClinTec International's
newly opened global clinical research Center of Excellence in Munich, Germany.
We are proud to know that ClinTec International is perceived as the number one
CRO by market analysts when it comes to advising the pharmaceutical
industry."
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