Business Opportunities

RPG Life Sciences launches its 5th biotech product, Sirolimus

RPG group company, RPG Life Sciences, today said that it has commercialised its second biotech immunosuppressant API Sirolimus. - Sun Pharma uses own plants for US market after after Caraco trouble - Aurobindo gets tentative nod for anti-dementia drug - Aurobindo gets USFDA nod for two new drugs - The Caraco headache - Glenmark Generics launches hypertension drug in US - Sun Pharma gets USFDA nod for generic anti-cancer drug Immunosuppressants like Sirolimus are used in organ transplant patients to prevent organ rejection by the body, the company said in a press release issued here. The end-to-end Sirolimus technology has been developed through an in-house R&D effort. The formulation of Sirolimus is under development and will be manufactured at the company"s MHRA-approved and USFDA approvable immunosuppressant formulations facility, the release said. The patent of this product expires in early-2014. "We are one of the two companies from India manufacturing this product. RPG Life Sciences has always focused on biotechnology as one of its growth drivers," the company"s Managing Director, Arvind Vasudeva, said. After Cyclosporin, this is the second immunosuppressant from the biotech field. RPG Life Sciences, currently markets four immunosuppressant brands, — Azoran (Azathioprin), Arpimune (Cyclosporin), Mofetyl (Mycophenolate Mofetil) and Imunetoc (Tacrolimus) in India and other emerging markets. In the oncology space, RPG Life Sciences has launched Daunorubicin, Doxorubicin and Epirubicin and this space contributes 36 per cent to the company"s revenues, the release said. The company has three more biotech molecules which are under development, one of which is expected to be launched in the current financial year. These products are in the area of oncology and immuno suppression, the release said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
'Rural sales pushed growth further'
Seema Sindhu / October 31, 2009, 1:17 IST
Popular Articles
Modern furniture stores in da

Axis PE to launch second fund soon
Axis Private Equity (PE), a fund sponsored by the third largest private sector lender Axis Bank, plans to invest Rs 200 crore in two more companies, while it lines up its second fund. The second fund will hit the market later this year.

IMF inks pact with Sri Lanka on $2.5 bn loan
The International Monetary Fund (IMF) has reached an agreement with Sri Lanka to provide the island nation with about $2.5 billion, to help it in its reconstruction efforts.