Off-patent drugs
to get lease of life
Posted AtBusiness-Standard
SPI Pharma, the fully-owned subsidiary
of the UKâs Associated British Foods, which opened
its India development and testing centre in Bangalore
is working on platforms to revive some of the off-patent
drugs through effective personalised formulation and
dosages.
Addressing a press conference in Bangalore, Rana Kayal,
president SPI Pharma, said that through the companyâs
efficient drug delivery platforms, some generic drugs
are being developed from off-patent drugs and a few
old neglected drugs are also being revived.
"Our products are being made available to pharma companies
across the globe. We are presently working with
Indian companies like Cipla, Novartis, Pfizer and Dr
Reddyâs. We are also in discussion with major active
pharma ingredients (API) producers like Matrix and Biocon,"
he added.
SPI Pharma presently sells in over 50 countries, supplying
to global firms, like Glaxo, Pfizer, Aventis, Novartis
and Bayer. Technical support is provided by experienced
scientists based in the US, France and India.
The company has developed and specialises on novel drug
delivery systems like fast melt tablet, fast melt wafer,
medicated chewing gum, dry powder suspension and taste
masking of bitter formulations.
According to Sarath Chandar, SPI Pharmaâs vice-president-drug
delivery, with improvised new dosage and delivery mechanism,
drugs for children, the elder and the terminally ill
is possible.
"With the existing formulations and dosage forms, currently
some drugs are difficult to administer on them, he added.
Globally drug delivery business is valued around $60-70
billion.
With many drugs going off-patent has given opportunity
to pharma companies to outsourcing their drug delivery
models.
The company through its investment of Rs 4 crore has
set up an India development centre in Bangalore at Veerasandra
Industrial Estate on Hosur road.
Housed in a 16,000 square feet building, the company
plans to utilise formulation and analytical equipment
to enable finished product development in unique dosage
forms.
"The facility will enable SPI Pharma to conduct stability
studies as per the ICH guidelines and include provisions
for a cGMP pilot-manufacturing unit. The laboratory
will function under Good Laboratory Practice (GLP) standards,"
said John Burrow, CEO, SPI Holdings.
"With India fast becoming a scientific powerhouse in
the global pharma market, the facility is significant
to our operations in India. SPI Pharma will be in a
position to speed up customised projects using several
of its proprietary platforms. SPIâs strategy in
India is to develop and test finished drugs using its
proprietary drug delivery technologies as well those
acquired through strategic partners."
In India, SPI Pharma will focus on working with manufacturers
of APIs (active pharma ingredients) to come out with
easily delivered and low-dosage models of customersâ
products, said Rana Kayal.
"Indian pharma market is seeing a lot of value addition
and the need is to bring differentiated products at
a shorter period of time to the market," he added.
December 12, 2005 |