Love Maharashtra? Then you wil love Marathikatta!
Home Politics Religion Media Biz Society Tech Travel Books Intl. Autos Automobiles
                    Movies   Aviation   Pharma   About Us   Feedback   Links
LUPIN - ASPEN JOINT VENTURE FOR TB DRUGS
 


Lupin and Aspen to form JV on TB drugs

The 50:50 joint venture will develop, manufacture and market selected anti-tuberculosis products.

BY OUR PHARMA CORRESPONDENT
March 25, 2006

Mumbai-based Lupin Ltd has entered into a Memorandum of Understanding with Africa's largest drugmaker Aspen for the establishment of a 50:50 joint venture for the development, manufacture and marketing of selected anti-tuberculosis products, the companies said in a join press release.

Marketing of the products would be on a global basis excluding the United States, South Africa and India. 

The joint venture will also investigate opportunities to enter the malaria market. The total market for malaria products is estimated to be worth around US$500 million, of which 85% is concentrated in Africa.

Lupin has traditional strengths in tuberculosis product formulations and active pharmaceutical ingredients, while Aspen would bring a range of multi-drug resistant TB products to the venture. There would be synergies derived from the two firms' traditional strengths and Aspen's experience in the antiretroviral business and presence in Africa, the companies said.

There is a global trend towards bundling the treatments of HIV, TB and malaria together. According to current statistics, 8.6 million new cases of tuberculosis are diagnosed every year, and it is believed that only 70% of the infected are diagnosed, and fewer receive treatment. 

Estimates from a World Health Organisation study group in 2001 put the market size for TB products at US$550 million to US$600 million for first-line TB products. Of this, around 50% is considered to be institutional and the balance is prescription based. Multi-drug resistant TB is emerging as a major problem.

The companies noted that whilst the cost of treatment of normal TB with first line drugs is estimated at around US$40 to US$100 per patient, treatment of multi-drug resistant TB is substantially higher, at around US$800 per patient under WHO managed programmes.

More related stories from Pharma


Healing prayers no cure for the ill, says study

Pulmonary hypertension drug PulmoLAR in human trial

Pharma markets in China, Korea, Mexico, Russia & Turkey gather pace

Pfizerís anxiety drug Lyrica gets EU nod

Asymmetrical breasts: A presage to cancer?

Dream to eradicate polio still far off

GlaxoSmithKline loses fluticasone case

Able files recast plan with bankruptcy court

Ranbaxy in pact with Zenotech on cancer drugs

Lupin and Aspen to form JV on TB drugs

Blood cancer drug Ceflatonin gets orphan drug status

Bangladesh to set up API park; to export drugs worth Tk 8.50 cr to Burma

Wockhard Limited: A profile
Cipla Ltd company profile

 

 

 

Auto news for auto freaks! iDrive.in
DWS community! / Cricket blog

 

Latest Stories in Pharma

 Vertex commences phase II studies for Aurora kinase inhibitor VX-680

GlaxoSmithKline starts H5N1 avian flu vaccine trials in Germany, Belgium

Novartis acquires rights for two drug leads

Serono plans major acquisitions

Samaritan to sell Amphocil in Greece

HIV infection cases fall in South India

Flu drug: Erimos, NC State University seek patent for EM-1421

HollisterStier inks pact with Prism Pharma on cardiovascular drug PM101

Erbitux approved for head and neck cancer in Europe

EPIX Pharmaceuticals merges with Predix

Avanir's involuntary emotional expression disorder (IEED) drug Neurodex gets priority review

 Death of women raises alarm on abortion pillís safety

Prestwick gets approvable letter for Xenazine for treatment of chorea with HD

Nexavar - Kidney cancer drug gets Swiss nod

Anti-rejection drug Prograf approved in US

 

Latest Stories in Pharma

Archived Pharma stories

 

Latest updates    Contact Us - Feedback    About Us