·   Log in

Shantha Biotechnics bags $340 million UN contract to supply pentavalent vaccine

Thursday, September 3, 2009, 9:41 This news item was posted in Biotech, Featured category and has 1 Comment so far.

Shantha Biotechnics has bagged $340 million worth of contracts from the United Nations to supply a pentavalent vaccine for a period of three years, announced the French drug maker Sanofi-Aventis, which controls a majority stake in Shantha Bio.

shantha-biotechnics-logo

Shantha Biotechnics will supply its pentavalent vaccine Shan 5 which offers protection against 5 infections –diphtheria, pertussis, tetanus, Haemophilus influenza B and Hepatitis B –in children over a period starting from 2010 to 2012, as per the contract terms.

Shan5 is India’s first indigenously developed liquid pentavalent vaccine (DTP-Hep B-Hib). Shan 5 is used for vaccination of infants aged more than 6 weeks and given in three doses.

In July, Sanofi-Aventis’ vaccine division, Sanofi Pasteur decided buy Merieux Alliance’s French subsidiary ShanH, which owns 80 percent stake in Shantha Biotechnics for EURO 550 million. In 2006, Mérieux Alliance had bought 60% stake in Shantha Biotechnics at a valuation of US$175mn.  The Britis drug major GlaxoSmithKline was also in the race to acquire a controlling stake in Shantha Biotechnics.

Sanofi’s acquisition of Shantha, which sees sales of around $90 million in the current fiscal year, is expected to be completed by the end of the third quarter.

Hyderabad, southern India -based  Shantha Biotechnics is the first Indian company to develop, manufacture and market a recombinant human healthcare product Shanvac-B. Shanvac-B is the first Indian Hepatitis-B vaccine to be pre-qualified by WHO, Geneva, for supplying to UN agencies globally.

Related stories:

Bharat Biotech and Shantha Bio stand to gain as WHO includes global
use of rotavirus vaccine

Oral cholera vaccine Shanchol from Shantha for India

Shantha has also obtained WHO pre-qualification for its Shantetra – combination vaccine of DPT and  Hepatitis-B. Shantetra offers immunity against diphtheria, pertussis (whooping cough), tetanus and hepatitis B. It is used for vaccination of children aged more than 6 weeks and given in three doses.

Shantetra is the second vaccine to receive WHO-Geneva pre-qualification in the company. Before Shantetra, Shantha Biotechnics got WHO approval for ShanTT is a vaccine against tetanus caused due to infection by a bacteria – Clostridium tetani. ShanTT is used for vaccination of children as well as adults.

Shantha’s multi-product vaccine portfolio contains other leading vaccines like ShanHib – a vaccine against infections caused by Hemophilus influenzae type-B. ShanHib is available in liquid as well as lyophilised form. A single injection of ShanHib prevents infants from childhood infections caused due to Hemophilus influenzae type-B. It is used for vaccination of infants more than 6 weeks of age and given as 3 doses with a booster at 15-18 months.

Shantha’s R&D efforts focuses around development of generic biologicals, novel therapeutic antibodies, proteins and vaccinesin the fields of oncology, infectious diseases and platform technologies.

Scroll down to comment on this story
You can leave a response, or trackback from your own site.

One Response to “Shantha Biotechnics bags $340 million UN contract to supply pentavalent vaccine”

  1. Helping you Get Rid of Arthritis Pain! | What your joints need said on Saturday, September 12, 2009, 2:46

    [...] Shantha Biotechnics bags UN contract to supply pentavalent vaccine … [...]

Leave a Reply

Spam Protection by WP-SpamFree