Navigation Links
Panacea Biotec In-Licenses FMD Vaccine

Panacea Biotec Ltd today said it has entered into an agreement with the National Research Development Corporation (NRDC) // for in-licensing of Foot and Mouth Disease (FMD) vaccine developed by the Indian Veterinary Research Institute.

'As part of the agreement, we will produce and market the vaccine in the Indian market first. As and when we meet the requirements of the domestic market and if there is extra capacity available we will also export it,' company's Joint Managing Director Rajesh Jain said.

He said the vaccine would be rolled out in the market in the next 18-24 months after completing the technology transfer and would take part in the government's tender process for supply of the vaccine for eradication of FMD in India.

'Initially, we are targeting a production of about 5 million doses which will be increased by 25-30 per cent annually,' he said.

Asked if production of the FMD vaccine would require any investment from the company, he replied in the negative and said, 'this will be manufactured at our multi-product facility.' Jain said the company expected a significant contribution from the FMD vaccine to its overall topline and bottomline growth, but 'it is too early to quantify at the moment.' 'When we are near to about six months of production we should be able to finalise the pricing of the vaccine,' he added.

NRDC Chairman and Managing Director Somentah Ghosh said the organisation had also signed a similar in-licensing agreement with another Indian company but declined to disclose citing a confidentiality clause.

(Source:PTI News)
'"/>




Page: 1

Related medicine news :

1. Panacea Biotech To Market Anthrax Vaccine
2. Panacea To Market Measles Vaccine In India
3. Websites That Offer Panacea for Eating Disorders may Be Dangerous
4. Biotechnology industry expected to grow into a three billion dollar industry by 2002
5. Biotechnology on the lead
6. Panacea Biotech To Market Anthrax Vaccine
7. Commercialization of Biotech Discoveries, An Encouragement For Researchers
8. Biotech drug causing anemia-EPREX
9. Leading Biotech Companies Are Interested In Acquisition Of Smaller Companies
10. Biologicals Transfer Proposal between US and Indian Biotechnology
11. Vical Biotech and NIH jointly develops HIV vaccine
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:1/24/2017)... , ... January 24, 2017 , ... Bellus Medical, a ... team of medical experts. In his new role Dr. Dobke will provide physician oversight ... Dr. Dobke is the Head of Plastic Surgery and Associate Professor of Surgery at ...
(Date:1/24/2017)... Iowa City, IA (PRWEB) , ... January 24, 2017 , ... ... in the country, has taken great care to design a program that provides teachers ... language abroad and domestically. This online teaching certificate is ideal for post-baccalaureate students and ...
(Date:1/24/2017)... Pass, OR (PRWEB) , ... January 24, 2017 ... ... Gerald H. Pollack, Ph.D., http://www.faculty.washington.edu/ghp , Sharon Kleyne, the nation’s foremost ... of Water, Global Climate Change and Your Health on Voice America, once again ...
(Date:1/24/2017)... ... January 24, 2017 , ... TopConsumerReviews.com ... for relieving premenstrual syndrome, or PMS . , Most women of child-bearing ... can include cramps, constipation, irritability, headaches, fatigue, and other discomfort. For some ...
(Date:1/24/2017)... ... January 24, 2017 , ... “Spiritual Vitamins: A ... connection with God. “Spiritual Vitamins: A Spiritual Energy Booster” is the creation of ... Publishing, Mathai Yohannan’s new book engages the mind and spirit in a quest ...
Breaking Medicine News(10 mins):
(Date:1/24/2017)... , January 24, 2017 Analysis of the ... Liquid Biopsies - our new study reveals trends, R&D ... heading? If you are involved in this sector you must read ... potential revenues streams to 2027, assessing data, trends, opportunities and business ... Discover ...
(Date:1/24/2017)... Sweden , Jan. 24, 2017 Results ... target dose compared with linac-based radiotherapy platforms ... better spares healthy brain tissue and delivers a higher radiation ... evaluating patients undergoing radiosurgery for large or complex brain tumors, ... . ...
(Date:1/24/2017)... , Jan. 24, 2017 Sherpa Clinical ... materials management services, is pleased to announce the ... Kevin joins the Sherpa team to lead Sherpa,s ... level of service excellence. Kevin is ... pharmaceutical manufacturing industries. He has extensive experience working ...
Breaking Medicine Technology: