Business Daily from THE HINDU group of publications
Saturday, Jul 28, 2007
ePaper


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Corporate - Alliances & Joint Ventures
Themis, Aventis in tech-transfer deal

Our Bureau

Mumbai, July 27 Themis Laboratories Pvt Ltd has signed a technology transfer agreement with Aventis Pharma Ltd for fixed-dose combinations using two of its best selling medicines, glibenclamide (Daonil) and glimepiride (Amaryl).

The two drugs would be combined individually with sustained-release metformin through a technology developed by Themis Laboratories, and the product would be used in the treatment of Type 2 diabetes.

Daonil and Amaryl are among the best selling products from the Sanofi-Aventis research pipeline and were available as single-ingredient drugs for the treatment of Type 2 diabetes. Metformin is another ingredient used in diabetes medicines.

Fixed-dose need

There was a need to introduce a fixed dose combination for both drugs with metformin sustained-release formulation through a technology that would ensure the required bioavailability, a note from Sanofi-Aventis said.

As per the agreement, Aventis Pharma (part of the Sanofi-Aventis group) will retain exclusive rights for these combinations developed by Themis.

In a company statement, Dr Shailesh Ayyangar, Managing Director of Aventis Pharma Ltd, said that the technology transfer agreement with Themis has enabled Aventis Pharma to introduce Daonil M and Amaryl M in India to give doctors and patients access to quality combination products with indigenously developed patented technology of Themis Laboratories.

Patented tech

This will widen their portfolio of drugs to manage Type 2 diabetes at various disease progression points. “The new fixed-dose combination products use, on an exclusive basis, a patented technology developed by Themis Laboratories that ensures the required bio-availability of individual components and improves convenience and compliance with therapy,” he said.

More Stories on : Alliances & Joint Ventures | Pharmaceuticals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Nicholas Piramal gets US nod for cancer compound


S&P may shift its rating biz to India from Singapore
Andhra Cements pref issue
Electrosteel interim dividend
Dish TV in talks with FIIs to raise funds
Punj Lloyd bags Rs 498-cr order
Ganage launches training centre in Pune
Celebrity Fashions may hive off export unit
DTZ buys UK property consultancy
Renuka Sugars buys two cos
MIL eyes acquisition in Europe
Suzlon shifting new projects from Maharashtra
Unitech expanding operations to South
SRMB Udyog to set up 12 steel units
IOC-OIL acquisition vehicle to be in Mauritius
Mitsubishi Heavy, VST plan unit for small diesel engines
Themis, Aventis in tech-transfer deal
NTPC in pact with BARC
‘CESC to invest Rs 18,000 cr in various projects’
Tata Chem looks to renew focus on agri sector
Companies to get their own postal pin codes


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line