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28th June 2001

Top stories of the week
Glaxo earmarks Rs 18,000 cr for genomic research
Global pharma giant GlaxoSmithKline (GSK) has earmarked a whopping sum of Rs 18,000 crores for developing genomic drug targets in two major disease segments, viz., obesity and oncology.

Indo-Polish biotech venture feared to come a cropper
THE bilateral agreement reached three months ago between the govts of India and Poland to explore the biotechnological approaches to herbal drug development is feared to come a cropper, thanks to the paucity of funds and byzantine bureaucratic delays.

Ethypharm to set up R&D and mfg units
Ethypharm, Europe’s leading company specialising in drug delivery systems, has identified India as one of the strategic destination for development of novel drug delivery systems.


‘Market surveillance than pricing to be NPPA’s prime responsibility’
B S Baswan,
chairman of the National Pharmaceutical Pricing Authority and Secretary to the Government of India is a young and charismatic bureaucrat who can sense the pangs of a fledgling industry while addressing the concerns of the general populace.
EXPRESS PHARMA PULSE
WORLD NEWS

Two by two matrix: A powerful tool
UI therapy market turns lucrative
Aquasearch kicks off Multimedia ad campaign for AstaFactor
‘Walkthru Project’ renders real-time 3D models for engineering
Prelude Computer Solutions signs agreement with ITM Associates
Illinois Tool Works to acquire Texwipe Company

Corixa, Kirin to tie up on antibodies
Kosan receives NCI grant for Epothilone
Merck lowers estimate, cites Vioxx sales
Biogen, Genentech battle with psoriasis drugs
Inhibitex gets Orphan Drug status for Staph. drug
Novuspharma begins phase II study on pancreatic cancer drug
Depomed begins phase III trial for Metformin
Cell Genesys launches phase I/II trials of Gvax
Viragen approved to start MS clinical trials

TECHNOLOGY TRENDS
CORPORATE MONITOR

Journey to global standards
Needle-free injections finally become a reality
Lexicon announces tech sublicensing programme for academic research

Biocon’s anti-diabetics range to hit market soon
Orchid forays into anti-AIDS segment
Panacea to commercialise NDDS for eye drops
Millipore to invest Rs 500 cr in bio-science worldwide
News In Brief

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