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Venus Remedies
Source Name: Venus Remedies

Venus Remedies Bags Indian Patent for Vancoplus

Feb 09, 2015   15:29 IST 
Chandigarh, Punjab, India
  • The novel antibiotic adjuvant entity is highly effective against drug-resistant infections, different resistance mechanisms which no other existing therapeutic options available in the market are able to tackle

  • Vancoplus projected to cater to a market of Rs 214 crore in India by 2018-19

  • Its patent is valid till 2025

 

Venus Remedies Limited, an R&D-driven global pharmaceutical company working on innovative medicines in the anti-infective and oncology segments, has received a product patent grant for its unique antibiotic research product, Vancoplus, from the Indian Patent Office (IPO). The patent is valid till 2025.

 

Commenting on the achievement, Dr (Mrs) Manu Chaudhary, Joint Managing Director, Venus Remedies Limited, and Director, Research, Venus Medicine Research Centre (VMRC), the company’s R&D wing, said,It took the VMRC more than seven years to develop this product. It is one of the best and safest options to get rid of drug-resistant gram-negative and gram-positive bacteria, including methicillin-resistant Staphylococcus aureus (MRSA), vancomycin-intermediate Staphylococcus aureus (VISA) and heterogeneous glycopeptide-intermediate Staphylococcus aureus (hGISA).”

 

The total global market size of MRSA-associated infections is around $9 billion. At present, it is growing at a compounded annual growth rate (CAGR) of 4.8 per cent, which is estimated to go up to 12.4 per cent by 2017. In India, Vancoplus is projected to cater to a market of Rs 214 crore by 2018-19.

 

Vancoplus is a novel antibiotic adjuvant entity that is highly effective against the notorious MRSA bacterial strain and multi-drug resistant microbes primarily responsible for causing infections like meningitis, pneumonia, typhoid, septicemia, urinary tract infections, skin infections and staphylococcal endocarditis. It is also active against different mechanisms of resistance, such as cell membrane impermeability, efflux pumps and biofilms, which no other existing therapeutic options available in the market are able to tackle.

 

Vancoplus has already been launched in India, and so far about 80,000 patients have been cured with it. The product has received an overwhelming response from the country’s medical fraternity. Vancoplus is the need of the hour due to its high efficacy against such infections. Considering the rising prevalence of MRSA, VRSA and hGISA infections, we are hopeful that this patent for Vancoplus will help us capture a significant market share,” said Dr Manu Chaudhary.

 

The company has conducted clinical trials for this drug on a large patient sample size to prove its clinical efficacy and safety, which is further validated by publications in peer-reviewed journals. Venus has more than 15 research papers on this product to its credit.

 

So far, the company has received patents for Vancoplus from more than 18 countries, including the USA, Japan, South Africa, New Zealand, Ukraine, Australia and South Africa. It is holding advanced-level discussions with some multinational companies for the outlicensing of this product.

 

About Venus Remedies:

Venus Remedies, headquartered in Panchkula, Haryana (India), is among the 10 leading fixed-dosage injectable manufacturers in the world. The company has three manufacturing units, in Panchkula, Baddi (both India) and Werne (Germany) and 11 overseas marketing offices, including a presence in the US and Germany.

 

The manufacturing units are certified for ISO 9001, ISO 14001, ISO 18001 and OHSAS. The company has also been approved by EUROPEAN-GMP, WHO-GMP, Latin American GMP (INVIMA), Ukrainian GMP, Zimbabwe GMP, Uganda GMP, Syrian GMP, Columbian GMP, Kenya GMP, Yemen GMP, Saudi Arabian GMP and Iranian GMP, among others.

 

Venus Remedies has been ranked 107th in Asia (source: Bio Spectrum Asia) and among the 500 largest pharmaceutical manufacturing companies in the world (source: Plimsoll Worldwide Business Intelligence Report).

 

Venus has won over 102 patents for its innovative research products worldwide. The company has presence in 60 countries and covers more than 75 products.

 

About Venus Medicine Research Centre:

The Venus Medicine Research Centre (VMRC) located at Baddi, Himachal Pradesh, is a fully equipped interdisciplinary drug discovery and development centre, duly approved by the Department of Scientific and Industrial Research (DSIR), Government of India.

 

The VMRC is committed to developing therapeutics to meet the challenges of antimicrobial resistance, targetted delivery of anticancer drugs and to provide solution to unmet medical needs in area of pain management. It has come up with many solutions for chronic diseases and has been awarded as the best innovator in hat trick by Indo US Science & Technology forum, Govt of India. It has achieved significant breakthrough in small molecule research for developing products helpful in combating antimicrobial resistance, utilising novel targets and adjuvants which synergise with other antibiotics and minimising potential for resistance for notable resistance barriers like ESBLs, “plasmid encoded carbapenem resistant metalo-beta-lactamases”, methicillin-resistant staphylococcus aureus (MRSA) and bacterial biofilms.


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