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Ankur Drugs signs IPR agreement with Germany's Labtech

New Delhi, Mar 4 (UNI) Ankur Drugs and Pharma Ltd said it has signed an agreement with Labtech of GMBH, Germany and Applied Pharma Research (APR) for exclusive intellectual property rights for a novel technology.

For requisite machines and equipment, the company has partnered with Optimags, a special coating line in Germany and Siebler (Romaco group) packing line for its products -- Ondansetrone, Donepezil Hcl, Ketotifen Fumarate, Baclofe, Rivastigmine, Sildenafil Citrate, Glimepiride and Olanzapine.

The exclusive manufacturing rights have been granted for initial 15 years in India, Bangladesh, Sri Lanka, Pakistan and Afghanistan, a statement said on Friday.

Commercial launch of these products is expected to start in January next year.

It has also inked technology tied-ups for manufacturing and marketing rights of 'Fantanyl' in India, Bangladesh, Pakistan, Nepal, Afghanistan, Bhutan, Brunei, Indonesia, Cambodia, Casachstan, North Korea, Laos, Malaysia, Maldives.

UNI

UT focussing on human resource industry: Shahjahan

Puducherry, Mar 16 (UNI) The Union Territory of Puducherry is not focussing on large industries due to constraints in getting lands and instead going in for human resource industry, Minister for Education and IT M O H F Shajahan said today. Inaugurating a conference on 'Globalisation impact on Indian Business' organised by the Confederation of Indian Industry (CII) here, Mr Shajahan said the administration proposes to set up a 'Land Bank' here. Stating that the administration's desire was to make.....

INCB warns of counterfeit medicines flooding markets

New Delhi, Mar 4 (UNI) The International Narcotics Control Board (INCB) has said a flood of counterfeit medicines now available in many countries could have fatal consequences for consumers. In its annual report released in Vienna, copy of which was made available here, it called on member states to enforce legislation to ensure that narcotic drugs and psychotropic substances were not illegally manufactured or diverted from licit manufacturers and distribution channels to unregulated markets. The danger of unregulated markets was the.....

Smart card industry to touch $149mln by FY11

New Delhi, Feb 20 (UNI) The continued boom in the mobile telephony market and the paradigm shift in the government's documentation process has opened up the horizon for greater usage of smart cards in the country. According to a recent study by global consultancy Frost&Sullivan, the total market for smart cards is forecast to reach 148.7 million dollars by 2010-11, registering a CAGR of 22.7 per cent. The same was estimated to be at 44.7 million dollars during 2005-2006. ''The.....
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