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Lupin gets marketing nod for 'Cefpodoxime Proxetil' in France

New Delhi, Mar 13 (UNI) Drug maker Lupin Ltd today said it has received the marketing approval for generic 'Cefpodoxime Proxetil' 100 mg tablets in France.

Lupin will market the product with its French Regulatory agent Venipharm.

'Cefpodoxime Proxetil' is a cephalosporin antibiotic used to treat a variety of bacterial infections.

''This is the first generic approval in France for 'Cefpodixime Proxetil' and Lupin's first significant approval in Europe. We will work with our partners to ensure launch of this generic upon patent expiry,'' said Lupin Ltd Managing Director Kamal Sharma.

''We expect a number of other such approvals in Europe in the coming months,'' he added.

Lupin's 'Cefpodoxime Proxetil' tablets would be the generic equivalent of Sanofi-Aventis's Orelox tablets.

Sales of Orelox tablets in France are close to euro 75 million as per IMS and the patent expiry is August 2007. The French market is the biggest European market for 'Cefpodoxime Proxetil'.

UNI

Reliance demands higher premium from Warehousing Corp

Bhopal, Mar 13 (UNI) The Madhya Pradesh government today admitted in the Assembly that the Reliance General Insurance Company had served a notice to the state Warehousing and Logistics Corporation for cancelling an insurance policy in the middle of its tenure. Replying to a call attention notice moved by Mr Rajendra Kumar Singh (Congress), Civil Supplies Minister Gopal Bhargava said that the Corporation paid Rs 58.76 lakh as premium on four policies granting cover to godowns, by the Reliance company that.....

Dabur to open 350 retail stores at Rs 140cr outlay by 2010

New Delhi, Mar 13 (UNI) Dabur India Ltd today announced its foray into the domestic organised health and beauty retail space with a chain of 350 stores entailing an outlay of Rs 140 crore by 2010. The company said it will enter the retail space through a wholly-owned subsidiary, H&B Stores Ltd, which is still under incorporation. ''Retail is the next big focus area for Dabur India. H&B Stores Ltd plans to set up 350 retail stores across India in five.....

Industry to be set up only on 1% of land: Hooda

Chandigarh, Mar 13 (UNI) Setting aside apprehensions regarding acquisition of agricultural land for industrial purposes, Haryana Chief Minister Bhupinder Singh Hooda today clarified that industry would be set up only on one per cent of land of the state. The remaining 99 per cent land would be used for agricultural, residential and other purposes, Mr Hooda said in response to a question in assembly session. Earlier, Agriculture Minister Harmohinder Singh Chatha told the House that agriculture sector in the state.....
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