Home Business

Natco to release 1 mn doses of H1N1 drug

Hyderabad-based drug maker Natco Pharma Limited will be releasing into the market over 1 million doses (10 million tablets) of Natflu, its medicine for treatment of swine flu, by the end of next month. - Natco expecting Rs 600-cr turnover by this fiscal end - Natco to release 1 mn Natflu doses by Oct end - Natco Pharma launches anti-swine flu drug, Natflu - Natco to release 1 mn Natflu doses by Oct end - Obama announces plan to expand fight against swine flu - 40% of swine flu patients young and healthy: WHO With H1N1 virus spreading in the country, “We will be required to supply at least 1 million doses of Natflu by the end of October,” Natco director and chief financial officer, P Bhaskara Narayana, said adding that the cost of each dose was pegged at Rs 480. Natco has so far released into the market 125,000 doses of Natflu, which are currently available in 33 medical shops, including 25 MedPlus shops, in Hyderabad. “The drug will be now made available throughout the city within a week and in 500-600 medical shops across the country by October 15,” Narayana told mediapersons. He said Natco would also be launching paediatric doses (in syrup form) of Natflu in 45 days. At present, the company is supplying only 75 mg Natflu tablets, which is basically an adult dosage. Narayana explained that the price of a Natflu tablet was about Rs 3 higher than that of the competitor’s drug because of improved package in an air-tight container. The company’s package would enhance the shelf life of the drug by one year. Natco, however, is supplying Natflu to the government at Rs 275 a dose. Narayana said this was possible as the supplies meant for government does not include taxes and distributor’s margin. Natflu is being produced at the company’s US Food and Drug Administration approved facility near here. “It has adequate capacity and we can meet whatever is the demand for the drug,” Narayana said. Natco has tied up with an overseas company and also a domestic outfit for supply of raw material.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Cairn India Q3 net up 23% to Rs 291 cr
Buoyed by ramping up output from Barmer oilfield, Cairn India today reported a 23 per cent rise in net profit to Rs 291 crore in the third quarter.
Popular Articles
fast payday loans

Eveready profit rises 415%
Eveready Industries India has recorded a profit after tax of Rs 16.05 crore for the quarter ended June 30, 2009, an increase of 415 per cent on the back of a four per cent gain in margins and excise duty benefit. Profit before tax increased 444 per cent to Rs 15.14 crore.Net sales increased six per cent to Rs 232.37 crore. Deepak Khaitan, executive vice chairman and managing director, Eveready said, the outlook for the next quarter was good. The company plans to reduce debt by Rs 50-60 crore this year through internal accruals and has also put up for sale its battery factory closed at Hyderabad.

Student JAC to block national highways on January 5
Students of the joint action committee (JAC) at Osmania University, the nerve centre of pro-Telangana protests, on Sunday said they would block all the entry points to Hyderabad, including national highways, in a bid to prevent leaders of Seemandhra (Rayalseema and Andhra) from entering the state capital on January 5.