Business Opportunities

Suven Life gets two more US patents for NCEs

Suven Life Sciences Limited, a Hyderabad-based biopharmaceutical company specialising in central nervous system (CNS) diseases, has received patents for two new chemical entities (NCEs) from the US Patent office. - SC issues notices to Centre, others on Novartis petition - Road to recovery: Gujarat"s pharma share rises to 30% - Suven Life"s drug discovery achieves milestone - Aurobindo Pharma receives Swissmedic approval - Ranbaxy to launch Rocaltrol(R) in US soon - Cipla to raise Rs 1,500 cr by issue of shares The two NCEs are indicated for the treatment of disorders associated with neurodegenerative diseases and these patents are valid until 2022 and 2024 respectively. The two molecules in the CNS arena, which are being developed for cognitive disorders, have an estimated $20 billion market potential globally. With these two patents, Suven now has a total of four granted US patents on NCEs. In a filing to the BSE on Monday, Suven Life said the granted claims of the patents included the class of selective 5-HT compounds discovered by the company and were being developed as therapeutic agents and are used in the treatment of cognitive impairment associated with neurodegenerative disorders like Alzheimer"s disease, attention deficient hyperactivity disorder, Huntington"s disease, Parkinson and Schizophrenia. The scrip of Suven Life is currently trading at Rs 31.55 on the BSE, up 4.99 per cent as against the previous close of Rs 30.05.


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

Categories
Business Ideas
Business Opportunities
Corporate
Home Business
International Business
Management
Online Business
Public Company
Public Relations
Small Business
News of the day
Govt approves policy for digitised cable content
The government today approved the policy for Headend-in-the-Sky (HITS) operators, a technology that will provide digitised cable content to viewers across the country. The guidelines are not binding on the cable operators or the subscribers and they can continue with the existing analogue system.
Popular Articles
fast payday loans

Letters: Pandora's box
History repeats itself. It was the fast unto death of Potti Sriramulu that heralded the formation of Andhra Pradesh and the subsequent reorganisation of states on a linguistic basis in the 1950s. This time, it is Chandrasekhara Rao’s fast whose reverberations are indicative of the fact that another redrawing of the map is on the anvil.

S Tel launches mobile services; joins 1p tariff war
S Tel, a joint venture between the Chennai-based Siva group and Bahrain Telecom, today said it will launch mobile services from tomorrow with twin tariff plans of one paise a second and 50 paise per minute.

© Copyright 2009