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Panacea Biotec to produce 100 mn annual doses of Sputnik V in India


The Russian Direct Investment Fund (RDIF, Russia s sovereign wealth fund), and Panacea Biotec announced cooperation to produce 100 million doses per year of Sputnik V, the world s first registered vaccine against coronavirus.
Production of Sputnik V at Panacea Biotec sites will help facilitate global supply of Sputnik V to international partners of RDIF.
To date Sputnik V has been registered in 59 countries globally with total population of over 1.5 billion people.
Efficacy of Sputnik V is 91.6% as confirmed by the data published in the Lancet, one of the world s oldest and most respected medical journals.
The vaccine is based on a proven and well-studied platform of human adenoviral vectors and uses two different vectors for the two shots in a course of vaccination, providing immunity with a longer duration than vaccines using the same delivery mechanism for both shots. ....

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Generic Drugs Market Revenue Worth $786 Billion by 2030 says P&S Intelligence


Generic Drugs Market Revenue Worth $786 Billion by 2030 says P&S Intelligence
NEW YORK, March 17, 2021 /PRNewswire/ Almost 75% of the deaths in 2020 were because of chronic diseases, as per the World Health Organization (WHO). Among the diseases, the deadliest were ischemic heart disease, diabetes, cancer, and stroke. This is to be a major factor to propel the global generic drugs market size to $786.0 billion by 2030 from $278.4 billion in 2019, at a 10.0% CAGR between 2020 and 2030. This is because branded drugs are often expensive, which is why a large number of people in developing countries are not able to purchase them.
Generic drugs, on the other hand, are cost-effective, at the same time contain the same active ingredients and have a similar effect as patented drugs. In this regard, the generic drugs market is also being driven by the patent expiry of blockbuster medications. As patented drugs lose their certification, it gives pharmaceutical companies the opport ....

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Dr. Reddy's Launches Generic Version Of Xeloda Tablets


Dr. Reddy s Launches Generic Version Of Xeloda Tablets
NEW DELHI (dpa-AFX) - Dr. Reddy s Laboratories Ltd. (RDY), an integrated pharmaceutical company, announced the launch of Capecitabine Tablets, USP a therapeutic equivalent generic version of Xeloda Tablets approved by the FDA. Dr. Reddy s Capecitabine Tablets, USP are available in 150 mg and 500 mg strengths in bottle count sizes of 60 and 120, respectively.
Dr. Reddy s Laboratories noted that the Xeloda brand and generic had U.S. sales of approximately $90 million MAT for the most recent twelve months ending in October 2020 according to IQVIA Health.
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Reddy Laboratories Ltd , Capecitabine Tablets , Xeloda Tablets , சிவப்பு ஆய்வகங்கள் லிமிடெட் ,