|
Online edition of India's National Newspaper Thursday, September 06, 2001 |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Science & Tech |
Miscellaneous |
Features |
Classifieds |
Employment |
Index |
Home |
|
Business
| Previous
| Next
Morepen files third patent
By Our Staff Correspondent
MUMBAI, SEPT. 5. Morepen Laboratories has filed its third
international patent on an improved process for the preparation
of the amorphous form of Atorvastatin calcium.
With this new improved non-infringing process for the preparation
of amorphous Atorvastatin calcium, Morepen would internationally
gain entry into the $4 billion global market and would be able to
address the substantial export market and launch it under the
brand name of Orvastin in the domestic market.
The process developed by Morepen bestows greater yield of highly
pure Atorvastatin calcium with very low values of residual
solvents and degradation products. The process ensures speed and
consistency of production that is vital to improve the commercial
viability of manufacturing Atorvastatin calcium.
According to a company release, Atorvastatin enjoys 46 per cent
of the sales turnover of Statins in India and has a multi-billion
dollar market the world over. The domestic market is of the
magnitude of more than Rs. 100 crores annually and is growing at
the rate of 71 per cent.
Atorvastatin is the number one among prescribed drugs in the U.S.
where it is marketed under the brand name of Lipitor and has the
second largest sales turnover there. It is the most widely
prescribed cholesterol-lowering agent of the class of Statins.
Send this article to Friends by E-Mail
|
|
Section : Business Previous : Pharma stocks remain in favour Next : IDBI may foray into housing finance | |
|
Front Page |
National |
Southern States |
Other States |
International |
Opinion |
Business |
Sport |
Science & Tech |
Miscellaneous |
Features |
Classifieds |
Employment |
Index |
Home | |
|
Copyright © 2001 The Hindu Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu |
|