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| The Andhra
Journal of Industrial News |
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Chief Editor:
Sreenivasarao
Vepachedu, PhD, JD, LLM |
|
Issue 17 |
5107 Kali Era , Paardhiva
Year, Shravana
month
2063 Vikramarka Era, Paardhiva Year, Shravana month 1927 Salivahana Era , Paardhiva Year, Shravana month 2005 AD, August |
Contents
New Medicines for Malaria
Nanotechnology
New Indian Patent Regime
US Patent System in Crisis
Ranbaxy Launches Attack
on Pfizer
Atkins Bankrupt
Drugs To Watch
Dr. Reddy's drug famotidine
New Medicines
for Malaria
A study reported in The Lancet medical journal shows for the first time that
artesunate is better at saving lives than the standard medication, quinine,
reducing the chance of death from malaria by 35 percent in the Indian Continent.
Quinine is more effective against the malaria parasite in Africa than in
the Indian Continent. The study was conducted in hospitals in Bangladesh,
Indonesia, India and Myanmar. However, most of the world's malaria deaths
occur in Africa, where it is mostly children who are affected. The disease
progresses differently in children and the drug may work differently in them.
Whether artesunate would be better than quinine in that situation remains
unclear. Quinine is cheaper and more easily available. It is likely
that quinine will remain the drug of choice for treating severe malaria in
Africa.
Nanotechnology
Nanosphere, Inc., a nanotechnology-based molecular diagnostics company, announced
that a study of micro- and nanotechnology patent portfolios has ranked the
company second overall in terms of pipeline power. The report, prepared by
intellectual property consulting firm 1790 Analytics LLC and published in
the July/August 2005 issue of Small Times, evaluates companies' portfolio
strength based not only on number of patents issued, but also such factors
as pipeline growth and originality. Only Hewlett-Packard was ranked
higher than Nanosphere.
Materials scientists working with biologists at the
University of California, Santa Barbara have developed "smart" bio-nanotubes
— with open or closed ends — that could be developed for drug or gene delivery
applications. The nanotubes are "smart" because in the future they could
be designed to encapsulate and then open up to deliver a drug or gene in
a particular location in the body. The scientists found that by manipulating
the electrical charges of lipid bilayer membranes and microtubules from cells,
they could create open or closed bio-nanotubes, or nanoscale capsules. The
news is reported in an article to be published in the August 9 issue
of the Proceedings of the National Academy of Sciences.
New Indian
Patent Regime
Innovation
drives new technologies and the economy. Patents are fundamental
to innovation. With the new patent regime in place from the beginning
of this year, India moved into the hi-tech area of intellectual property
rights with the first modern patent office becoming operational in Delhi
on 29th August 2005. Three more such offices will come up in Mumbai,
Chennai and Kolkata. Inaugurating the new office building, the Minister
for Commerce and Industry, Kamal Nath, said Indian patent offices would be
comparable to the best in the world. Stating that the offices of all related
services such as patents, trademarks, copyright and geographical indications
would be located in the same complex, the Minister said now it would be the
responsibility of the intellectual property officials to ensure delivery
of services in an equally efficient and transparent manner. Terming
intellectual property as the foundation of a knowledge-based economy, Nath
said intellectual property, be it in the form of patents, design, trademarks
or geographical indications, were becoming increasingly important not only
for wealth creation, but for providing employment and improved living standards
for the masses. "Patent application filings in India have gone up almost
four-fold in the last five years (from 5,000 in 1999-2000 to 17,000 last
year). In the last two years alone, we have issued about two lakh trademark
certificates, and another one lakh certificates are going to be issued in
the current year," he said.
US Patent
System in Crisis
Patents are a fundamental thread of our America's fabric, enshrined in the
Constitution. But more than $500 million in fees collected by the Patent
Office in the last several years has been siphoned off by Congress to pay
for unrelated federal programs, leaving the Patent Office under-funded and
impairing patent quality. Patent litigation has become an industry
in and of itself. More than 2, 500 patent lawsuits are filed each year. The
average cost of patent litigation is upward of $4 million. This and the threat
of being forced to pull products and features from the market based on patents
of questionable validity create fertile ground for abuse. The time
for change has come. The Patent Act of 2005, introduced by Rep. Lamar
Smith, R-Texas, chairman of the House Intellectual Property Subcommittee,
includes a drastic reform no one is talking about that promises to create
far more problems than it solves. Read more
here.
Ranbaxy
Launches Attack on Pfizer
Ranbaxy Ltd has launched court battles in Britain and US against the American
pharmaceutical giant Pfizer for the rights to produce the cholesterol drug
atorvastatin at a cheaper price and save the National Health Service billions
of pounds a year. Ranbaxy, is trying to invalidate Pfizer’s patent, taking
away its exclusive right to sell the drug, and market it itself in Britain
and America, a media report said.
Atkins Bankrupt
Atkins Nutritionals Inc., the company that promoted meat eating into an American
national diet craze, filed for bankruptcy court protection on August 1st.
The firm was founded in 1989 by Dr Robert Atkins and promoted a diet that
replaced carbohydrates such as bread and pasta with meat. Medical experts
said that following the diet plan for an extended period could have long-term
negative effects on health pointing to lack of vegetables and fruit in the
diet. The founder Robert Atkins died in April 2003.
Drugs To Watch
Pharmaceutical and biotechnology companies are literally developing hundreds
of medicines. Click on a disease category for a list of experimental
medicines being developed to treat related illnesses at Forbes.com.
Dr. Reddy's
drug famotidine
Dr. Reddy's Laboratories Ltd. (REDY.BO: Quote, Profile, Research) (RDY.N:
Quote, Profile, Research) has received tentative approval from the U.S. Food
and Drug Administration for its gastrointestinal drug famotidine, the FDA
said on August 19.
|
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Management |
The Foundation |
The Andhra Journal of
Industrial News |
The Telangana Science
Journal |
Mana Sanskriti (Our
Culture) Journal |
Disclaimer | Solicitation |
Contact |
VPC |