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Kee Biogenetics, the biotech arm of Kee
Pharma, set up last year as a result of a strategic
tie-up with the Cuba based Heber Biotec,
S.A., has made its first introduction
in the Indian Market. The company today launched
India's first Recombinant DNA Streptokinase
under the brand name 'Cardiostrep', announcing
its entry into the exciting Biotechnology segment.
The drug will be made available in two strengths
of 0.75 MIU & 1.5 MIU and is expected
to make a huge impact in the Cardiology segment
in the treatment of a number of Cardio-vascular
diseases like Myocardial Infarction and Thrombosis.
In addition to the natural advantages of higher
purity (more than 99% pure), higher efficacy (therefore
lower dosage requirement) and lower side effects
that accrue to this new drug, thanks to the recombinant
DNA technology, the greatest impact will probably
be made as a result of the pricing. While the
existing brands of natural Streptokinase are priced
anywhere from Rs. 1395 to Rs. 1900 for 0.75 MIU
strength and from Rs. 2497 to Rs. 3400 for 1.5
MIU, Kee Biogenetics' superior recombinant version
will be priced much cheaper at Rs. 1250 for 0.75
MIU and Rs. 2250 for 1.5 MIU. This is bound to
make this lifesaving drug more accessible to the
average consumer.
Commenting on the launch, Mr Anil Motihar,
Managing Director, Kee Pharma said, "The
current Streptokinase market in India is estimated
at Rs. 50 crores and growing at approximately
30% per annum. With its distinct superiority over
natural Streptokinase, our product is expected
to acquire a major share of this market."
Mr Motihar further added, "Kee
Biogenetics plans to be a dominant force in the
exciting Biotechnology Segment. While 'Cardiostrep'
announces our entry into this field, we have lined
up a number of revolutionary biotech drugs to
be introduced in India to consolidate our stand."
In addition to myocardial infarction, the drug
will also find useful application in diseases
like deep vein thrombosis, lung artery emboly,
occlusions of extreme arteries, retinal blood-vessel
thrombosis, etc.
Kee Biogenetics is also planning to introduce
a number of other biotechnology-based drugs in
various therapeutic segments like Oncology, Immunology
and Gastro-enterology (Hepatitis). While many
of the introductions will come from the strategic
tie-up with Heber, the company has also formalised
tie-ups with a number of leading Russian biotech
companies like The State Scientific Centre
Research Institute of Highly Pure Bio-preparations,
Institute of Polio Myelitis and The Centre of
Modern Medicine - 'Medicor'. These institutes
are highly acclaimed in the field of Biotechnology
products and vaccines.
Text: Prasad Hiranwar
Courtesy: Perfect Relations
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