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Biocon to Make Three Generic Drugs for Hard-Selling in China

The 10-year agreement envisages Biocon to supply the products to CMS for selling in mainland China

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Biocon, Drugs, China
We have signed an agreement with the subsidiary of China Medical System Holdings Ltd (CMS) to develop, manufacture and supply three generic drugs in the Chinese market. Pixabay

Biotechnology major Biocon would make three generic drugs for hard-selling in China through partnership, the company said on Saturday.

“We have signed an agreement with the subsidiary of China Medical System Holdings Ltd (CMS) to develop, manufacture and supply three generic drugs in the Chinese market,” the city-based firm said in a statement.

The 10-year agreement envisages Biocon to supply the products to CMS for selling in mainland China.

“The foray into China is a part of our long-term generic formulations strategy to expand our business in the Chinese pharmaceuticals market,” said the statement.

Biocon, Drugs, China
Biotechnology major Biocon would make three generic drugs for hard-selling in China through partnership, the company said on Saturday. Pixabay

As the world’s second largest pharma market, the addressable market size for the three drugs is about $800 million (Rs 5,680 crore), according to IQVIA, a US multinational firm that serves health IT and clinical research.

“The collaboration with CMS will allow us to take our US approved generic formulations to patients in China with an early entry,” said Biocon Chief Executive Arun Chandavarkar in the statement.

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The company, however, did not specify the diseases which the three generic drugs will aim to treat. (IANS)

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New Virus Can Spread Through Human Contact: China

China: Possible That New Virus Could Spread Between Humans

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Security guards stand in front of the closed Huanan wholesale seafood market, where health authorities say a man who died from a respiratory illness had purchased goods from, in the city of Wuhan, Hubei province, China. VOA

The possibility that a new virus in central China could spread between humans cannot be ruled out, though the risk of transmission at the moment appears to be low, Chinese officials said Wednesday.

Forty-one people in the city of Wuhan have received a preliminary diagnosis of a novel coronavirus, a family of viruses that can cause both the common cold and more serious diseases. A 61-year-old man with severe underlying conditions died from the coronavirus on Saturday.

While preliminary investigations indicate that most of the patients had worked at or visited a particular seafood wholesale market, one woman may have contracted the virus from her husband, the Wuhan Municipal Health Commission said in a public notice.

CHINA-HEALTH-VIRUS
Commuters wear protection masks inside a subway train in Hong Kong, China. VOA

The commission said the husband, who fell ill first, worked at the Huanan Seafood Wholesale Market. Meanwhile, the wife said she hasn’t had any exposure to the market.

It’s possible that the husband brought home food from the market that then infected his wife, Hong Kong health official Chuang Shuk-kwan said at a news briefing. But because the wife did not exhibit symptoms until days after her husband, it’s also possible that he infected her.

Chuang and other Hong Kong health officials spoke to reporters Wednesday following a trip to Wuhan, where mainland Chinese authorities briefed them on the outbreak.

The threat of human-to-human transmission remains low, Chuang said, as hundreds of people, including medical professionals, have been in close contact with infected individuals and have not been infected themselves.

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She echoed Wuhan authorities’ assertion that there remains no definitive evidence of human-to-human transmission.

The outbreak in Wuhan has raised the specter of SARS, or severe acute respiratory syndrome. SARS is a type of coronavirus that first struck southern China in late 2002. It then spread to more than two dozen countries, killing nearly 800 people. (VOA)