Online Business

Govt stays suspension on Natco's Albupax licence

Government of India has stayed suspension of Natco Pharma"s Albupax manufacturing (product) licence. Albupax is a nanotechnology based drug and is the first generic version of the international brand Abraxane of Abraxis Bioscience Inc, USA. Albupax consists of Paclitaxel in an albumin-bound nanoparticle form and is used to treat breast cancer. - Natco Pharma, Apollo Hospitals, Sundram Fasteners & Emami Q2 result - Natco to release 1 mn doses of H1N1 drug - Natco to release 1 mn Natflu doses by Oct end - Natco Pharma launches anti-swine flu drug, Natflu - Natco stops production of breast cancer drug on liver concerns - Natco Pharma FY09 net rises 8.5% at Rs 44 cr Drugs Controller General of India (DCGI) had suspended Natco Pharma"s manufacturing license allegedly for not passing the test measuring endotoxin levels. Later, Natco Pharma appealed under the Drugs and Cosmetics Rules against the suspension order. Natco"s plea said an appropriate test method needs to be employed to evaluate nanotechnology based protein-bound formulations as the testing method used for such formulations are highly complex and variable. Natco would soon announce the future plans.

Add your comment:

Name:
Site address:	http://
Your message:
Enter today\\\\'s date, 2 digits (spam protection):