Panacea Biotec

Panacea Biotec is a global generic and specialty pharmaceutical and vaccine maker. It has principal offices in New Delhi, Mumbai, and Lalru (near Chandigarh). It has business interests in research, development, manufacturing and marketing of pharmaceutical formulations, vaccines, biosimilars, and natural products.[1]

History

Panacea Drugs was set up in the year 1984 and got listed in 1995 as Panacea Biotec Ltd. The company has grown organically to become one of the largest vaccine manufacturers in India.

In August 2011, several of its hepatitis vaccines were removed from the list of prequalified vaccines by the World Health Organization[2] because of quality management issues, but the issues were resolved by early 2012.[3] Its leading product, EasyFive-TT, regained WHO PQ in September 2013.[4]

Products

Panacea Biotec is one of the largest vaccine manufacturers and pharmaceutical companies in India. Panacea Biotec is focused on research in Vaccines, Pharmaceuticals, Biosimilars, and Nutraceuticals. It is one of the three largest biotechnology companies in India.[8] The company develops and produces medicines for a wide range of medical disciplines, including oncology, organ transplant, immunology and pain management, gastroenterology, vaccines, and diabetology/endocrinology.

Transplant

Panacea Biotec has many drugs for kidney and liver transplant such as Tacrolimus (marketed as PanGraf), Mycophenolic acid (Mycept), mycophenolate sodium (Mycept S), etc. It also markets generic forms of Tacrolimus[9] in the United States,[10] Germany, among many other developing countries.

Nephrology

Panacea Biotec has a focused presence in nephrology therapy in the highly specialized organ transplantation and dialysis management segments. It offers a range of pre-transplant and post-transplant therapies that include drugs such as lanthanum carbonate, sevelamer, and valganciclovir in conventional and novel drug delivery systems.

Gastroenterology and orthopaedic

Panacea Biotec has many products for treatment of arthritis, haemorrhoids, acid reflux, and other gastrointestinal problems. Its most prominent product is Sitcom, a euphorbia prostata extract that helps different grades of haemorrhoids. It also markets a once-a-day combination of regular and controlled-release Aceclofenac (generic to Clanza CR) under the brand name Willgo CR.

Oncology

Panacea Biotec has many brands marketed in India for the 'affordable' treatment for cancer, viz, breast cancer, brain tumor, ovarian cancer, pancreatic cancer, prostate cancer and colorectal cancer. One of its most prominent brand in this segment is, PacliAll, which is a generic version of Abraxane Protein-bound paclitaxel. The company has plans to market the product in the US as per the patent settlement.[11]

Diabetes

The company has extensively focused on its diabetic portfolio with formulations such as gliclazide, metformin, and glimepiride that are marketed in India and other developing markets under the brand names Glizid, Glizid M, Glizid MR, Betaglim, and Metlong. It is one of the largest diabetic companies in its represented market.

type	Public
traded as	nse: PANACEABIO bse: 531349
founded	1984
location	New Delhi, India
key people	Soshil Kumar Jain (Executive Chairman of the Board) Rajesh Jain (Managing Director) Sandeep Jain (Joint Managing Director)
industry	Pharmaceutical
products	Pharmaceuticals, generic drugs, vaccine
homepage	www.panaceabiotec.com

History

Products

Transplant

Nephrology

Gastroenterology and orthopaedic

Oncology

Diabetes

Vaccines

Notable achievements

Hospital venture

External links

References