Business Standard
Tuesday, May 29, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Kemwell plans biopharma plant in B'lore
BS Reporter / Chennai/ Bangalore Jun 11, 2009, 00:39 IST

Kemwell, a provider of contract manufacturing and development services for pharmaceutical products globally, is building a biopharmaceutical manufacturing plant in Bangalore.

The Rs 300-crore Bangalore-based company is planning to invest $50 million (about Rs 235 crore) in this facility, and has formed a strategic alliance with German pharmaceutical firm Boehringer Ingelheim for technical and marketing collaboration. Under this, Boehringer Ingelheim will provide technical know-how and marketing support to Kemwell for its contract manufacturing services.

Speaking to Business Standard after the ground-breaking ceremony for the new plant here, Anurag Mathur, vice-president, Kemwell said the 15,000 sq mt greenfield facility is being designed for process development, fermentation, purification and formulation of biologicals for clinical studies. The plant will consist of a cGMP (current Good Manufacturing Practices)-compliant drug manufacturing facility and, a sterile fill and finish facility for drugs. It will house process development laboratories to support production of protein therapeutics.

Biopharmaceuticals are drugs produced using biosynthesis as opposed to drugs manufactured using chemical synthesis. “Biopharmaceuticals are growing faster than the pharmaceuticals market because they address the therapeutic needs, which otherwise cannot be treated,” said Rolf G Werner, corporate senior vice-president, corporate division biopharmaceuticals, Boehringer Ingelheim. Examples for biopharmaceuticals are insulin, erythropoietin, factor 8, monoclonal antibodies and antibody mimetics.

Globally, Biopharmaceuticals is a $70 billion market, growing annually at the rate of 16 per cent, whereas chemical pharmaceuticals, with a market size of $600 billion is growing at 8 per cent. In India, biopharmaceuticals including vaccines is a $1 billion sector.

The advantage of biopharmaceuticals over chemical drugs is that the former are considered to have fewer side effects and they can be developed quickly.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end on a strong note
- Nabard FY14 operating surplus soars 28% to Rs 1,635 cr
- RBI eases banks' term deposit restrictions
- NMDC Q4 net down 21.74% to Rs 1,642.28 cr
- Balrampur Chini Q4 profit up by 15%
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- 2 Lac Apartments, 1 Lac House / Plots. Click here
- Help a Child Achieve her. Click to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- A Brand New Server at a Price That Fits Your Budget. Click here
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- IPL victory puts KKR in the black
- From virtual world, hacktivism spills into real world
- Re fall has minor impact on India?s rating, says Moody?s
- No diesel price hike for now, says Reddy
- Air India board refers Boeing compensation issue to govt
 
 More  
Tax Shastra
  Now available at Special price
  Rs. 360/- Only

  Buy Now
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us