BioVoice News November 2016 Issue 7 Volume 1 | Page 30

news bytes SUN PHARMA & ICGEB TO JOINTLY DEVELOP AFFORDABLE 'MADE IN INDIA' DENGUE VACCINE Now in a major step towards the ensuring protection against dengue, the International Centre for Genetic Engineering and Biotechnology (ICGEB) and Sun Pharma have announced their new collaboration for development of a dengue vaccine, targeted against all the four serotypes of Dengue virus that cause disease in humans. ICGEB has developed a tailored recombinant virus-like-particle (VLP) based tetravalent dengue vaccine, containing host-receptor binding domain of envelope protein of all the four DENV serotypes. ICGEB has conducted pre-clinical studies over the past seven years and developed the existing Know-How and Patents for this dengue vaccine candidate. This is the second collaboration between Sun Pharma and ICGEB focusing on dengue. The first one announc.ed in May 2016 was related to the development of a botanical drug for treatment of Dengue. The current collaboration is focussed on developing a novel, safe & effective vaccine for the prevention of dengue. Initial findings of ICGEB’s Dengue vaccine indicate that the candidate induces serotypespecific non-cross-reactive and strongly neutralizing antibodies without disease enhancing concerns. These features of the candidate vaccine differentiate this vaccine development programme from other vaccine programs that are developed or in development globally. This vaccine development will focus on suitability for all target population whether previously affected or non-affected, including paediatric and adults and traveller population. Commenting on the new collaboration signed with ICGEB, Mr Kirti Ganorkar, Executive VP and Head, Global Business Development, Sun Pharma, said, “Our new collaboration with ICGEB for developing an affordable dengue vaccine is part of our broader commitment for developing new and improved vaccines and drugs against flaviviruses that are of significant health importance to India and rest of the world. Our decision to partner with ICGEB on dengue vaccine program followed extensive due diligence and expert consultations on existing dengue vaccine programs globally.” BIOCON'S NET PROFIT JUMPS TO RS 146.7 CR IN 2ND QUARTER OF FY 2016-17 Biotechnology major Biocon has reported a consolidated net profit of Rs 146.7 crore for the second quarter ended September 30, 2016. The company had posted a net loss of Rs 10.6 crore for the corresponding period of the previous fiscal, Biocon said in a filing to BSE. Consolidated total income from operations rose to Rs 954.1 crore for the quarter under consideration from Rs 796.2 crore in the same period a year ago. Commenting on the development, Biocon Chairperson and MD Kiran Mazumdar-Shaw said: "Our performance in Q2 FY17, was led by strong growth across Small Molecules, Biologics and Research Services." Expansion of the company's biologics footprint in emerging 30 BioVoiceNews | November 2016 markets and licensing agreements boosted the revenue further, she added. "The acceptance of our proposed biosimilar Trastuzumab filing for review by EMA was a critical milestone this quarter. This is our second filing in EU. The tentative USFDA approval for Rosuvastatin calcium tablets heralds our entry into the US generics market," Mazumdar-Shaw said. The company's long-term investments