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CENTRO DE ESTUDIOS PARA EL DESARROLLO DE LA INNOVACION Tucumán 335, 7º D (1049) Capital Federal - Tel/Fax: (54) 011 4312-0137 / 0153 |
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PRESS RELEASEINNOVATIVE TB INITIATIVE AT THE CENTRE OF ASTRAZENECA’S INDIAN BUSINESS VENTURE Substantial Investment in India Targets New Medicines for Developing
Nations Bangalore
June 1, 2001:
AstraZeneca PLC, a global pharmaceutical major today announced that its research
centre at Bangalore will focus on finding a new treatment for tuberculosis (TB),
the dreaded killer disease.
A new 10 Million Dollars research building aimed at tackling tuberculosis
and other diseases primarily found in the developing world was presented by
AstraZeneca at its Foundation Day in Bangalore. “Events such as these provide
us with an excellent opportunity to interact directly with people who will be
positively impacted by the work we are planning in Bangalore” said Dr Michael
Rance, Head of Corporate Affairs for AstraZeneca at its London headquarters.
In addition to the 10 million dollars for the facility, the programme
will include at least USD 5 million annually from 2001to 2005 to support
research activities. The new labs will become an integral
part of the company’s research into infectious diseases and focus on
Developing World Diseases together with academic collaborations, AstraZeneca
R&D in Bangalore will become a leading center of excellence for Developing
World Diseases Research. For next 5
years, this Center would focus only on Tuberculosis research program. Dr Barry
Furr, Chief Scientist and head of the project evaluation group at AstraZeneca
Plc, has been appointed to spearhead the lab activities. “With no effective
drug for its treatment over last 40 years we have an opportunity to discover new
and efficacious treatment for TB which is afflicting 16 million people world
wide and two million people in India says, Dr Tanjore Balganesh, Head of
Research at the Bangalore R&D Center. “ The availability of the TB genome
sequence allows fresh opportunities to discover new therapies for the treatment.
” he added. The
new R&D center will use cutting edge technology as Microarray to identify
and study
new targets for drug discovery.. The center is equipped with the latest
drug discovery technologies such as microbial genomics, medium throughput
screening and combinatorial chemistry towards identifying new chemical
molecules. The Bangalore center will focus on understanding the mechanism by
which the TB microbe evades the immune system and the prevailing treatments. Dame Bridget Ogilvie, a
non-executive member of the AstraZeneca Board and Chairman of the Medicines for
Malaria Venture said: AstraZeneca is the only pharmaceutical company to
recognize this area of medical need with a research Programme in India dedicated
to TB, and I am delighted to be able to support them on this important
project”. Currently,
65 scientists are working in the labs, and the center plans
to hire more scientists over the next five years from India and abroad.
”Bangalore is the academic centre of India and with the new
Biotechnology Initiatives taken by the Government of Karnataka, we have a
tremendous opportunity to attract top class scientists to work with us on this
programme, said Kumud Sampath, Head of Operations at the R&D Centre. The research facility at Bangalore
is among the nine global R&D sites of AstraZeneca PLC. AstraZeneca R&D
Bangalore will collaborate with leading academicians working on cutting edge of
TB research as well as other AstraZeneca scientists with experience of infection
, drug discovery and development based in USA. and Cheshire, U.K, The day also marked the formation of
AstraZeneca Pharma India Limited following the acquisition earlier in the year,
by AstraZeneca of a 51% share of Astra-IDL Limited.
“With multifarious business and research activities, AstraZeneca will
tap the potential pharmaceutical market in India that is the 11 largest in the
world”. Says, Mr Lars Walan, Managing Director, AstraZeneca Pharma India
Limited. Coinciding with its Foundation Day
the company is launching a website for its indian operations –
www.astrazenecaindia.com As a part of AstraZeneca’s further
commitment to Tuberculosis R&D, AstraZeneca’s
Foundation in India is organising an International Symposium on “Current
Developments in Drug Discovery for Tuberculosis” in collaboration with Global
Alliance for TB Drug Development,
New York, USA & World Health
Organisation – Tropical Disease Research, Geneva,
from January 14-17, 2002 at National Science Seminar Complex, Bangalore. About
AstraZeneca
AstraZeneca is one of the leading
five pharmaceutical companies in the world. The multibillion company’s
interests include therapeutic areas such as oncology, gastrointestinal,
cardiovascular, respiratory, central nervous system, pain control and infection.
Its operations are spread across the globe in 44 countries, employing over
50,000 people. Its annual research budget is around USD 2.5 billion. AstraZeneca owns a 100% subsidiary
in Research & Development establishment- AstraZeneca
India Private Limited, a world class centre of excellence in Bangalore. The
R&D is focusing on discovering novel therapies for infectious diseases of
the developing world such as tuberculosis.
In addition, AstraZeneca has recently acquired
a controlling stake in Astra-IDL Ltd., a company engaged in manufacturing
and marketing operations in Bangalore, which will be known as AstraZeneca Pharma
India Ltd from June 1, 2001. For
further enquiries, please call:
Kumud
Sampath (Bangalore) +91 80 3340372 Notes
to editors: TB
is the single largest infectious disease killer of adults in the world.
Although the majority of cases occur in developing countries, there is
increasing evidence of the disease in industrialized countries. Current
treatment involves a multiple drug regime of four drugs taken over a minimum
duration of six months to achieve a cure.
No significant new drugs have been introduced for TB in the past 40
years.
The problems of managing the disease are compounded by the ability of the
infectious organism to evolve, adapt and develop drug resistance. |
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