Hetero Drugs
Encyclopedia
Hetero Drugs Limited is an Indian Pharmaceutical Company
established in the year 1993. Hetero Drugs Limited founded by Dr. B. Partha Saradhi Reddy Phd., a scientist and expert in chemistry. It was started by him with a vision to be recognised as an aggressive company that combines its strength of R&D and manufacturing with definite advantages in terms of cost and chemistry with a strong emphasis on Quality of the products.
Hetero has revenues over $500 million and employs over 5000 people. Hetero is a strong player in API and finished dosages and its manufacturing plants have U.S. Food and Drug Administration approvals and World Health Organization
approvals. It has marketing presence in over 100 countries.
Hetero Drugs is the parent company in the Hetero group of companies and other companies which are part of the group are Hetero Labs, Hetero Research Foundation, Symed Labs Limited, Cirex Laboratories, Genx Laboratories and also foreign subsidiaries such as Invagen Inc., in USA and Richmond Labs in Argentina, etc., Also now Hetero has its own retail chain of pharmacy outlets in India named as Hetero Pharmacy.
They were awarded licence to make generic oseltamivir
, Tamiflu. Swiss firm Roche has licensed Hetero Drugs, an Indian company in 2005 to make a generic version of its anti-flu treatment Tamiflu for India and other developing countries
.The drug is widely seen as the most promising treatment for combating any future pandemic of bird flu in humans.The company says Hetero Drugs is among the first to demonstrate that it is technically capable of making a reliable generic version of Tamiflu. The decision could make it easier and cheaper for poorer nations to acquire stocks of the drug.
Now oseltamivir (Tamiflu) is also indicated for A[H1N1] virus also popularly known as swine flu
.
In 2009, as the swine flu
outbreak is spreading across the globe and various health organizations and government agencies are piling up stocks of oseltamivir as precautionary measure, Hetero is helping many countries including India by supplying the generic oseltamivir under its brand name fluvir
.
Hetero has delivered 10 million doses of generic Tamiflu to the Indian government in May 2009 and shipped about 80 million doses to over 60 countries
Hetero has received its second order from Indian government to supply another 10 million doses of generic Tamiflu in August 2009.
Pharmaceutical company
The pharmaceutical industry develops, produces, and markets drugs licensed for use as medications. Pharmaceutical companies are allowed to deal in generic and/or brand medications and medical devices...
established in the year 1993. Hetero Drugs Limited founded by Dr. B. Partha Saradhi Reddy Phd., a scientist and expert in chemistry. It was started by him with a vision to be recognised as an aggressive company that combines its strength of R&D and manufacturing with definite advantages in terms of cost and chemistry with a strong emphasis on Quality of the products.
Hetero has revenues over $500 million and employs over 5000 people. Hetero is a strong player in API and finished dosages and its manufacturing plants have U.S. Food and Drug Administration approvals and World Health Organization
World Health Organization
The World Health Organization is a specialized agency of the United Nations that acts as a coordinating authority on international public health. Established on 7 April 1948, with headquarters in Geneva, Switzerland, the agency inherited the mandate and resources of its predecessor, the Health...
approvals. It has marketing presence in over 100 countries.
Hetero Drugs is the parent company in the Hetero group of companies and other companies which are part of the group are Hetero Labs, Hetero Research Foundation, Symed Labs Limited, Cirex Laboratories, Genx Laboratories and also foreign subsidiaries such as Invagen Inc., in USA and Richmond Labs in Argentina, etc., Also now Hetero has its own retail chain of pharmacy outlets in India named as Hetero Pharmacy.
They were awarded licence to make generic oseltamivir
Oseltamivir
Oseltamivir INN , an antiviral drug, slows the spread of influenza virus between cells in the body by stopping the virus from chemically cutting ties with its host cell; median time to symptom alleviation is reduced by 0.5–1 day. The drug is sold under the trade name Tamiflu, and is taken orally...
, Tamiflu. Swiss firm Roche has licensed Hetero Drugs, an Indian company in 2005 to make a generic version of its anti-flu treatment Tamiflu for India and other developing countries
Developing country
A developing country, also known as a less-developed country, is a nation with a low level of material well-being. Since no single definition of the term developing country is recognized internationally, the levels of development may vary widely within so-called developing countries...
.The drug is widely seen as the most promising treatment for combating any future pandemic of bird flu in humans.The company says Hetero Drugs is among the first to demonstrate that it is technically capable of making a reliable generic version of Tamiflu. The decision could make it easier and cheaper for poorer nations to acquire stocks of the drug.
Now oseltamivir (Tamiflu) is also indicated for A[H1N1] virus also popularly known as swine flu
Swine flu
Swine influenza, also called pig influenza, swine flu, hog flu and pig flu, is an infection by any one of several types of swine influenza virus. Swine influenza virus or S-OIV is any strain of the influenza family of viruses that is endemic in pigs...
.
In 2009, as the swine flu
Swine flu
Swine influenza, also called pig influenza, swine flu, hog flu and pig flu, is an infection by any one of several types of swine influenza virus. Swine influenza virus or S-OIV is any strain of the influenza family of viruses that is endemic in pigs...
outbreak is spreading across the globe and various health organizations and government agencies are piling up stocks of oseltamivir as precautionary measure, Hetero is helping many countries including India by supplying the generic oseltamivir under its brand name fluvir
Fluvir
Fluvir is the brand name of a drug, generic oseltamavir manufactured and marketed by Hetero Drugs in India and developing countries. Hetero produces the drug under a 2005 licence from Hoffmann–La Roche...
.
Hetero has delivered 10 million doses of generic Tamiflu to the Indian government in May 2009 and shipped about 80 million doses to over 60 countries
Hetero has received its second order from Indian government to supply another 10 million doses of generic Tamiflu in August 2009.