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INDIA'S SUVEN GETS US PATENT OFFICE NOD FOR NEURO DRUG.
MUMBAI, Dec 27 Asia Pulse - Indian pharmaceutical firm Suven Life Sciences (BSE:530239) yesterday said the US Patent office has granted it a product patent for compounds used in the treatment of neuro-degenerative disorders.
"We are very pleased by the issuance of this patent to Suven by US Patent office for our drug candidates that are being developed for CNS disorders which targets a US$18-billion potential market opportunity," said Venkat Jasti, CEO of Suven Life Sciences.
Suven has been granted product patent 'US 7,297,711', its first product patent in the United States, the company said in a filing to the Bombay Stock Exchange.
According to the…
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Suven Life Sciences Ltd has posted a net profit of Rup 48.3 M on total revenues of Rup 391.3 M for 2Q ended Sep 2008 (net profit of Rup 11.6 M on total revenues of Rup 299 M in 2Q ended Sep 2007).
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Suven Life Sciences Ltd has registered a 318 percent increase in its profit after tax to Rs4.8 crore for Apr-Sep 2008 (Rs1.1 crore...
Source: HighBeam Research, INDIA'S SUVEN GETS US PATENT OFFICE NOD FOR NEURO DRUG.
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