HAPPY NEW YEAR-2015

HAPPINESS, BLISSFUL LIFE BE A WAY OF LIFE WITH WONDERFUL SWEET MEMORIES EVERY DAY IN THE NEW YEAR-2015.

WISH YOU A HAPPY SUCCESSFUL AND PROSPEROUS NEW YEAR-2015

BIOSIMILARS -NEXT...!!!

Biosimilars are the next big thing for Indian pharma
By: Pallavi Ail | Mumbai | December 27, 2014 1:31 amWhile the US is still ironing out its rules governing generic equivalents of biologic drugs, also known as biosimilars, the Indian market has witnessed nearly 20% annual growth for the year ending November 2014 in the segment.Biologics are drugs whose active ingredients are sourced from living organisms so these products are based on proteins, genes, etc, unlike normal small-molecule drugs where the active ingredient is a chemical.Due to this complex base, biologics are not as easily copied as other drugs and companies that are leading such research in India are the top pharmaceutical firms such as Biocon, Dr Reddy’s,  Lupin and Cadila Healthcare.A recent HSBC report says that biosimilar sales grew 20% annually to Rs 2,000 crore or approximately 2.5% of overall market sales at the end of November 2014. Sales margins on biosimilar drugs range from 20% to 80%, according to analysts. On the other hand, almost 90% to 95% of the innovator price of a drug is eroded when a generic version of a small-molecule drug is launched.With the US drug patent pipeline drying up, it is the high-margin biologics that will sustain sales for Indian companies,  analysts.On December 9, the BSE-listed Cadila announced the launch of a copycat version of AbbVie’s blockbuster biologic, Humira, which targets autoimmune disorders such as rheumatoid arthritis. The drug is touted as world’s top-selling drug with global sales exceeding Rs 1,000 crore in CY13, according to the HSBC report. The biosimilar, named Exemptia, will be marketed as a 40 mg injection administered once every alternate week and launched at one-fifth of Humira’s price of approximately $1,000 per injection.Similarly, in April 2013, Cipla started selling a biosimilar of the rheumatoid arthritis drug Enbrel with a launch price of $100. The price of the drug from the innovator, Amgen, was $133.Biocon’s CANMab, a breast cancer therapy that is a generic of Roche’s Herceptin, was launched in February 2014 with a 25% discount to the innovator price.“While we are excited with novel launches even in emerging markets given better pricing, we believe a significant contribution is far away as the market is still at nascent stage in accepting newer better forms of treatments coming at higher costs,” HSBC analysts wrote.Dr Reddy’s, especially, has the most exposure to biosimilars with approximately 7% or Rs 110 crore of its FY14 India sales originating from biosimilars compared with 3.7% for Cadila and less than 1% for Lupin and Cipla, according to HSBC analysts. “Dr Reddy’s is upping the ante on investing in complex generics as well as more risky areas involving biosimilars and proprietary products,” IDFC analysts wrote in a note dated October 29. “While limited visibility on value unlocking from the aggressive R&D investments in these spaces is a challenge, we see significant value creation possibilities given Dr Reddy’s proven capabilities in these high potential areas.”The European Medicines Agency has approved seven types of biosimilars from 2009 till date, according to data available on its website. None of the companies listed are Indian. In 2014, it approved the a single biosimilar: Sanofi’s insulin glargine therapy for diabetics named Lantus. The US Food and Drug Administration is yet to approve any biosimilar. “Material entry in regulated markets (US, EU) is still 4-5 years away as per our understanding,” HSBC analysts wrote.http://www.financialexpress.com/article/economy/biosimilars-are-the-next-big-thing-for-indian-pharma/23516/

MIND BOGGLING YET…THERMAX...!!!

MIND BOGGLING YET…

I WAS AMAZED TO SEE THE PRICE ROCKETED TO CREATE ENOUGH TURBULENCE IN ME.

I BOUGHT 1000 SHARES OF THERMAX FOR Rs 38.65, 15 YEARS BACK,

TODAY, THE PRICE OF THERMAX IS Rs 1050/- OF Rs 2/- FACE VALUE (EQUAL TO Rs 5150/-). IN OTHER WORDS, ONE LAKH INVESTED HAS BECOME MORE THAN 66 LAKHS.

EVEN RECENTLY, 2-3 YEARS BACK, I FOUND MARKSAN AT Rs 2.30 NOW IT IS QUOTING Rs 64/-.

ALSO FOUND MORARJEE TEXTILES AT Rs 7.0 NOW TOUCHED A HIGH OF Rs 61, INDOCOUNT INDUSTRIES AT Rs 7.0 NOW TOUCHED A HIGH OF Rs 390/-.

BUT THE ABOVE THREE WERE JUST MEMORIES BUT NO PARTICIPATION……

=========================================MERRY CHRISTMAS TO YOU & ALL INVESTORS/TRADERS…

Black money in India...!!!

Black money in India: HSBC list has 628 names, top amount $18 mnAppu Esthose Suresh | New Delhi | Updated: Oct 26 2014, 13:47 ISTOnly about a fifth of the individuals or entities named in the so-called HSBC black money list on India of alleged foreign account holders have acknowledged their ownership of the accounts. These individuals or entities — 136 in number — have either paid, or are in the process of paying, penalties for concealing incomes.The HSBC black money list contains names and holdings of individuals or entities with accounts in the Geneva branch of HSBC's Swiss subsidiary HSBC Private Bank. The information was stolen from the bank by a former employee on a particular day in 2006. The list was given to India by France in June 2011.According to documents accessed by The Indian Express, the HSBC list contains names of 628 Indian individuals or entities. The Income Tax Department has so far found matches between names and addresses in 418 cases. In 282 of these cases, however, either the account number or the balance in the account is not available.In general, the list contains four sets of information: name, address, account number and balance.Of the 136 individuals or entities who have acknowledged the accounts, many have pleaded that they were not aware of their existence, but would pay the tax and penalty due, senior I-T officers involved in the investigation said. Many of these 136 accounts show zero balance.The addresses against 12 of the 418 names in the list belong to Kolkata. However, only six have confirmed that the account belongs to them.The highest amount in the list is $ 18 million, allegedly belonging to two top industrialists.The most common surnames on the list are Mehta and Patel.French authorities had secured the list from software technologist Hervé Falciani, who has been collaborating with several European countries tracking suspected tax evaders with accounts in Swiss banks. The list contains alleged account data on the date Falciani procured them.The Indian Express was the first to report in August 2011 that the French had handed over to India the list of HSBC account holders of Indian origin. The government is in the process of sending a list of 50 names from the 136 to Swiss authorities to confirm the authenticity of the information.https://www.blogger.com/blogger.g?blogID=2818817784313539418#editor/src=dashboard