In a rare instance of an Indian drug discovery firm acquiring a US patent for original research, Pune-based Indus Biotech has received a US patent for a new molecule that could cure diabetes. |
The discovery gains importance as it is the first molecule (related to diabetes) to be derived from a natural product "" fenugreek (methi) ""and a compound using this molecule saves the patient from a daily dose of insulin injections. |
The molecule is in advanced stages of a US Food and Drug Administration (USFDA) filing. |
The company is also planning a commercial rollout of a medicine based on the molecule in the next 24 months. |
"Medicines produced from natural sources are kinder and gentler for long-term usage, and are ideally preferred for chronic diseases. Our research work over the years has led to the discovery of a molecule that is extremely safe, and highly efficacious in treatment of diabetes mellitus," Indus Biotech Managing Director Sunil Bhaskaran told Business Standard. |
The company has expanded its patent for the molecule across most developed nations using the Patent Cooperation Treaty (PCT) route, thereby gaining protection for the next 20 years. |
During its clinical tests, 25 per cent of insulin-dependant late stage type 2 diabetic patients were actually able to get "off the needle" in six months' time. |
Patients also experienced a reduction in their daily requirements of insulin by an average 27 per cent, Bhaskaran claimed. |