Page 150 - CW E-Magazine (23-7-2024)

Pharmaceuticals
Alembic Pharma gets USFDA’s tentative nod
for Ivosidenib tablets
Alembic Pharmaceuticals said it
has received tentative approval from
the US health regulator for its gene-
ric Ivosidenib tablets used in the treat-
ment of certain types of cancer of bone
marrow and bile duct. The tentative
approval by the US Food & Drug Ad-
ministration (USFDA) is for the abbre-
viated new drug application (ANDA)
for Ivosidenib tablets of strength 250-mg, 250-mg, of Servier Pharmaceuticals ously treated, Alembic Pharma added.
the company said in a regulatory fi l- LLC, it added.
ing. The approved ANDA is thera-
peutically equivalent to the reference The company said Ivosidenib tab- the 12 months ended March 2024, the
listed drug product ‘Tibsovo’ tablets, lets are indicated for patients with newly company said citing IQVIA data.
Zydus Lifesciences gets tentative USFDA nod
for BP lowering drug
Zydus Lifesciences said it has re-
ceived tentative approval from the US
health regulator to market its generic
Azilsartan Medoxomil tablets used to
treat high blood pressure. The tenta-
tive approval by the US Food and
Drug Administration (USFDA) is
for Azilsartan Medoxomil tablets of
strengths 40-mg and 80-mg, Zydus
Lifesciences said in a regulatory fi ling.
The drug will be manufactured at the
group’s formulation manufacturing
Camlin’s Subhash Dandekar passes away at 81
Subhash Dandekar, also known
as Dadasaheb Digamber Dandekar,
the founder of Camlin Fine Science
and chairman emeritus of stationery
manufacturer Kokuyo Camlin, died
on July 15 at the age of 85 following
an illness.
Mr. Dandekar was instrumental
in transforming Camlin into a
leading name in the production of
high-quality painting materials. He
150
Contents Index to Advertisers
diagnosed Acute Myeloid Leukaemia
(AML) as monotherapy in adults 75
years or older, or who have comorbidi-
ties that preclude the use of intensive
induction chemotherapy. It is also indi-
cated for adult patients with relapsed or
refractory AML and adult patients with
locally advanced or metastatic cholan-
giocarcinoma who have been previ-
Ivosidenib tablets, 250-mg, have an
estimated market size of $114-mn in
facility in Ahmedabad SEZ-II, it added.
Azilsartan is indicated for the treatment
of hypertension to lower blood pressure
and reduce the risk of fatal and
nonfatal cardiovascular events, primarily
strokes and myocardial infarctions,
it added. The medicine can be used
either alone or in combination with other
antihypertensive agents, the company
said. It had annual sales of $89-mn in
the US, the company said citing IQVIA
March 2024 data.
founded Camlin Fine Science, which
is toady a leading supplier of perfor-
mance chemicals as well as aroma
ingredients.
Mr. Dandekar was well-known
for contributions to social aware-
ness, art and entrepreneurship. He
received several awards, includ-
ing Game Changers of Maharashtra
award and Lifetime Achievement
Award.
Chemical Weekly July 23, 2024
Index to Products Advertised
Hydrocarbons
ENERGY SECURITY
E&P offers investment opportunities worth $100-bn
by 2030: Petroleum Minister
The Exploration and Production in E&P, and the Ministry of Petroleum
(E&P) sector offers investment op- and Natural Gas (MoPNG) has insti-
portunities worth $100-bn by 2030, tuted sweeping reforms, empowering
according to Mr. Hardeep Singh Puri, stakeholders. “We intend to increase
Minister of Petroleum & Natural Gas. India’s exploration acreage to 1-million
sq. km. by 2030. No- Go areas in
Speaking at the inaugural session India’s Exclusive Economic Zone
of the fi rst edition of Urja Varta, orga- (EEZ) have been reduced by almost
nised by the Directorate General of “Only 10% of our sedimentary 99%,” he added.
Hydrocarbons (DGH), in New Delhi basin area is under exploration today.
on July 11, the Minister underscored After the award of blocks under the Joint Working Group to address
the importance of the E&P sector in forthcoming Open Acreage Licensing industry concerns
achieving energy self-suffi ciency and Policy (OALP) Rounds, it will increase The Minister announced the forma-
sustaining economic growth. He high- to 16% by end-2024,” he said. tion of a Joint Working Group (JWG)
lighted the vast potential of India’s Highlighting the need to streamline E&P operators, the national oil compa-
comprising representatives from private
26 sedimentary basins, containing
substantial reserves of crude oil and operational and regulatory processes, nies, MoPNG, and the DGH to address
natural gas, which are yet to be fully Mr. Puri stressed that the government industry concerns and improve the ease
tapped. is doing its part to catalyse investments of doing business in the sector.
REDUCING IMPORTS
Government working on policy to offer washed
coking coal to steel sector
The government will set up eight with a target of producing 140-mt of genous technology in coal gasifi ca-
coking coal washeries to meet the this coal needed by the steel sector, tion. “Despite slowdown in the global
demand of steel sector, and ensure that by 2030. “We are fi nalising the policy, steel industry, Indian steel industry
by 2029-30, India has the capacity to which once approved, will enable com- is in a healthy state, and we expect it
produce as much coking coal as needed, panies to offer washed coking coal to grow at a rate of 10%,” he added.
besides being in a position to supply to the steel sector to blend with the Mr. Vidya Rattan Sharma, Senior Member,
other countries.
FICCI Committee on Steel and Mining,
imported coal,” he added.
and Vice Chairman, JSP Advisory, said
Addressing a FICCI workshop on Importance of coal gasifi cation coal gasifi cation is the only solution for
‘Coal Matrix for Indian Metals Indus- Highlighting the importance of coal meeting the increasing demand of energy
try’, Mr. M. Nagaraju, Additional Sec- gasification, Mr. Nagaraju asserted from the cement and steel industries.
retary, Ministry of Coal, Government that the government has already ini-
of India, said the Indian coal sector is tiated a scheme with a budget of Dr. Avinash Kumar Mishra, Execu-
witnessing robust growth, reaching Rs. 8,500-crore to support the private tive Director (Coal), Railway Board,
1,000-mt of coal production last year. and public sectors to set-up coal gasifi ca- said with the increase in domestic pro-
“Next year, we will produce around tion plants in the country. duction of coal, the dependence on
1,100-mt of coal,” he added. imports is likely to come down. “There
Mr. Ashwini Kumar, Economic has been a steep surge in coal availabi-
The government, he said, has Adviser, Ministry of Steel, Govt. of lity in the last two years, which is mostly
launched the Coking Coal Mission India, stressed the need to develop indi- due to imported coal,” he added.
Chemical Weekly July 23, 2024 151