Centaur Pharmaceuticals & Kibow Biotech Announce a Strategic Alliance to Market Renadyl in India
Prevalence
of Chronic Kidney Disease in India is 17.2% and rising
Dialysis
is a painful and expensive process with scarcely available resources
This
novel, US-patented, and clinically-tested product helps maintain healthy kidney
functions
Mumbai, 06 March, 2018:
Centaur Pharmaceuticals and Kibow Biotech USA announced a strategic long-term
alliance to market Renadyl in India. Centaur will initially import and market
the product in India, and will eventually manufacture and market with technical
inputs from Kibow Biotech. In an opening address Mr Gregory Taevs thanked
Centaur and Kibow for inviting him to the occasion & wished the strategic
alliance a grand success.
Commenting on this
strategic alliance, Dr Natrajan Ranganathan, Ph.D. (Bio-organic Chemistry), inventor
of the globally patented product, and the Founder and Managing Director of
Kibow Biotech, said, “As my roots are from India, I am extremely happy that my
company Kibow Biotech has collaborated with Centaur Pharmaceuticals. Now we can
together offer the benefits of my 20 years of research to millions of Indian
patients suffering from Chronic Kidney Disease (CKD) and make their lives
better. Kibow also has an interesting research pipeline which we hope to bring
to India for the benefit of Indian patients.”
Speaking on this
occasion, Mr. S. D. Sawant, Chairman and MD of Centaur Pharmaceuticals, said, “Kibow
has a strong research infrastructure and expertise in modulating gut microbiome.
Through this alliance, Centaur will leverage Kibow’s research expertise and its
own strong manufacturing and marketing skills to offer hope in the form of
Renadyl to patients in India suffering from CKD. We are happy to announce this
alliance in the backdrop of World Kidney Day and World Women’s Day coming up on
8th March, A globally patented product, Renadyl, is an effective kidney health
therapy, targeted towards CKD patients, particularly those in Stage III/ IV
(pre-dialysis). Renadyl is clinically proven to reduce nitrogenous waste and
delay the need for dialysis. Renadyl also provides improved quality of life for
Stage V patients on dialysis.
About CKD in India: CKD
is rapidly assuming epidemic proportions globally, as well as in India, due to
increasing incidences of diabetes and hypertension. Prevalence of CKD in adult
patients in India is 17.2%1. More than 1,00,000 new patients enter dialysis
every year in India. However, because of scarce resources only 10% of this
population is on dialysis7-9. There is now hope for CKD patients in India in
the form of Renadyl. The market for CKD
therapy in India is more than Rs. 1000 cr.
About Centaur Pharmaceuticals:
Centaur Pharmaceuticals was founded in 1978 and today is one of the Top 50
pharmaceutical companies in India. It ranks amongst India’s few, fully
integrated pharmaceutical firms with proficiencies across API, R&D, CRAM,
Clinical Research and formulations, and exports to 96 countries. Centaur has
four manufacturing facilities, two of which are USFDA approved. Centaur markets
Sinarest, India's No.1 anti cold brand since 1996. Centaur has won the AWACS-
Brand of the Year Award for Sinarest consecutively for the last four years.
About Kibow Biotech USA: Kibow
Biotech is a biotechnology company founded in 1997, involved in cutting edge
research of modulating the gut
microbiome through innovative research products. Kibow has invented a globally patented
product ‘Renadyl’ for promoting kidney health. Other innovative products of
Kibow include Azodyl, Kibow Flora and Kibow Fortis.
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Great step by Centaur Pharmaceuticals & Kibow Biotech
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