Nanomedicine is at the frontline of new drug delivery

Published on Sat, Dec 15, 2007 at 08:19 |  Source : Business Line

Updated at Sat, Dec 15, 2007 at 08:57  

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According to Prof Amarnath Maitra of the University of Delhi's Chemistry Department and one of India's leading nano-missionaries, nanotech can change the face of the healthcare sector as it cuts doses of antibiotics, lowers side-effects and drug wastage.

Oral drugs

Other possibilities are new oral drugs, affordable and faster treatment of diseases like malaria and TB, said Prof Maitra, whose not-so-nano credits include transfer of six technologies to industry; work with Dabur; hunt for malaria vaccine; 11 national patents and six international patents.

Prof Maitra said, during 1984-2004, 38 nanotech healthcare products were available globally with annual sales of $6.8 billion. In the US, Abraxane has made $175 million sales.

Despite much nano activity and the new Rs 1,000-crore Central dole, the Indian scene is nascent, with Rs 200 crore invested in five years. "The nano-drug industry has not matured enough to talk of a market, as the research is happening in the IITs and the IISc. A product may take 10-15 years to evolve," Mr Balasubramanian said.

"We need to find buyers for our nanotechnology and enter into rapid collaborations with companies overseas," he added. Yet, with long-term safety concerns still to be allayed, "You should also be cautious as you don't know what's coming up next."

Taken from Business Line

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