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Sudershan Biotech Limited announces the signing up of a joint venture agreement with Zoom Developers Pvt.Ltd, Mumbai on Nov 1st, 2006.


Dr. RAMAREDDY V. GUNTAKA,
Chief Scientific Adviser,
Sudershan Biotech Limited receiving the Genome Valley Excellence Award at the BioAsia 2006, held at Hyderabad.

Also seen in the picture are Dr. William Haseltine, President - Haseltine Associates Ltd., USA, the 2004 recipient of the Award and Dr. J. Geeta Reddy, Minister of Industries, Govt. of Andhra Pradesh.
 
 
 
Sudershan Biotech Limited announces the signing up of a joint venture agreement with Zoom Developers Pvt.Ltd, Mumbai on Nov 1st, 2006


Sudershan Biotech Limited announces the signing up of a joint venture agreement with Zoom Developers Pvt.Ltd, Mumbai on Nov 1st, 2006
Wherein Zoom Developers would acquire a majority equity stake in Sudershan Biotech Limited. This would enable Zoom to closely participate in the commercialization phase of Sudershan Biotech Limited’s products in India, ROW markets as well as regulated markets. Mr.Pradeep Saxena, Director of Zoom said that Zoom’s experience in running multi-location and multi-sector projects world-wide will propel the growth of Sudershan with a global perspective. Dr.Rammareddy V.Guntaka, an eminent biotech scientist and Chief Scientific Advisor of Sudershan said that- “This strategic alliance would help Sudershan Biotech Limited achieve greater heights by launching the state-of-art recombinant Biopharmaceuticals in India as well as world markets”. He also said that this was the best time for this alliance since Sudershan Biotech Limited is unleashing its potential through years of dedicated research.

About Sudershan Biotech Limited:

Sudershan Biotech is located in Hyderabad, India, by far the leader in generic, emerging and green-field Pharmaceutical and Biotech activities. Sudershan Biotech Limited, founded in March 1999 is actively involved in developing Recombinant products for Human use. The major focus areas of Sudershan Biotech Limited include therapeutic proteins, diagnostic proteins and industrial enzymes.

It has a well experienced team of bio-scientists who work under the supervision and guidance of Dr.Ramareddy V. Guntaka, in a state-of-art faculty at L.B Nagar, Hyderabad. Dr.R.V. Guntaka is a professor in Department of Molecular Sciences, College of Medicine, University of Tennessee Health Science Centre, Memphis. He was conferred the Genome Valley Excellence Award for his outstanding contribution to the field of Biotechnology in February 2006.

About Zoom Enterprises:

Zoom Enterprises is 14 years old and is one of the fastest growing Business Groups in India, with a well established foothold in diverse business areas, under the stewardship of Mr. Vijay Choudhary. As project developers, Zoom undertakes Business and Project Development works, involving Metals & Minerals Process Plants, Industrial & Engineering Projects and Energy, Environment and Infrastructure Projects. Zoom has similar presence in IT, ITES, Telecom, Embedded-Cards, ERP and BPO Service Sectors It has global presence and strong alliances with in respective sectors.

Zoom Enterprises has achieved an evitable record of Revenue growth of over 60%p.a. in
2005. Also USD 4 billion worth projects and businesses are under various stages of development, spread over China, India, Middle East, Europe, North and South Americans.

Headquartered in Mumbai, the group has four Regional Offices at New Delhi, Indore, Kolkata & Bangalore. The Group has Projects & Operations in US, Canada, UAE, UK, China & Zimbabwe.

Prof Rama Reddy to be conferred Genome Valley Excellence Award at BioAsia 2006


The Andhra Pradesh Government has been using the BioAsia events as a platform to recognise and acknowledge the outstanding efforts of distinguished scientists in the life sciences sector by honouring them with 'Genome Valley Excellence Awards'. This year, Prof Rama Reddy V Guntaka, Department of Molecular Sciences, College of Medicine, University of Tennessee Health Science Centre, Memphis will be conferred the award for his contribution to the field of biotechnology.

Guntaka's research with fellow scientists D Stehelin, HE Varmus and JM Bishop resulted in the discovery of protooncogenes for which Bishop and Varmus won Nobel Prize in 1989.

He worked in the laboratories of two Hyderabad-based biotech companies-Shantha Biotechnics and Sudershan Biotech. He succeeded in cloning the whole molecule and sequenced the genome of the hepatitis C virus, mapping its 9,500 nuceotides. He is the first to molecularly clone the entire genome of Rous Sarcoma Virus which is being used all over the world as a prototype virus for understanding cancer.

Guntaka was also behind the successful development of Shantha Biotech's recombinant hepatitis B vaccine (Shanvac) and the hepatitis C vaccine (Shanferon). He is guiding scientists at Sudershan Biotech to produce antigens to detect the hepatitis C virus, hepatitis B virus and human immunodeficienct virus (HIV) infections.

Bio Asia 2006 draws over 500 participants from 33 countries

The third edition of Bio Asia, which was held at Hyderabad from February 9-11, 2006 attracted over 500 delegates, 58 sponsors and exhibitors from 33 countries. The summit has bridged the Asian and global biotech communities.

Dr Anward Nasim, president of Federation of Asian Biotech Associations (FABA) commenting on the growing co-operation among Asian biotech countries, said, "Bio Asia 2006 has played a significant role in creating a platform for Asian biotech companies to interact and collaborate. The formation of FABA has brought India and Pakistan close in the area of biotechnology."

Eminent scientists and business leaders from diverse backgrounds presented and exchanged views on issues such as bio-entrepreneurship, clinical trials, investment opportunities in biotechnology and venture funding, leveraging logistics to enhance supply chain management in pharmaceuticals, bio-cluster development in India.

Prof Guntaka Rama Reddy, Department of Molecular Sciences, College of Medicine, University of Tennessee Health Science Centre, Memphis was conferred the Genome Valley Excellence Award for his outstanding contribution to the field of biotechnology.

Lakshmi Parthasarathy, prinicipal secretary, Ministry of Industries, Government of AP, announced that the fourth edition of Bio Asia will be held from February 15-17, 2007.

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