Alkem Laboratories Ltd. (Alkem) has announced launch of a unique patented technology for the treatment of Diabetic Foot Ulcer (DFU) in India by latter half of 2022 post regulatory approval.
This advanced technology for DFU management has a high scope of preventing amputations in diabetic patients. This technology will be available at affordable rates to Indian patients at a time when there is no definitive treatment for DFU in India.
The solution would be based on disruptive 4D Bioprinting technology, which would be used to treat deep, non-healing chronic wounds.
India currently has approximately 77 million diabetes patients, the second-highest in the world. A diabetic foot ulcer is one of the most devastating complications of diabetes and is defined as a foot affected by ulceration that is associated with neuropathy and/or peripheral arterial disease of the lower limb in a patient with diabetes.
Approximately, 12% to 15% with diabetes suffer from DFU at least once in a lifetime and 5% to 24% of them will finally lead to limb amputation within 6 months to 18 months after the first evaluation. The risk of foot ulceration and limb amputation increases with age and the duration of diabetes.
Alkem has collaborated with Rokit Healthcare Inc. to commercialize the technology in India to help reduce amputation amongst DFU patients considering the negative impact of amputation on a patient’s quality of life and the associated economic burden on the healthcare system.
Sandeep Singh, Managing Director, Alkem Laboratories Ltd., stated “In India, Diabetes is one of the major healthcare challenges. The challenge in itself is so huge that diabetic foot ulcers often get ignored. Approximately 1 lac people have to undergo amputation every year and compromise on their quality of life. To address the problem, Alkem has collaborated with Rokit Healthcare Inc., a global regenerative solutions company, to bring out novel solutions for the management of diabetic foot ulcers.”
Adding further, Sandeep asserted, “Alkem, over the years, has always been at the forefront in delivering high-quality patient care, through its innovation and patient-centric initiatives.”
Established in 1973 and headquartered in Mumbai, Alkem is a leading Indian pharmaceutical company with global operations, engaged in the development, manufacture, and sale of pharmaceutical and nutraceutical products. The Company produces branded generics, generic drugs, active pharmaceutical ingredients (APIs), and nutraceuticals, which it markets in India and International markets.
With a portfolio of more than 800 brands in India, Alkem is ranked the fifth largest pharmaceutical company in India in terms of domestic sales. The Company also has presence in more than 40 international markets, with the United States being its key focus market.
ALKEM LABORATORIES LTD
Alkem Laboratories Limited is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra, India that manufactures and sells pharmaceutical generics, formulations and nutraceuticals in India and globally.
Alkem set up its research and development facility for ANDA development at Taloja in 2003. In 2006 anti-infective drug Taxim of Alkem became the first anti-infective drug in the Indian pharmaceutical industry to cross 1,000 million in terms of domestic sales in India. In 2014 Clavam another drug from Alkem crossed 2,000 million mark in terms of domestic sales in India. In 2007 the company filed its first ANDA for drug Amlodipine which was approved in 2009. Alkem has developed a portfolio of 705 branded generic drugs, with 13 of the brands featured among the top 300 brands in India for the fiscal year 2015 and a portfolio of 705 brands in India in the six months ended 30 September 2015. Alkem have 21 manufacturing facilities, 19 in India and 2 in US. 5 of the facilities are US FDA, TGA, UK MHRA approved.
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