Panacea Biotec got a US patent (US7371412) for its hemorrhoids & piles medicine, Thank GodTM (Euphorbia Prostrata).
The patent covers novel compositions comprising of an extract of the plant Euphorbia prostrata, particularly with pharmaceutically acceptable carrier(s)/base(s), optionally with additional therapeutic agent(s) useful for the treatment of anorectal disease and colonic diseases such as hemorrhoids, fissures, cracks, fistulas, abscesses, inflammatory bowel disease, and the like. The novel compositions possess properties to control inflammation, prevent capillary bleeding and fragility in mammalians, particularly human beings. Process for the preparation of such novel compositions comprising an extract of the plant Euphorbia prostrata and pharmaceutically acceptable carrier(s)/base(s) useful for the treatment of anorectal disease including hemorrhoids, and colonic diseases are also provided. The composition comprise of flavonoidal and phenolic constituents extracted from the plant Euphorbia prostrata that possess anti-inflammatory, analgesic, haemostatic and wound-healing properties.
Thank GodTM (Euphorbia Prostrata) was developed in University Institute of Pharmaceutical Science (UIPS), Panjab University, Chandigarh. Prof. A.K. Singla and Prof. K.N. Gaind first identified potential of Euphorbia Prostrata for the treatment of hemorrhoids & piles. Panjab University, as per their Industry Institute Partnership programme licensed this molecule to Panacea Biotech. Panacea Biotech further developed this formulation into a successful commercial product.
The combined potential of anti-hemorrhoids & piles market in regulated market (U.S & Europe) is around USD 600-700 million.
The patent covers novel compositions comprising of an extract of the plant Euphorbia prostrata, particularly with pharmaceutically acceptable carrier(s)/base(s), optionally with additional therapeutic agent(s) useful for the treatment of anorectal disease and colonic diseases such as hemorrhoids, fissures, cracks, fistulas, abscesses, inflammatory bowel disease, and the like. The novel compositions possess properties to control inflammation, prevent capillary bleeding and fragility in mammalians, particularly human beings. Process for the preparation of such novel compositions comprising an extract of the plant Euphorbia prostrata and pharmaceutically acceptable carrier(s)/base(s) useful for the treatment of anorectal disease including hemorrhoids, and colonic diseases are also provided. The composition comprise of flavonoidal and phenolic constituents extracted from the plant Euphorbia prostrata that possess anti-inflammatory, analgesic, haemostatic and wound-healing properties.
Thank GodTM (Euphorbia Prostrata) was developed in University Institute of Pharmaceutical Science (UIPS), Panjab University, Chandigarh. Prof. A.K. Singla and Prof. K.N. Gaind first identified potential of Euphorbia Prostrata for the treatment of hemorrhoids & piles. Panjab University, as per their Industry Institute Partnership programme licensed this molecule to Panacea Biotech. Panacea Biotech further developed this formulation into a successful commercial product.
The combined potential of anti-hemorrhoids & piles market in regulated market (U.S & Europe) is around USD 600-700 million.
1 comment:
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