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Published on 8/7/2006 in the Prospect News Biotech Daily.

Panacea Biotec granted patent in India for Willgo osteoarthritis drug

By Lisa Kerner

Charlotte, N.C., Aug. 7 - Panacea Biotec Ltd. said the Indian government has granted the company a 20-year patent for its extended-release pharmaceutical composition containing nimesulide, one of the most widely prescribed non-steroidal anti-inflammatory drugs.

The company launched its extended-release nimesulide product under the brand name Willgo in India in 2004.

Once-daily Willgo relieves joint pain, stiffness, swelling and tenderness in patients with osteoarthritis.

Panacea Biotic is a health-management company based in New Delhi, India.


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