Transgene Biotek, an Indian biotech company has been granted a manufacturing license by the Drug Control Department, India.
The company can now manufacture the following products; Orlistat, Lovastatin, Simvastatin and Pravastatin.
While all these drugs are used for lowering blood cholesterol, Orlistat is mainly used in the treatment of Obesity. The drug is also said to be used as a supportive therapy in the treatment of type II diabetes and in the treatment of certain cancers.
According to the company, the commercial infrastructure is in place and it is making efforts to introduce these products into markets as early as possible.