Indian healthcare firm offers tablet to
treat low sugar
Saturday October 13, 2012 07:12:23 PM,
IANS
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Bangalore: Healthcare
firm Micro Labs Ltd Thursday unveiled a dextrose drug Hypotab to
treat low blood sugar in diabetic patients.
"Hypotab is meant for type two diabetes patients who suddenly face
hypoglycaemia (low sugar) in the body and those who take insulin,
which makes them prone to develop the symptom," Micro Labs
vice-president B.R. Srinath told reporters here at a preview of
the drug.
Priced at Rs.7 per strip of four tablets, the carbohydrate drug,
to be bought only on prescription by a qualified doctor, will
restore normal blood glucose levels in diabetic patients soon
after it is consumed.
"Hypotab is the first standardised therapy to treat low blood
sugar and manufactured using the advanced technology of AbMax
Biotechnology Co Ltd in China, as it offers 20 micron particle
size for faster absorption in the body and gives quick relief,"
said Srinath.
The city-based pharma firm has invested Rs.5.5 crore to set up the
drug plant in Puducherry, with an installed capacity of one
million tablets per month.
The Rs.1,646-crore company is targeting Rs.4.2 crore revenue in
this fiscal (2012-13) from Hypotab, Rs.12 crore in next fiscal
(2013-14) and Rs.24 crore in 2014-15, as the market for treating
low sugar remains untapped.
According to a company study, of the Rs.3,800-crore diabetic care
market across the country, oral hypoglycaemic agents like candies,
sugar cubes, honey, etc., account for Rs.2,800 crore.
"Of the estimated 62 million diabetic patients in India, 25
percent of them are prone to suffer low sugar due to various
factors, including stress, lack of discipline in maintaining diet,
timely intake of food, obesity and lack of exercise," observed
noted diabetologist Vijay Viswanathan.
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