Suven Life Sciences Ltd will be raising $30 million to meet its research and development expenses and for a dedicated drug discovery centre. “We have got the necessary approval to raise about $30 million at the AGM held on September 27,” Mr Venkat Jasti, Vice-Chairman and Chief Executive Officer, Suven Life Sciences, told here on Tuesday. Various options including FCCBs, ADRs and GDRs were being explored, he said, adding: “ ;The process will be completed before the end of current fiscal year.” The company would be using part of the proceeds for conducting clinical trials of its New Chemical Entities (NCEs) and on R&D. “We are planning to start the clinical trials of Suven 502 (for treatment of Alzheimer’s) in the last week of this month in Switzerland,” Mr Jasti said. The company, which has been aggressive on NCE development, had filed for 29 patents and had secured three patents (valid in 15 countries) in the Central Nervous System (CNS) disorders segment. In line with its focus on DDDSS, Suven would be setting up a $25-million green field centre for drug research. “The centre will act as a nodal point for drug discovery and likely to be operational from 2009,” Mr Jasti said. —
Kamma IPS officers (Past and Present) 1. Pendurthi S.Ramamohana Rao 2. Kommareddi Ramamohana Rao 3. K.V.Appa Rao 4. P.D.Koteswara Rao 5. Chirumamilla Venkata Narasaiah 6. Prattipati Gowtham Kumar 7. Mandava Lakshmi Narayana 8. K.Sadasiva Rao 9. Yendluri Anil Kumar 10. P.S.Prasad 11. C.R.Naidu 12. N.V.Surendra Babu 13. Jasti Venkata Ramudu 14. Boyapati Dinakar Prasad 15. Chadalawada Umesh Chandra 16. Maganti Kantha Rao 17. Goduguluri Srinivasa Rao 18. Ammineni. R. Srinivasa Rao 19. Kode Durga Prasad 20. Mannam Malakondaiah 21. Aluri Venkateswara rao 22. P. Appa Rao 23. Mandava VishnuVardhan Rao 24. Alluri Srinivas (DIG-CRPF) 25. Muvva Chandra Sekhar 26. M.Punna Rao 27. Athota Malakondaiah 28. Thummala Vikram 29. E.Damodar 30. Parvathaneni Sai Prasad 31. Chitturi Prasad 32. Kalluri Siva Rama Prasad 33. Dr.K Ramachandra Rao (IGP - Karnataka) 34. M.V.Rao 35. Kondaveeti Rajendra Kumar 36. Pullela Murali Mohana Rao 37. ...
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