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Avesthagen is a leading life science company pioneering the convergence
between Food, Pharma and Population Genetics leading to Predictive
Preventive Personalized HealthcareTM.
The business model of Avesthagen is to combine IP & product development
through in-house research and collaborations. Avesthagen has built and
continues to build an integrated, systems biology approach of capabilities,
products, infrastructure and technology that allows for and facilitates
‘cross talk’ between numerous disciplines, leading to unique and innovative
solutions.
We employ 450 people worldwide and are headquartered in Bangalore, India.
Systems Biology Model.
When it comes to discovery and scientific
breakthrough we believe in putting together rather than taking apart,
integration rather than reduction. The pluralism of causes and effects in
biological networks is better addressed by observing, through quantitative
measures, multiple components simultaneously and by rigorous data
integration and analysis. Systems biology is about looking at one event from
different angles; it is about merging sciences at micro and macro levels. It
means changing traditional scientific philosophy, in the full sense of the
term.
Predictive Preventive Personalized Healthcare.
We believe that healthcare will be revolutionized by genomic and stem cell
research, becoming predictive, preventive, and personalized. The goal of
personalized medicine is, first of all, to use the advanced tools of
molecular genetics to predict how patients will respond to drugs, reducing
harm and increasing benefit. The dual combination of diagnostic and
treatment technologies is at the heart of personalized medicine and will
transform healthcare dramatically. We have just entered the world of
molecular medicine, and the realities of regenerative medicine and
preventative healthcare are within our grasp.
Preventive Nutrition
The BioNutrition
(or Food-for-MedicineTM) group focuses on
developing scientifically validated bioactives from Indian medicinal plants
for prevention or treatment of degenerative conditions such as diabetes,
obesity, CVD and bone health. We also work on performance enhancement,
stress management, skincare, weight management, immunomodulation, pain
management, osteoarthritis and digestion through use of proprietary tools.
FFM products target both food and pharma markets and, coupled with global
marketing strategies and the acquisition of two product driven businesses,
the BioNutrition group is poised for sustainable fast growth. It hosts two
wholly owned subsidiaries and large collaborative programs.
On the Dietary Supplement front, Avesthagen markets scientifically validated
natural ingredients. These set the highest standards for purity and
concentration of active constituents. Many of our leading products have
strong intellectual proprietary positions. These include trademarks and
patents that employ process, composition and method of use claims. Products
are manufactured in India and sold in the US and Japan in the form of pills
and powders and worldwide though bulk volumes. Europe and south-east Asia
will be covered by mid 2009. We have an existing catalogue of over 40
standardized extracts and multiple grades of innovative specialty products
and will continue to fuel the pipeline with new products developed in-house
or though collaborations.
The food wing develops nutritious alternatives for breakfast, daily snacks,
and functional foods for all who strive towards promoting well-being through
a healthy diet. The products target the discriminating health conscious
consumer, who cares about using natural food ingredients for their nutrition
requirements and those who believe that their health can be managed better
through foods. This unit follows the philosophy of healthy and tasty
foods while adding value by bringing to market product lines fortified with
clinically validated nutritional bioactives developed by the FFM team.
Products are currently sold in India and will enter Europe & US in 2009.
The BioAgriculture
(or Seed-for-FoodTM) group focuses on biotic
& abiotic stress resistance, oil enhancement and developing functional foods
from plants. It hosts three wholly owned subsidiaries, large collaborative
programs with the likes of Limagrain and Godrej and
sees itself as a vehicle of high quality seed transmutation, wherein crops
are developed through a combination of genetic and genomic tools,
conventional and markers assisted breeding, exploiting natural and directed
variation and trans/cisgenics.
The aim is to combine/create germplasm with in-house technologies to enhance
trait based solutions for farmers in India and across the globe.
Personalised Healthcare
In the Science & Innovation
group, technologies are being developed
through collaborative R&D with global partners in the life sciences
industry. It is the R&D heart of Avesthagen where new ideas are incubated
and the main driver in the creation of high value IP. Over the years
numerous collaborations have emerged from this program and evolved into new
ventures. Others have also attracted equity investments in the parent
company. The Science & Innovation business unit of Avesthagen employs a
Systems Biology approach for the dissection of molecular mechanisms in human
diseases and works towards delivery of innovative solutions for predictive,
preventive, personalized healthcare. To take a product or a technology from
concept to market is Science & Innovation’s greatest strength.
Science & Innovation currently covers four
programs : AVESTAGENOMETM
(a flagship large scale population genomics
study on Parsis), Cancer Stem Cells, Molecular Diagnostics
and, finally, Natural Drug Discovery.
Under the BioPharmaceuticals
group a solid pipeline of biosimilars is
being developed in partnership with Cipla Ltd. The group focuses on pathway
engineering and development of novel expression systems, development of
product specific bioassays and design of novel animal component free
production media, generation of over-expressing stable cell lines,
development of proprietary expression platforms and novel, scalable
processes in microbial and mammalian systems. Scale-up, manufacturing and
supply of commercial scale material is done through a joint venture with
certified manufacturing facilities in India and Malaysia. The first products
are expected to reach the market early 2011 and will be sold in unregulated
markets through Cipla’s distribution network. Regulated markets will be
penetrated post patent expiry.
First mover advantage, strategic positioning and worldwide collaborations
saw the company progress towards its goal of bringing new safe medicine
faster to the world whilst keeping social and ecological aspects in mind.
Avesthagen recognise that corporate responsibility does not end at the
factory gate or at office doors and that economic performance and attention
to people go hand in hand.
Avesthagen has built number of collaborations including joint ventures and
equity led deals with global partners generating significant IP portfolio –
valued by independent parties at Eur 2 Bn. In addition, we received numerous
international certifications and awards. Revenues have progressed steadily
since 2006 and we have seeing fast growth compared to the usual gestation
period in the biotech industry. The company has raised to date more than Eur
40 million in equity that have been carefully deployed on four acquisitions
and a substantial product portfolio and pipeline. Avesthagen is armed with
international manufacturing, distribution and marketing capabilities. |