Daily Archives: October 19, 2019

Centrient Pharmaceuticals Initiates a Second Patent Litigation in India Against Dalas Biotech Limited

Centrient Pharmaceuticals (“Centrient”), the global leader in the production and commercialisation of sustainable, enzymatic antibiotics, next generation statins and anti-fungals, announced that it has filed a second lawsuit against Dalas Biotech Limited (“Dalas”) for patent infringement

ROTTERDAM, The Netherlands, Oct. 18, 2019 (GLOBE NEWSWIRE) — Centrient Pharmaceuticals announced that on October 14th 2019, its wholly owned subsidiary, Centrient Pharmaceuticals India Private Limited, filed a second lawsuit against Dalas Biotech Limited in the High Court of Delhi in New Delhi, India for patent infringement of Indian Patent Number 318914. This patent, which is owned by Centrient, claims an innovative enzyme for use in a process for manufacturing the amoxicillin trihydrate active pharmaceutical ingredient. By its complaint, Centrient seeks compensation for damages and a permanent injunction to prevent the infringing manufacture, use, sale in India and exportation out of India of Dalas’ active pharmaceutical ingredient containing amoxicillin trihydrate produced by an enzyme that amounts to infringement of Indian Patent No. 318914.

Karl Rotthier, CEO at Centrient said: “After having previously filed patent litigation against Dalas Biotech for patent infringement in India related to a process for the enzymatic manufacture of amoxicillin trihydrate, Centrient now furthers it enforcement actions by filing this second infringement action related to the innovative  enzyme used in that process.  Centrient will continue to rigorously enforce its IP assets worldwide against any additional potential infringers in India or abroad.”

About Centrient Pharmaceuticals

Centrient Pharmaceuticals is the leading manufacturer of beta-lactam antibiotics, and a provider of next generation statins and anti-fungals. We stand proudly at the centre of modern healthcare, as a maker of essential and life-saving medicines.

With our commitment to Quality, Reliability and Sustainability at the heart of everything we do, our 2700 employees work continuously to meet our customers’ needs. We work towards a sustainable future by actively participating in the fight against antimicrobial resistance.

Founded 150 years ago as the ‘Nederlandsche Gist- en Spiritusfabriek’, our company was known as Gist Brocades and more recently DSM Sinochem Pharmaceuticals. Headquartered in Rotterdam (Netherlands), we have production facilities and sales offices in China, India, the Netherlands, Spain, Egypt, the United States and Mexico. Centrient Pharmaceuticals is wholly owned by Bain Capital Private Equity, a leading global private investment firm.

For more information please visit www.centrient.com or contact Centrient Pharmaceuticals Corporate Communications, Alice Beijersbergen, Director Branding & Communications. E-Mail: alice.beijersbergen@centrient.com

Forward-looking statements
This press release may contain forward-looking statements with respect to Centrient Pharmaceuticals’ future financial performance and position. Such statements are based on current expectations, estimates and projections of Centrient and information currently available to the company. Centrient cautions readers that such statements involve certain risks and uncertainties that are difficult to predict and therefore it should be understood that many factors can cause actual performance and position to differ materially from these statements. Centrient has no obligation to update the statements contained in this press release, unless required by law. The English language version of the press release is governing.

Two Banda Aceh inmates caught in possession of crystal meth

We order the correctional facility chief to hand over the two convicts to the police along with the evidence

Banda Aceh (ANTARA) – The Banda Aceh correctional facility found two inmates to be in possession of crystal meth.

The two inmates, identified as Irfan bin Jafar Ahmad and Kammaruddin bin Zulkifli, were found to possess two small packs of suspected crystal meth on Friday, Head of the Correctional Facility Division of the Aceh Provincial Office of the Law and Human Rights Ministry Meurah Budiman stated on Saturday

Irfan and Kammarudin, both drug convicts, are currently serving an eight-year jail term at the correctional facility.

“During the search, a correctional facility officer found one small pack of suspected crystal meth. The officer later reported the case to the correctional facility chief. The officer later arrested convict Kammaruddin bin Zulkifli,” Budiman remarked.

“We order the correctional facility chief to hand over the two convicts to the police along with the evidence. We hope the police would unearth where they obtained the drugs from,” he stated.

Source: ANTARA News

Indonesia’s trade balance recorded USD0.16 billion in September

The deficit primarily stemmed from a decreasing non-oil and gas trade surplus coupled with a stable oil and gas trade deficit

Jakarta (ANTARA) – Indonesia’s trade balance recorded a narrow USD0.16 billion deficit in September 2019 after achieving a USD0.11 billion surplus the month earlier.

“The deficit primarily stemmed from a decreasing non-oil and gas trade surplus coupled with a stable oil and gas trade deficit,” Executive Director of the BI Communication Department, Onny Widjanarko said in a statement received at Jakarta, Saturday.

The non-oil and gas trade surplus reduced on sluggish non-oil and gas export performance as non-oil and gas imports increased, he said.

Nevertheless, overall export growth has shown early signs of improvement from -10.0 percent (yoy) to -5.7 percent (yoy) in September 2019.

Similarly, he noted, overall import growth has also improved, with the contraction easing from -15.7 percent (yoy) to -2.4 percent (yoy) in September 2019.

The non-oil and gas trade balance recorded a USD0.60 billion surplus in September 2019, retreating from USD0.87 billion the month earlier.

Such conditions were explained by weak non-oil and gas exports, held back by global economic moderation and lower commodity prices.

In contrast, he said, non-oil and gas imports have increased on the back of imports of construction materials to fuel solid building investment performance.

Meanwhile, the oil and gas trade deficit in September 2019 stood at USD0.76 billion, relatively stable compared with conditions in the previous period.

Oil and gas exports in the form of crude oil and gas experienced deeper declines in terms of value and volume, while exports of refined products increased on rising demand from Malaysia.

On the other hand, oil and gas imports declined in the reporting period as a result of lower global oil prices.

Bank Indonesia considers the latest trade balance developments in September 2019 a corollary of global economic moderation and the ongoing commodity price slide.

Moving forward, Bank Indonesia will continue to strengthen policy synergy with the Government and other relevant authorities in order to bolster external resilience, including the trade balance outlook.

Source: ANTARA News

Indonesia should become investment-friendly in five years

Indonesia has no other choice but to focus on an investment-friendly economy that may make growth higher than we had experienced in the past five years.

Jakarta (ANTARA) – Indonesia should be investment-friendly in the five years to improve the national economy, National Development Planning Minister Bambang Brodjonegoro stated.

“Indonesia has no other choice but to focus on an investment-friendly economy that may drive growth higher than we had experienced in the past five years,” he remarked on Friday.

The minister noted that household consumption, currently serving as the chief driver of the Indonesian economy, is only able to stabilize growth and not increase it. He further highlighted the role of investment in the national economy.

“Household consumption growth has enabled us to maintain the economic growth at five percent. If we want the economy to grow at 5.6 or six percent, more investment is required. Hence, I stress on why investment is a priority,” he noted.

Indonesia should focus on specific investment, including increasing the competitive edge of manufactured goods deemed effective to promote the national economy, he stated.

“Give emphasis to priority investment in Indonesia, such as the manufacturing sector. This does not mean that the other sectors are not important,” he noted.

Hence, he expressed hope that the government, in the next five years, would have a plan to form an investment ministry to boost investment growth.

Earlier, Bambang had called on entrepreneurs to boost the performance of the manufacturing industry under the efforts to boost the national economy.

Source: ANTARA News

Indonesia should become investment-friendly in five years

Indonesia has no other choice but to focus on an investment-friendly economy that may make growth higher than we had experienced in the past five years.

Jakarta (ANTARA) – Indonesia should be investment-friendly in the five years to improve the national economy, National Development Planning Minister Bambang Brodjonegoro stated.

“Indonesia has no other choice but to focus on an investment-friendly economy that may drive growth higher than we had experienced in the past five years,” he remarked on Friday.

The minister noted that household consumption, currently serving as the chief driver of the Indonesian economy, is only able to stabilize growth and not increase it. He further highlighted the role of investment in the national economy.

“Household consumption growth has enabled us to maintain the economic growth at five percent. If we want the economy to grow at 5.6 or six percent, more investment is required. Hence, I stress on why investment is a priority,” he noted.

Indonesia should focus on specific investment, including increasing the competitive edge of manufactured goods deemed effective to promote the national economy, he stated.

“Give emphasis to priority investment in Indonesia, such as the manufacturing sector. This does not mean that the other sectors are not important,” he noted.

Hence, he expressed hope that the government, in the next five years, would have a plan to form an investment ministry to boost investment growth.

Earlier, Bambang had called on entrepreneurs to boost the performance of the manufacturing industry under the efforts to boost the national economy.

Source: ANTARA News