Author: Shabbir Chunawalla

  • Molecular Modelling

    The therapeutic agents mostly act by interacting with a biological macro-molecule, say by activation of a receptor or inhibition of an enzyme or inter-calating into the DNA etc. These interactions can be understood by examining the 3D structures of the drug. The structural analysis of the drug-receptor complex can be appreciated if the macro-molecule is seen in pure crystalline form, but such crystallisation of most receptors is difficult. It is in this context that models of the receptors and their complexes with ligand are constructed by molecular modelling. It is a computer-based method. In its simplest form, it involves converting each atomic coordinate into a corresponding screen coordinate and then connecting the appropriate atoms by lines representing bonds. Most molecular modelling studies start with the selection of a model that describes the intra- and inter-molecular interactions in the system. The two most common models that are used are quantum mechanical and molecular mechanics. Molecular mechanics treat each atom as a ball of mass proportional to its atomic weight. Each bond is treated as an analog of a mechanical spring. The total potential energy of the molecule is computed by assessing the bond stretching, angle bending and torsional motions. In quantum mechanical approach, the quantized wave-like behaviour of the electrons and the nuclei is assessed.

  • Science and Research Parks

    IITs too realise that they must step up their efforts in R&D. R&D does need huge funding. The premiere institutions are considering corporate funded science parks and research centres which would be state-of-the-art.

    IITB will have a research park on its campus. It is setting up a company (NPO) to manage and govern this park. IITM has already built a reserch park, and is considering a second one. IITD would like to set up research centres in Haryana. IITK has its research complex on the campus. IIT-Kharagpur will have a cenre in Kolkata.

    The concept is to bridge the academia and the outside world.

  • R & D Costs and Drug Discovery

    R & D costs of big pharma companies are inflated. The one billion dollar figure as the cost of drug discovery started floating ever since The Tufts Centre for the Study of Drug Development, Boston study in 2000. The study took inflated figures of patients per drug trial. It added cost of capital to the drug discovery cost where capital cost is defined as the money the company would have made, had it invested in the stock market instead of R & D. It assumed a hypothetical return of 11 per cent compounded over 7-5 years ( the period to complete clinical trials and get the approval from the FDA ). It should have considered a realistic return of  3-7 per cent. The trial and approval period could have been reduced to 4 years. The tax subsidy enjoyed by the companies on R & D  expenditure is not included in the cost. The marketing spends which include freebies to doctors and sponsorships for conferences are much higher. Besides a few drugs are really innovative, some are modified versions and most are me-too products. The industry claims high costs for each and every drug brought into the market. Even if we assume the inflated figure of one billion dollar for drug discovery, companies earn many times that amount in a year. There is an average 19% profitability, almost on par with oil industry’s profitability.

  • Personalised (Autologous) Cancer Vaccine

    As most cancer drugs are cytotoxic, they not only act on cancer cells but also on normal cells. In other words they are not selective. Vaccines which are threpeutic and act only on cancer cells are the way out. These have reached the phase III of Clinical trials. These are designed by several ways — from dendritic cells, irradiated tumour cells mixed with BCG, tumour-derived heat shock protein peptide complex.

    Denaritic cell-based caccines stimulate dendritic cells ( DC ) of the patient ex vivo ( through exposure to tumour cell lysate ) to fuse with tumour cells ( virus-infected ). These are given back to patients to initiate antigens to the T cells in the effector arm of the immune system.

    Irradiated tumour cells of the patient has no harmful factor in the cells. These are mixed with BCG vaccine.

    Heat shock protein peptide complex are found in all cells. They act as chaperones. They carry while transporting a large reportoire of proteins and peptides. HSPs are complexed with antigenic peptides to generate immune response. These are highly useful in fibrosarcoma, leukaemia, melanoma, and lung, colon, breast and prostate cancer.

    Products under clinical trials

    • OncoVAX has derived cells from the excised tumour which are mixed with BCG to boost patient’s immune res response.
    • Oncophase ( Vitespen ) uses HSPs and peptides derived from patient’s tumour cells.This comprises a sort of antigenic fingerprint — unique to each patient’s cancer.
    • Provenge ( Sipuleucel-T ) is autologous ( patient derived DC that have been cultured with a delivery cassette that contains a version of prostate-cancer associated version of Prostatic Acid Phosphatase (PAP ) and the cytokine granulocyte-macrophase colony-stimulating factor ( GM-CSF ). It is designed to activate specialised immune cells called T cells to recognise and destroy cells bearing PAP antigen. Here patient’s own tumour is not used to initiate antigenic response but a generic antigen is used common in prostate carcinoma.

    Favid uses patient-specific idio-type protein isolated from tumour biopsy. It is conjugated with keyhole limpet hemocyanin ( KLH ). This is useful in non-Hodgkin’s lymphoma.

    MyVax is patient-specfic idiotype conjugated to KLH.

    Stimuvax is non-patient specific vaccine. It has a synthetic peptide derived from tumour associated antigen MUC 1.

    GSK 1572932A is non-patient specific consisting of a purified recombinant MAGE- A3 protein.

    Vaccines are used as adjuvants or in earlier-stage disease. They are yet to be tested on larger populations.

  • Vaccine Adjuvants

    Newer vaccines include synthetic, recombinant or highly purified subunit antigens that are weakly immunogenic. Therefore, these formulations require adjuvants for better immunologic efficiency. Immuno-modulators obtained from different sources such as synthetic, bacterial and viral have been used for enhancement of immune response to vaccines. Plant-based products are being considered as one option for immune adjuvants.

    A new patent has been granted in the US for a vaccine adjuvant extracted from Ashwagandha (Withania somnifera ). It is used in Ayurveda as immunity enhancer. Researchers are also examining the immuno-modulatory activity of medicinal plants such as Shatavari and Guduchi.

    The new adjuvant can be applied in ailmants like meningitis, diphtheria and tetanus among others.

  • E-Commerce

    E-commerce in India is valued at $ 14 billion, and has a growth rate 33 per cent. It is staffed by youngsters from the prestigious institutions such as the IIMs and the IITs. Most ventures are just five years old. There are six companies which have a valuation of $ 1 billion plus. Still in terms of the areas catered to, the market is skewed. Most of the e-commerce, to the extent of 70 percent, consists of online travel business. The e-tailing comes second at 17 per cent, but growing very fast to catch up.

    The global e-commerce market is valued at $ 1.5 trillion and has an annual growth rate of 20 per cent. The biggest share is that of the USA, followed by Asia-Pacific. The internet penetration and mobiles have fuelled this growth.

    The Digital India initiative will boost e-commerce in India by roping in the rural and urban areas both. Mobile applications stimulate e-commerce growth, and in India start ups are working on this. E-commerce has to tie up with mobile wallet providers and banks to streamline the payment mechanism.

    Though right now the growth is due to price incentives, in the long term it will be driven by efficiency and data.

     

  • Streaming Music

    As you are aware, Apple dominated the download music market. However, of late, the listening habits are changing fast. The trend of streaming music is catching up, and the downloads are dropping. The activity happens in ad supported streaming, e.g. YouTube and Spotify free version. But still the revenues growth comes from paid subscription services. At present, Apple makes money from music downloads everyday that far exceeds the revenue the digital music industry makes in a month. This means that rivalling Spotify and Pandora is not a top priority for Apple. However, that does not mean Apple can be complacent about the new trend.

    To Apple, music is a complementary product to sell its iPhones. It prevents its customers from using the other devices.

    Apple might go in for a free trial service for its streaming service. It may put an act togethter by stitching its disparate parts such as iTunes, Pandora radio service, Beats which has streaming service. The question is how many subscribers will be ready to pay up once the service is priced. The service can be sustainable if a base of 100 million paid subscribers is created. Apple can be rope in its iTune users to contribute to this.

  • Hermann Zapf, Type Designer

    Hermann Zapf expires at the age of 96. He created beautiful type faces.He created around 200 typefaces in different scripts. His work spanned from the metal typesetting to phototypesetting to digital typesetting. Palatino, Optima, Melior, Zapfino, Zapf Dingbats are all fonts attributed to him. According to Jerry Kelly, a leading US typographer, what  Michelangelo was to sculpture and Beethoven to music, Zapf was to type design. The type designer works letter by letter but at the same time takes a holistic view. He has to pay attention to to the shapes of the letters, modulation in the thickness of a letter’s lines and the relationship of the letters to one another. You have to combine beauty with clarity. A type designer’s creativity is bound by practicality. It is constrained by the alphabet. As the type is to be read, the design cannot change the nature of the alphabet beyond a limit. He created typefaces for the Hallmark greeting cards.

    As a young man, he worked as an apprentice. He was a photo retoucher.Koch’s work inspired him. he taught himself calligraphy through books. His first design was print type Gilgengart. He drew Palatino in 1948. he taught at various institutions.

  • Corporate Social Responsibility (CSR)

    The new Companies Bill mandates that companies with a net worth of Rs. 500 crore or more, or a turnover of Rs.1000 crore or more, or a net profit of Rs. 5 crore or more, shall spend  ‘at least 2 per cent of the average net  profits of the company made during the three immediately preceding financial years, in pursuance of its corporate social responsibility ( CSR ) policy.’ With this bill, India will be the first country in the world to force essentially CSR spending by companies.

    Giving money for ‘ causes ‘ is not new. The term charity covered feeding, housing and taking care of the poor, the needy and the sick. Corporate SR is guided by established and stated values that the company stands for. The community’s need are assessed. The environment is scanned for the needs. These could be met through CSR.

    Does India need forced CSR? Is not the giving not in our DNA?  There is so much giving to faith based institutions. These in turn run schools, colleges, hospitals and orphanages. In spite of so much giving, the issues of poverty, social justice and corruption do persist in India. Mere giving is not enough perhaps. The problems are complex. There should be collaborative working. Let us do fewer things (focus ) in a bigger way ( scala ) for longer periods of time (commitment ). The impact has to be measured. Some measurements such as ‘ meals served ‘ or ‘ patients treated ‘ are easier, but measurements pertaining to climate change and social justice are difficult.

  • Online Entertainment

    Star’s mobile app is Hotstar. It has 16 million downloads and 50 million users.Its adoption is very fast. It has been launched in February, 2015. Sony mobile app is Sony LIV. It has been launched in 2013.Eros has launched ErosNow in 2012. Zee has launched Ditto TV in 2012. These apps are used to load preview of movies and TV programmes. You can see some full movies too.Bombay Velvet’s preview was available on Hotstar and Hanuman’s in Sony LIV.It is still difficult to measure the number of clicks the mobile ad gets or the banner gets.It is difficult to say how many views the ad hs received. This is too tactical and short-term.One has to consider the contribution to brand building in the long term.More than  three fourth’s of YouTube’s revenues and traffic emerge from professionally generated content.Digital ads are growing at the rate of 40 per cent. Its current revenue is Rs 4350 crore. India consumes on line videos — 60 million, and has a fast growing smart phone market — 70 million and growing.Of course, the tariffs of digital ads are too low.

    India is still a TV market and will continue to remain so ( 800 million people watch TV). There are just 152 million people online. The market is heavily skewed in favour of TV.