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Budget 2022: Many offerings for Pharma and Healthcare sector
India proposed doubling healthcare spending in an annual budget unveiled on Monday and lifted caps on foreigners investing in its vast insurance market to help revive an economy that suffered its deepest recorded slump as a result of the pandemic
JB Chemicals and Pharmaceuticals to acquire brands from Sanzyme
JB Chemicals and Pharmaceuticals yesterday announced that it will acquire brands for the India market from Sanzyme, a player in the probiotics and reproductive health segment in the country. The transaction is valued at approximately Rs 628 crores, and is expected to be completed in the next two weeks subject to customary closing formalities
Stempeutics gets DCGI nod for phase-III clinical trial on its product for treating COVID patients
Stempeutics yesterday said it has received DCGI clearance to conduct phase-III clinical trial on its product for treating COVID-19 patients suffering from Acute Respiratory Distress Syndrome (ARDS). The company will be using its stem cell product, Stempeucel, for conducting the label extension phase-III clinical trial
Mankind Pharma forays into critical care, launches division for life-saving injectables
Mankind Pharma has announced its foraying into critical care and has launched Saviour Mankind, a division for life-saving injectables. The division commenced operation yesterday with products ranging from anti-infectives to stroke and trauma management, a company statement said
ACG introduces Smart Connected Product to enable remote machine monitoring in real-time
New solution improves machine efficiency, prevents breakdowns, lowers costs and reduces risks whilst providing anytime, anywhere remote monitoring.
B Medical Systems inaugurates its manufacturing facility in Mundra, Gujarat
B Medical Systems inaugurated its new Indian manufacturing facility in Mundra, Gujarat, yesterday. Built with an investment of over Rs 100 crores, the facility has an annual production capacity of 100,000 units of medical cold chain products such as vaccine refrigerators, freezers and transport boxes
Alkem Laboratories to launch technology for Diabetic Foot Ulcer management in India
Alkem Laboratories today launched a patented technology for the treatment of Diabetic Foot Ulcer (DFU) for the first time in India. The solution would be based on disruptive 4D-bioprinting technology, which would be used to treat deep, non-healing chronic wounds, and is expected to be launched in the Indian market in the latter half of 2022
DGFT imposes restriction on export of anticoagulant enoxaparin & intra-venous immunoglobulin
Amid the rising cases of Covid-19 and Omicron variant in the country, the Directorate General of Foreign Trade (DGFT) has imposed restriction on export of anticoagulant enoxaparin and intravenous immunoglobulin (IVIG) active pharmaceutical ingredients and their formulations to ensure their adequate supply in the domestic market
Piramal Pharma Solutions expands in-vitro biology capabilities at Ahmedabad Discovery Services Site
Piramal Pharma Solutions (PPS) business today announced that the company has made a multi-million dollar investment to create a world-class high-throughput screening facility that will augment the existing in-vitro biology capabilities at its drug discovery services site in Ahmedabad, India
HealYos and Emoha join hands to provide home healthcare facilities in western India
The Corona pandemic has jolted the healthcare system. Healthcare should be accessible to everyone and home healthcare bridges that gap. In its bid to provide robust home-based healthcare services in western India, HealYos Home Healthcare and Emoha Elder Care Services have joined hands
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