Hester Biosciences to acquire 50 per cent stake in Tanzania firm
Hester Biosciences recently said it has entered into a pact to acquire 50 per cent stake in Tanzania-based animal health products distribution firm Thrishool Exim for $2.25 million (around Rs 16 crores)
Jubilant Pharmova Q2 net profit stood at Rs.143 crore
The company's radiopharma business witnessed improvement in sales YoY, however pace of recovery during the quarter was affected by increase in Covid-19 cases in the US, while CMO business revenue grew YoY based on continued strong demand from customers as well as due to Covid related deals
NPPA releases draft version of proposed retail price calculation for five formulations
The National Pharmaceutical Pricing Authority (NPPA) has released draft version of proposed retail price calculation for five formulations, including a combination of telmisartan IP 40 mg and amlodipine besylate IP, which has a moving annual total (MAT) of Rs. 596.8 crore.
CDSCO to enhance testing capacity for medical devices
The Drugs Controller General of India (DCGI) is in the process of enhancing capacity for testing medical devices in the country in tandem with its efforts to bring all the medical devices under the regulatory regime. This also comes in line with the demand of the medical devices industry to increase the testing laboratories so that the regulatory
bp and LANXESS join forces on renewable raw materials for plastics production
Specialty chemicals company LANXESS and energy company bp are entering into a strategic partnership for the use of sustainable raw materials in high-tech plastics production. bp will supply sustainably produced cyclohexane to the LANXESS production site in Antwerp, Belgium, starting in the fourth quarter of 2021
Proteon Pharmaceuticals India, a subsidiary of Proteon Pharmaceuticals SA Poland, announced it will focus on the development of bacteriophages as a sustainable alternative to antibiotics in the poultry industry
SRL Diagnostics signs MoU with DSEU for education in medical laboratory technology
SRL Diagnostics, India's leading diagnostics chain with the largest accredited lab network, has signed a Memorandum of Understanding (MoU) with Delhi Skill and Entrepreneurship University (DSEU), an institute set up by the Delhi Government that equips students with skills education and enables candidates for employment
The programme will cover pharmacovigilance: basics, objectives & methods, ADRs: Understanding, prevention & reporting, understanding about individual case safety reports (ICSRs), Materiovigilance Programme of India and causality assessment & quality review, signal detection and assessment, and adverse events following immunization (AEFI)
Digital health cos urge govt to revise Telemedicine Practice Guidelines to address data privacy
Telemedicine Practice Guidelines was released by the health ministry on March 25, 2020, a day after Prime Minister Narendra Modi announced a country-wide lockdown to curb the spread of the novel coronavirus. This led to closure of out-patient departments in most government and private hospitals
US FDA issues final order and guidance on surgical staplers and staples for internal use
The agency issued a final order reclassifying surgical staplers for internal use from Class I (general controls) to Class II (special controls) and requiring them to undergo premarket review. As a result, surgical staplers for internal use will be subject to more stringent regulatory requirements, including requiring premarket notification and special
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