BDR Pharmaceuticals move on Remdesivir clone irks Gilead
The Indian company had submitted its application for manufacturing the Covid-19 drug to the Drug Controller General of India (DCGI) last week.
Online medical consultation platforms see huge rise in traffic during lockdown
The volume of traffic has also grown significantly from Tier-2...
TVS Motor Company, Ashok Leyland, Nippon Paints among others contribute to Covid-19 relief
“The COVID-19 pandemic marks an unprecedented time...
Blood banks run dry as collection dwindles to a trickle
On normal days, leading blood banks such as the Indian Red Cross Society, Rotary Blood Bank and Lions Blood Bank collect 150 to 250 units of blood from voluntary donors at each of the collection /storage facilities spread across the country. Post the lockdown, these figures have dropped to 30 – 40 units per facility.
Limit your dairy intake: Drinking 1 cup of milk daily can increase risk of breast cancer by 50%
Consuming 2-3 cups of milk per day can increase the breast cancer risk by 70% - 80%.
Glenmark sells gynac business for Rs 115 crore
The sale of the gynac business comes two years after it sold its orthopedic business to the same company. Integrace will pay Rs 115 crore for four products of the portfolio that includes products like Dubagest, Mumfer and Fenza. These three products currently have sales of Rs 60 crore and are growing by 15%.
Zydus Cadila in talks to sell two units for Rs 1,200 crore
This is part of a broader strategy to reduce debt in the company’s capital structure after it borrowed more to help finance the Rs 4,600-crore acquisition earlier this year of Heinz India’s consumer wellness business. Zydus has approached larger rivals, such as Cipla and Sun Pharmaceutical Industries, besides financial investors.
PEs in talks for Emcure stake; promoters eye $2 billion valuation
JM Financial is advising the company for the stake sale.
Shield Healthcare acquires two entities for undisclosed sum
Following the acquisitions, Shield Healthcare aims to increase its presence in gynaecology and paediatrics, a company release said here on Thursday.
Pristyn Care raises $12 million Series B funding from Sequoia & others
The company plans to use the fresh financing to expand its healthcare operations and improve technology capabilities.
Stocks in the news: HG Infra, Cadila Healthcare, Talwalkars Healthclubs, IHCL and Allahabad Bank
HG Infra Engineering said it has bagged a highway project worth Rs 522 crore .
Medikabazaar gets Rs 112 crore in Series B
The startup will use the proceeds to build on its technology suite, supply chain infrastructure and for augmenting its team, as per a senior executive at Medikabazaar.
Anoushka Shankar undergoes hysterectomy; shares heartfelt post on social media about her struggle
The sitar player had a double uterus surgery last month.
DoP lists options to rationalise drug trade margins for Niti Aayog
In a meeting held earlier this month with Niti Aayog, DoP also suggested that trade margin on all formulations and dosages be capped at 100%.
Venture debt firm, InnoVen Capital, invests Rs 120 million in DocsApp
Funds to be leveraged to meet the growth requirements and expanding their presence across India.
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service