Pharma Business Line

Olon announces new investment | Pharmaceutical contract

International API supplier Olon has announced an additional investment of €27 million over 2022/2023 that will further expand its global platform for the development and production of potent and highly potent active ingredients, with the aim of being even more more flexible, integrated, and able to meet customer needs throughout …

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Questex continues its streak of awards and wins five folios:

NEW YORK, Sept. 19, 2022 (GLOBE NEWSWIRE) — Questex, a leading information and event services company, won five awards at the Folio: Eddie and Ozzie Awards ceremony and a also received a Graphic Design USA award. “We are extremely proud of our editorial talent and our creative team. We focus …

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We are working with the government on PLI 2.0: President of IDMA

According to Viranchi Shah, National Chairman of Indian Drug Manufacturers Association (IDMA), the Production Linked Incentive Scheme (PLI) and cluster manufacturing are contributing to the growth of the pharmaceutical industry. Speaking to reporters at the inauguration of three pharmaceutical trade shows Analytic Anacon India, India Lab Expo and Pharma Pro …

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Sensex will hit 1.25,000 in 4 years, Nifty50 @ 40,000: Yes Securities

Tossing a bullish note on the outlook for the economy, Yes Securities, a wealth brokerage and investment advisory firm, said on Tuesday it expects benchmarks to rise at an annual growth rate. compound (CAGR) by 20% over the next four years. At this rate, Sensex will likely hit 1.25,000 and …

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The PLI program is good, but more needs to be done to stimulate API research

Pharmaceutical manufacturing is a capital-intensive business. Although India is a major player in the manufacture of pharmaceutical formulations, “there is still a huge gap in the production of Active Pharmaceutical Ingredients (APIs) in India. The country currently depends on China and other countries for much of its APIs, losing huge …

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Longest drone medicine delivery in Bengal

A Skye Air Mobility drone covered an aerial distance of 104 km in West Bengal on Tuesday to deliver a shipment of drugs from Flipkart Health, the longest commercial delivery using an unmanned vehicle in the state, a statement from the state said on Tuesday. society. The drone took off …

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The digital divide will widen between pharma leaders and laggards over the next decade

The company said it commissioned independent research from 31 key players in the UK and Irish biopharmaceutical industry to uncover key areas for business improvement. The study was conducted between late 2019 and early 2022, covering the period affected by the global pandemic. Findings reveal that with much of the …

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Leading Pharma, Biotech, and Device Development Industries to Gather at San Francisco Prefilled Syringe Conference

San Francisco, California, September 03, 2022 — (PR.com) — After two successful years, SAE Media Group presents the return of the 3rd Annual San Francisco Prefilled Syringe Conference on September 19-20, 2022 in San Francisco , California, United States. The pre-filled syringe industry is growing at an exponential rate with …

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Raloxifene Market to Grow at a CAGR of 8.50% by Size, Share, Industry Segmentation, Trends and Forecast to 2022-2029

Raloxifene market Data Bridge Market Research analyzes the market to consider growth at a CAGR of 8.50% during the forecast period mentioned above. PUNE, MAHARASHTRA, INDIA, August 30, 2022 /EINPresswire.com/ — DBMR Announces Market Research Report titled Raloxifene contains business analysis, historical and future overview, global sales trends by 2029. …

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Foreign companies are rushing to exploit India’s warehousing sector

Foreign companies are heading to India to tap into the growing warehousing sector as the boom in e-commerce, the China+1 strategy of multinational companies, coupled with a push in the FMCG, food, clothing and pharmaceuticals, lead to high demand for stocking goods. Since April, three major multinationals – FM Logistic, …

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Saudi pharmaceutical company SPIMACO suffers $6 million loss as first-half revenue drops 10%

RIYADH: Saudi stocks fell in the final session last week, in line with most Gulf peers, as oil prices continued to fluctuate. The main TASI index ended down 0.2% at 12,621, while the parallel market Nomu edged up 0.2% to 21,574. Abu Dhabi, Dubai, Bahrain and Oman all lost between …

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Boosting Drug Development Efficiency Through Sensor Data Integration –

Who remembers this line from the movie Zoolander, “the files are IN the computer?!” Twenty years later, we all painfully know the file structure of our computer. But as we continue to digitize clinical trials, has access to new streams of valuable data become easier because “the data is IN …

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Toronto Unveils TIFF Docs 2022 Programs, Contemporary World Cinema | New

New work from black fish director Gabriela Cowperthwaite, Werner Herzog and Klaus H.ӓrӧ are among TIFF Docs and Contemporary World Cinema lineups were announced on Wednesday, August 17. Sasha Jenkins’ The Black and the Blues of Louis Armstrong is the TIFF DOCS opening night selection. Anita Lee, Director of Programming …

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Financial services lead first-quarter earnings; metals and mining, IT firms among laggards

Illustration: Ajay Mohanty Dear reader, Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened …

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Patients will bear the heaviest consequences of proposed cuts to home healthcare

In today’s market where inflation and healthcare costs continue to rise, it is constantly difficult to identify where best to allocate a limited amount of funds. Of course, there are no easy decisions, but consumer demand and ultimately what will make healthcare more accessible, convenient, cost-effective and better for patients …

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INVITAE CORP – 10-Q – Management’s Discussion and Analysis of Financial Condition and Results of Operations – InsuranceNewsNet

The following discussion of our financial condition and results of operations should be read in conjunction with our condensed consolidated financial statements and the related notes and other financial information included in Part I, Item 1. of this Form 10-Q, and together with our audited consolidated financial statements and the …

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Creso Pharma Ltd raises 7 million Australian dollars to continue its expansion in the United States

Creso Pharma Ltd (ASX:CPH, OTCQB:COPHF) has secured firm commitments to raise approximately A$7 million from institutional, professional and sophisticated investors through the issuance of 175 million fully paid ordinary shares at 0, 04 Australian dollar per share. The total amount raised includes commitments totaling A$1.74 million assumed by company directors …

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Zenara Pharma receives Nirmatrelvir and Ritonavir tablets

Hyderabad, July 28 Zenara Pharma, a subsidiary of Biophore India Pharmaceuticals, has received approval from the Central Drugs Standard Control Organization (CDSCO) to manufacture and market Nirmatrelvir and Ritonavir tablets in a combination pack as a treatment option for patients with symptoms mild to moderate Covid-19. The tablets, which will …

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Triastek and Eli Lilly team up to 3D print gastrointestinal drugs

Chinese drug 3D printing company Triastek announced a partnership with a global pharmaceutical company Eli Lily to research and develop 3D-printed oral drugs for the gastrointestinal tract. Specifically, the project will leverage Triastek’s proprietary Melt Extrusion Deposition (MED) technology to fabricate drug timed release profiles to target specific areas of …

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FDA unveils new draft guidelines to help sponsors apply – Endpoints News

How does a cancer drug cross the FDA finish line 3-5 months before its PDUFA date? This is where real-time oncology review comes in. Over the past five years, the Rick Pazdur-led FDA Oncology Center of Excellence has been quietly leveraged in RTOR to enable sponsors to provide even earlier, …

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Yes Bank stock price: Stocks in the news: Wipro, IndusInd Bank, SRF, Havells, NTPC and Yes Bank

Nifty futures on the Singapore Stock Exchange traded 4.5 points or 0.03% lower at 16,493, signaling that Dalal Street was heading for a flat start on Thursday. Here are a dozen stocks that could buzz the most in today’s trading: Hindustan Zinc, SRF, Mphasis: Hindustan Zinc, SRF, MphasiS, JSW Energy, …

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Novartis expects earnings improvement from Sandoz generics unit

A sign marks the facilities of the Novartis Institutes for BioMedical Research in Cambridge, Massachusetts, U.S., June 16, 2021. REUTERS/Brian Snyder Join now for FREE unlimited access to Reuters.com Register July 19 (Reuters) – Swiss drugmaker Novartis (NOVN.S) said profits at its generic drugs arm Sandoz were likely to be …

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Consolidation can go further

Equity markets have consolidated over the past week. NSE Nifty traded in the 390 point range before settling for 171.4 points or a loss of 1.06%. BSE Sensex fell 1.3 percent. Broader indexes had mixed performance, such as the Nifty Midcap-100 index down 1.3% and the Smallcap-100 index down 0.1%. …

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Indices end nearly flat, Nifty settles below 15,950

Major stock indexes ended near the flat line with minor declines on Thursday. Oil & Gas, Pharmaceuticals and Consumer Durables stocks advanced while PSU Banks, IT and Media stocks corrected. After hitting the day’s high at 16,070.85 in morning trading, the index slid lower as the session …

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Creso Pharma Ltd Obtains Letter of Intent to Commercialize anibidiol® Products Targeting Companion Animal Health in South Korea

Creso Pharma Ltd (ASX:CPH, OTCQB:COPHF) has signed a Letter of Intent (LOI) with Providence Animal Health Korea Ltd to work towards the registration, import and commercialization of Creso’s anibidiol® product suite Pharma for the South Korean market. Providence Animal Health Korea is a leading supplier of pet food products to …

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WuXi continues its expansion with the opening of another factory in Changzhou; Swiss biotech makes new acquisition – Endpoints News

CDMO WuXi STA has grown rapidly over the past year and its upcoming opening will expand its offering in the peptides sector. WuXi has open two new large-scale oligonucleotide and peptide manufacturing facilities at its campus in Changzhou, China, according to the company. However, financial and employment details were not …

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The best diabetes drug is off patent, prices fall by a third

Mumbai: Good news for diabetics, cheaper versions of a blockbuster drug — Januvia (Sitagliptin) – hit the market on Wednesday, with more expected soon. The growth anti-diabetes the market, valued at around Rs 17,000 crore, is expected to see action with generic versions of the US company MerckJanuvia’s blockbuster will …

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Eczema Skin Care Products Market Size, Scope and Forecast

New Jersey, United States – The Eczema Skin Care Products Market The research report aims to provide a quick overview of the overall industry performance and important new trends. Important information, as well as conclusions, latest key drivers and constraints, are also described here. A wide range of quantitative and …

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AI is the secret to companies reducing carbon emissions and costs at the same time

Philip Ashton is CEO and co-founder of 7bridges, an AI-powered logistics platform that helps businesses be more sustainable. Here he explains how companies can balance sustainability with business goals using the “Green Report”, and how the supply chain is a major contributor to our carbon footprint. Pressure from climate-conscious consumers …

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Growth Hormone Type 1 Secretagogue Receptor Market 2022 by Key Players: Aeterna Zentaris Inc, Alize Pharma SAS, Allergan Plc, AstraZeneca Plc, Daiichi Sankyo Co Ltd, Oxeia Biopharmaceuticals Inc, Pfizer Inc, RaQualia Pharma Inc, Zeria Pharmaceutical Co Ltd – Indian Defense News

The Latest published a market study on Growth hormone secretagogue receptor type 1 Market provides an overview of current market dynamics in the Growth Hormone Secretagogue Type 1 Receptor space, as well as what our survey respondents – all outsourcing decision makers – predict the market will look like …

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4D PHARMA: “4D pharma”) RECEIVES DELISTING NOTICE FROM NASDAQ – Form 6-K

4D PHARMA PLC (“4D pharma”) RECEIVES DELISTING NOTICE FROM NASDAQ Leeds, UK, June 28, 2022 – 4D pharma plc (AIM: DDDD, NASDAQ: LBPS), a leading pharmaceutical company in the development of living biotherapeutics (LBPs), a new class of microbiome-derived drugs, today announces that on June 27, 2022, it has received …

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India In-Focus – Dubai’s Emaar CEO Briefly Detained; India plans safety rating system for passenger cars

Crypto Moves – Bitcoin and Ethereum rise; Celsius prepares for bankruptcy; $100 million heist hits crypto firm Harmony RIYADH: Bitcoin, the leading cryptocurrency internationally, traded higher on Sunday, rising 0.93% to $21,420.15 at 8:10 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,237.88, up 1.38%, according …

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Sensex down 674 points during the day, Nifty below 15,500

Benchmarks were trading more than 1% lower on Wednesday afternoon. The market started off on a weak note as investors remained cautious with Tuesday’s rebound faltering. The market extended losses, following signals from global markets, with benchmarks trading lower amid widespread selling. As of 1 p.m., the BSE Sensex traded …

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Global Inline Pumps Market Report, Growth Overview, In-Depth Research and Segment Analysis

The online pump market The research survey covers quantitative and qualitative analysis of each type to identify the driving forces behind the fastest growing type segment in the Inline Pump market. The Inline Pumps market competitive picture includes vendor details along with market potential, company overview, presence, Inline Pumps market …

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Stainless steel export duties will have long-term implications: Abhyuday Jindal, MD, Jindal Stainless

The imposition of a 15% export duty on steel and stainless steel will have “long-term implications” for Indian producers trying to expand their export bases, Abhyuday Jindal said, Managing Director of Jindal Stainless Ltd – the largest stainless steel manufacturer in the country. maker. According to him, the duty will …

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How Pharmaceutical Companies Fared in the Fourth Quarter

Pharmaceutical companies are slowly shedding Covid portfolios that have provided higher growth in all geographies and acted as a rising tide for all. As (Covid) revenues normalize and margin issues emerge, Q4-FY22 performance offers a diverging view from company to company. In this analysis, companies with a long-standing exposure to …

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Reliance Industries and Apollo Global Make Binding Offer to Acquire Boots

After months of negotiations, Apollo Global Management and Reliance Industries, owned by Mukesh Ambani, have finally made a firm offer to acquire the British chemist and drusgtore chain Boots. According to people in the know, Reliance has teamed up with Apollo and made a binding offer for the international pharmacy …

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3F to invest ₹123cr to establish chocolate factory in Hyderabad

Meta4 will produce electric vehicles and batteries in Telangana 3F Industries, which manufactures a range of edible fats, will set up an ‘export-grade’ bakery and chocolate factory in Hyderabad. The company will invest ₹123 crore to develop the upcoming facility in Banda Timmapur food processing industrial zone, according to Omprakash …

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Announcement of the list of speakers for the 2022 Star Refrigeration roadshow

2022 Star Refrigeration Tour We look forward to meeting delegates from various industries, including temperature-controlled logistics, HVAC, pharmaceutical, food, leisure and ice cream. GLASGOW, UK (PRWEB) June 06, 2022 The cooling and heating specialist presenters for the Star Refrigeration 2022 Roadshow have been announced. Star’s Roadshow will provide companies …

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A busy month in the pharmaceutical industry is coming up- POLITICO

— The Senate plans to increase the bill for user fees for June 8, in a busy month for your FDA reporters. — The FDA’s Twitter account balances memes with more serious tweets. The agency’s social media director tells us more about its content strategy. — Pfizer and BioNTech Complete …

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Why You Should Accumulate Torrent Pharma Shares

Torrent Pharma executed the domestic branding activities well and replicated the same in the Brazilian market. But the problem over the past two years has been the generic side of the business operating in the US and German markets with a 24% contribution to revenue. Efforts to expand into these …

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GMM Pfaudler to expand its glass manufacturing equipment manufacturing facility in Hyderabad

GMM Pfaudler announces an expansion plan for its Hyderabad plant, which manufactures enamelled reactors, tanks and columns for pharmaceutical and chemical companies in southern India. The company plans to expand its operations to provide manufacturing support to the group’s global operations and is investing an additional $3.7 million to increase …

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Line Counting (Pharmaceutical Equipment) Market Size and Forecast

New Jersey, United States – Counting Line Market (Pharmaceutical Equipment) The 2022-2029 report has been prepared based on an in-depth market analysis with input from industry experts. The Counting Line (Pharmaceutical Equipment) Market study sheds light on the significant growth momentum that is expected to prevail during the assessment period …

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Pfizer to seek approval of Covid vaccine for under-5s

Pfizer said it would seek emergency authorization in the United States for its Covid-19 vaccine for children under five after interim results from its clinical trial showed the vaccine to be safe and highly effective. The US drugmaker said on Monday that three doses of its children’s jab – each …

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Buy this pharma stock for high returns, company sales in India surge 137%: Motilal Oswal

Gland Pharma: target price, CMP and performance The current market price (CMP) of Gland Pharma is Rs. 3,096. Motilal Oswal has estimated a target price for the stock at Rs. 3,700. The stock is expected to yield a return of +20%, within 1 year. Stock market outlook Current market price …

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QIAGEN’s Greener Products Earn Prestigious ACT Label

HILDEN, Germany & GERMANTOWN, Maryland–(BUSINESS WIRE)–QIAGEN NV (NYSE: QGEN; Frankfurt Prime Standard: QIA) today announced that its recently launched, more environmentally friendly QIAwave Nucleic Acid Extraction Kits have been awarded the prestigious ACT Environmental Impact Factor label. from My Green Lab, a non-profit organization dedicated to advancing sustainability in scientific …

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Actions that will come into action on May 9, 2022

Punjab National Bank, Indian Bank, HDFC, ICICI Bank, Bank of Baroda, BoI, Central Bank of India and Canara Bank increased the retail prime rate. The banks’ move comes after a number of banks raised their benchmark external lending rates following a 0.40% increase in the repo rate – to which …

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3 unstoppable stocks to buy in May

Momentum is equal to mass multiplied by velocity. This is the formula used in physics. But it also applies, in a way, to investing. The greatest momentum is often found in large, fast-moving companies. These companies – and their actions – can be virtually unstoppable. We asked three Motley Fool …

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Sensex and Nifty end flat amid volatility

Benchmarks closed flat amid volatility on Thursday. The market opened on a positive note, tracking global indices and extended first-half gains amid broad-based buying. Volatility persisted in the second half, with indices giving up all gains to close flat, witnessing selling pressure across multiple counters. The BSE Sensex closed at …

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The next big digital revolution is happening in the pharmaceutical industry – Express Pharma

The Indian pharmaceutical industry offers huge opportunities for the automation sector. With globalization and competitive market demands, more and more companies are opening up to digitalization as it is used in many pharmaceutical processes, from drug discovery to manufacturing to packaging. Additionally, compliance with regulatory requirements opens up new opportunities …

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Kala Pharmaceuticals (KALA) May Report Negative Earnings: See the Trend Ahead of Q1 Release

Kala Pharmaceuticals (KALA) is expected to deliver higher year-over-year earnings on lower revenue when it reports results for the quarter ending March 2022. This widely known consensus outlook gives a good sense of the picture of the company’s earnings, but how the actual results compare to those estimates is a …

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Sensex down 617 points at close, Nifty ends below 17,000 amid weak global indices

Bears kept a grip on the market as benchmarks closed down more than 1% on Monday. The market saw a gap down open amid weak global indices. The indices extended their losses throughout the day, indicating widespread selling. The BSE Sensex closed at 56,579.89, down 617.26 points or 1.08%. It …

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Vizag port can become a gateway for Telangana

Visakhapatnam: Visakhapatnam port will be able to attract more traffic and serve as a gateway for Telangana if more logistics initiatives like a strong road network between Hyderabad-Visakhapatnam, in addition to the establishment of a dry port, can be taken in the years to come. Panel members attending the ‘BizzBuzz …

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LEO Pharma’s emission reduction targets validated by the Science Based Targets initiative

The validation confirms that LEO Pharma’s climate goals to reduce greenhouse gas emissions are in line with the Paris Agreement. BALLERUP, Denmark, April 21, 2022–(BUSINESS WIRE)–LEO Pharma is proud to announce the validation of its Scope 1 & 2 and Scope 3 targets by the Science Based Targets Initiative (SBTi)1. …

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“Ease of doing business shouldn’t mean reduced compliance”

FE conversations with Mukund Rajan on the ESG imperative – The session with Krishna Prasad Chigurupati from Granules India At a time when many countries around the world are facing an unprecedented energy crisis triggered in large part by the war in Ukraine, the case for a renewed approach to …

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Why Buy Ajanta Pharma Shares

Managing inflation alongside growth will be the priority for businesses over the medium term. Ajanta Pharma presents itself as a company with better pricing power compared to its peers due to its largely branded drug portfolio. The pace of product launches, which has driven multi-bagger returns over the past decade, …

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NOXXON announces the convening of an extraordinary general meeting of shareholders

BERLIN, April 14, 2022–(BUSINESS WIRE)–Regulatory news: NOXXON Pharma AG (Euronext Growth Paris: ALNOX) (Paris:ALNOX)a biotechnology company focused on improving cancer treatments by targeting the tumor microenvironment (TME), today announced that an extraordinary general meeting of shareholders (the EGM) of the company is convened at 1:30 p.m. CEST on May 16, …

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Cadila Pharma launches three-dose rabies vaccine

April 8: Cadila Pharmaceuticals Limited announced on Friday the development of a novel recombinant G-protein rabies nanoparticle vaccine. The vaccine, which will be launched across India later this month, is a three-dose vaccine administered as a 50 microgram dose on days 0, 3 and 7, unlike existing regimens which require …

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Everest Medicines Enters into a Memorandum of Understanding to Partner with China Resources Pharmaceutical Group for its mRNA Vaccines Business

China Resources Pharmaceutical Group (“CR Pharma”) Intends to Make Strategic Equity Investment for Everest’s mRNA Technology Platform Partnership with CR Pharma will provide local support to navigate China regulatory pathways through mRNA vaccine platform, first in advancing Everest’s potentially best-in-class COVID-19 vaccine candidate SHANGHAI, April 6, 2022 /PRNewswire/ — Everest …

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How startups are taking the lead in health tech development – ​​PharmaLive

By Adrien Chatillon – CEO and Founder of Actipulse Neurosciences There is no doubt that COVID-19 has irreversibly changed the healthcare industry, disrupting its earlier steady development. Health and safety protocols have evolved rapidly, adapting to new challenges and market demands. To cope with pandemic-related shortages, companies needed agile and …

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Eugene Melnyk: Billionaire, tireless worker and a taste for Hawaiian shirts and fun

Breadcrumb Links News Melnyk died on Monday, aged 62, from an undisclosed illness, and those who knew him find it hard to believe he is gone Eugene Melnyk in 2018. Photo by Tony Caldwell/Postmedia Files Content of the article Eugene Melnyk wanted to be a doctor. But his path took …

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Athira Pharma Highlights Strong Strategy Execution and Positioning for the Future

Athira Pharma, Inc. BOTHELL, Wash., March 30, 2022 (GLOBE NEWSWIRE) — Athira Pharma, Inc. (NASDAQ:ATHA), a late-stage clinical-stage biopharmaceutical company focused on developing small molecules to restore neuronal health and slow neurodegeneration, today issued the following statement in response to Richard Kayne’s statement: Athira’s Board of Directors and management team …

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Arbitration on the cards between Gennova and HDT on the mRNA vaccine

Even as Pune-based Gennova Biopharmaceuticals awaits a regulatory green light for the country’s first Covid mRNA vaccine, its parent company, Emcure Pharmaceuticals, is facing a trade secret lawsuit from US firm HDT Bio Corp. HDT claim In a lawsuit in strong terms in federal court in Washington, HDT alleged, “Emcure …

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EMA approves two new drugs – J&J’s BCMA CAR-T for multiple myeloma, AstraZeneca’s Evusheld – plus 5 label extensions

The European Medicines Agency’s CHMP on Friday advised two new drugs for approval, AstraZeneca’s Evusheld to help prevent Covid-19, and Johnson & Johnson’s new BCMA CAR-T fourth-line treatment for multiple myeloma. Approved in the United States about four weeks ago, J&J and Legend’s new drug, sold as Carvykti, will rival …

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BofA Reinstates Cover on Gland Pharma, Glenmark Lifesciences with ‘Buy’; “Neutral” on Divi

BofA Securities reinstated coverage of active Indian pharmaceutical companies and contract drugmakers, citing lower price risk and growing opportunities. It has a “buy” rating on Gland Pharma Ltd. and Glenmark Lifesciences Ltd. and a “neutral” call on Divi’s Laboratories Ltd., the brokerage said in its March 23 report. Although most …

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Sensex up more than 696 pts at close, Nifty breaks above 17,300 amid volatility

Benchmarks rebounded strongly from early losses to close more than 1% higher on Tuesday. The market opened on a subdued note amid weak global signals and fell further during the morning session amid concerns over rising crude oil prices. The indices closed higher, indicating buying activity on several counters. The …

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Forbes India – We love buying brands, especially in the OTC space: Nandini Piramal

Nandini Piramal, Executive Director, Piramal Enterprises Ltd OOver the past few years, Piramal Group has focused on creating consumer attraction for its brands and aims to generate revenue of Rs 1,000 crore in three years from its branded product division. consumption. In an exclusive chat with Storyboard18, Nandini Piramal, …

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Borosil Seeks to Accelerate Science Division Product Exports

Kolkata, March 13 Borosil Ltd is seeking to increase exports of products including laboratory glassware and pharmaceutical primary packaging items under its scientific products division, primarily to the US and European markets. According to the COO of the SIP division, Vinayak M Patankar, exports currently account for almost 12-13% of …

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India’s February fuel demand rises, but surge in crude could slow rise

India’s fuel consumption rose 5.4% in February from the same month last year, the biggest year-on-year jump since August 2021, but soaring oil prices could slow the recovery third largest oil importer and consumer in the world. Fuel consumption, an indicator of oil demand, totaled 17.57 million tonnes for the …

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Evonik increases its plant-based cholesterol treatment capacity

Evonik increased its supply of plant-derived cholesterol, one of the most critical components for making mRNA vaccines and uncomfortable therapies. Large-scale production of PhytoChol in Hanau, Germany will meet growing market demand for cholesterol. This lipid is one of the key excipients of lipid nanoparticles (LNPs) used in COVID-19 vaccines. …

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AstraZeneca boss has bonus frozen after investor row

AstraZeneca moves to appease shareholders over chief executive’s £14million pay by promising to freeze its bonus package for three years AstraZeneca under Pascal Soriot, played a key role in the global Covid vaccination effort Pharmaceutical giant suffered shareholder rebellion last year over boss’ rewards Angry investors dramatically increased potential bonus …

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Pharma prices, margin pressure likely to ease soon: industry captains

The pharmaceutical industry is optimistic that price and margin pressure in the US market will ease in the future. According to Ajay Piramal, President of the Piramal Group, although there has been pressure on margins, especially with the uncertainty regarding costs, some of the pressure on prices has been recovered …

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BridgeBio Pharma Inc (NASDAQ:BBIO) shareholders lost 88% as shares fell 12% last week

The art and science of stock market investing requires tolerance for losing money on some of the stocks you buy. But serious investors should think long and hard to avoid extreme losses. We wouldn’t blame Bridge Bio Pharma, Inc. (NASDAQ:BBIO) shareholders were still reeling after the stock plummeted like a …

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Why invest in Nippon India Pharma Fund

With inflation taking center stage in economic discussions between central banks and investors, now may be the time to increase allocations in defensive sectors such as pharmaceuticals. A passive way to actively play the sector is an allocation to sector funds investing in the pharmaceutical industry. As the sector tackles …

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Flexible and Scalable Assembly Solutions: How Automation Meets Manufacturing’s Most Pressing Challenges

Semi-automatic assembly line for medical devices. With stricter regulatory standards, shorter product life cycles and more competition than ever before, the medical device industry is changing at an unprecedented rate. New technologies, new markets and new patient requirements are emerging, as well as a growing demand for self-diagnosis and treatment …

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LaDuke: Pharma companies that brought the COVID vaccine also caused the opioid crisis – InForum

I have a love-hate relationship with the healthcare industry. I am grateful for my medical care, but truly appalled at the exponential growth in the industry. It looks like pretty much every old box building is being turned into a clinic, for diabetes, COVID or whatever. It is not an …

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Saudi pharma major Al-Dawaa sets IPO price range, begins building books

As SNB celebrates the fastest and most significant merger, some customers have struggled to find their way JEDDAH, DUBAI: It took only 15 months for National Commercial Bank and Samba Financial Group to complete the fastest and largest merger in Middle Eastern banking history. The new entity, Saudi National Bank, …

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