Kerala to Roll Out Electronic-Reporting Solution for Laboratory Tests by 2025: Health Minister Veena George December 13, 2024 Kerala's Health Minister, Veena George, announces an innovative electronic reporting system for lab tests, aiming to streamline diagnostics and improve healthcare transparency by 2025. The initiative will enable patients to receive test reports digitally, including primary test results in quantifiable formats.
Eight Roads Ventures & F-Prime Capital to Invest INR 120 Cr in Laurus Bio December 9, 2024 Eight Roads Ventures and F-Prime Capital, along with Laurus Labs, are set to invest INR 160 Cr in Laurus Bio to expand fermentation-based biomanufacturing capabilities. Laurus Labs retains a 75% stake.
India Eyes $1 Tn Pharmaceutical Industry by 2047, Strengthens Role as 'Pharmacy of the World' November 28, 2024 India’s pharmaceutical industry, valued at $55 billion, is set to grow to $1 trillion by 2047, fueled by exports, innovation, and affordability. Learn about its global impact.
IIT Hyderabad & Nikon India Launch Advanced Microscopy Centre of Excellence November 27, 2024 IIT Hyderabad and Nikon India launch India's first microscopy Centre of Excellence to advance research in biological systems, fostering innovation in cell biology and other disciplines.
OneSource Specialty Pharma Raises $95 Mn in Equity Funding November 26, 2024 OneSource Specialty Pharma raises $95 million from marquee investors, achieving a pre-money equity valuation of $1.65 billion. Key participants include HBM Healthcare Investments, WhiteOak Capital, and others.
Merck Life Science Partners with GeNext Genomics to Boost India's Biotech Ecosystem November 26, 2024 Merck Life Science in India signs an MoU with GeNext Genomics to enhance biomanufacturing capabilities, fostering innovation in India's biotech sector.
PCI Mandates ABHA Number Registration for Pharmacists November 25, 2024 PCI has issued a directive requiring all pharmacists who do not possess ABHA number to obtain one and complete their registration on the DIGI-PHARMed portal.
Kura Oncology Partners with Kyowa Kirin for AML Therapy Development November 22, 2024 Kura Oncology partners with Kyowa Kirin in a $1.161 billion agreement to advance ziftomenib for AML and other blood cancers. Phase III trials are set for 2025.
360 ONE Asset Invests in OneSource, Strengthens India’s Speciality Pharma Landscape November 22, 2024 360 ONE Asset acquires a stake in OneSource Specialty Pharma, boosting India’s specialty CDMO landscape with expertise in biologics, complex injectables, and drug-device combinations.
Pfizer India to Boost Manufacturing, R&D, Focus on ‘Made-in-India’ Products November 13, 2024 Pfizer is set to expand its manufacturing capabilities in India, with a strong focus on research and development and introducing more ‘Made-in-India’ products.
Hyderabad Pharma City Project Moves Ahead with Major Investments from Top Pharma Players November 7, 2024 Pharma City is set to welcome companies within the next year, according to IT Minister Sridhar Babu. This landmark development is poised to transform India's pharmaceutical landscape and drive industry growth.
Arun Swaminathan Takes Over as CEO of Coya Therapeutics November 5, 2024 Coya Therapeutics names Arun Swaminathan as its new CEO. Swaminathan aims to drive growth in Coya’s neurodegenerative treatment pipeline, focusing on diseases like ALS and Alzheimer's.