CDSCO Approves India's 1st Living Drug '˜CAR'to Fight Cancer October 17, 2023 Marking a significant milestone in the countrys cancer care landscape, the Central Drugs Standard Control Organisation (CDSCO), has approved the first living drug called CAR (Chimeric Antigen Receptor) T-cell therapy.
Haystack Analytics & The LabExpert Collaborate to Introduce Genomics-Based Infectious Disease Test October 16, 2023 This innovative 'Made in India' proprietary technology harnesses advanced data analytics to enable rapid and precise detection of a broad spectrum of infectious diseases.
C-CAMP & SBI Foundation Unite to Tackle AMR Challenge in India October 16, 2023 The key aim of this collaboration is to establish a Center of Excellence (CoE) with a focus on AMR innovation. The CoE's primary goal is to furnish crucial support systems and frameworks to nurture, translate, and scale up indigenous deep science startups in the realm of AMR.
Venus Remedies Launches Elores Antibiotic in Ecuador to Tackle Rising Antibiotic Resistance October 16, 2023 This launch is an extension to the company's ongoing multidrug-resistant infections initiatives in countries such as Saudi Arabia, Myanmar, Oman, Tanzania, Ethiopia, and India.
Goa Govt Imposes ESMA on Pharma Sector to Avert Strikes October 12, 2023 By invoking ESMA, the government aims to guarantee the continuous availability of essential medicines and healthcare services while preventing political and union-related interference in the manufacturing sector, as articulated by industry bodies.
Cipla Stake Sale Plan Faces Indecision Amidst Valuation Disagreements October 10, 2023 The ongoing buzz surrounding the Cipla acquisition has taken a new turn, with promoters disagreements on the company's valuation figure.
Sai Life Sciences Teams Up with Dassault Systèmes' to Boost Drug Discovery Efforts October 9, 2023 Sai Life Sciences, a contract research, development, and manufacturing organisation has joined forces with Dassault Systèmes', a global leader in 3D design, engineering, and software solutions, to accelerate its drug discovery endeavours.
WiStride Launches its Intelligence-Powered B2B App October 9, 2023 WiStride, India's first-ever intelligence-powered integrated B2B platform for active pharmaceutical ingredients (APIs), intermediates and raw materials, has launched its digital platform.
Kotak Fund to Invest INR 1,600 Cr in Nimmagadda Prasad's API Biz October 9, 2023 India's Kotak Mahindra Group asset management arm, Kotak Strategic Situations Fund (KSSF) has planned to invest around INR 1,600 Cr in the recently acquired active pharmaceutical ingredients (API) business by Nimmagadda Prasad, from Viatris last week.
AstraZeneca India gets CDSCO Marketing Approval for Palivizumab, a Preventive Therapy for RSV October 4, 2023 AstraZeneca Pharma India, a leading biopharmaceutical company has received marketing approval from the Central Drugs Standard Control Organisation (CDSCO) to import and distribute €˜Palivizumab injection 100 mg/ml (r-DNA origin) in India.
Centre Approves INR 6,000 Cr Investment for Pharma & Medical Devices under PLI Scheme: Amit Shah October 3, 2023 This investment aims to foster the production of APIs and KSMs, essential components in drug and medical device manufacturing, as part of the government's holistic approach to cultivate a robust ecosystem for the domestic production of these vital healthcare components.
Pharma Czar Nimagadda aka 'Matrix' Prasad-Backed IQuest Enterprises Acquires Viatris' Indian API Biz October 3, 2023 IQuest Enterprises, a Hyderabad-based investment firm, promoted by Nimmagadda Prasad, has entered into a definitive agreement to acquire the active pharmaceutical ingredients (API) business of global pharmaceutical major Viatris in India.
Healthcare is undergoing a significant transformation, driven by advances in technology that are reshaping how we approach disease prediction, screening, and treatment.
As time progresses, we have witnessed the emergence of new and unknown diseases, making it clear that the pharmaceutical and biotech sectors must continuously adapt.
As healthcare becomes more advanced, there's an increasing demand for innovative technologies to drive improvements in drug discovery, clinical trials, personalized medicine, and more. The intersection of technology and healthcare has revolutionized the way drugs are developed, distributed, and administered.
AI & Machine Learning in Drug Discovery
One of the primary drivers of this evolution is the rise of artificial intelligence (AI) and machine learning (ML), which are dramatically reducing both the time and cost associated with drug discovery. These innovations are helping accelerate the development of new treatments, ensuring that medicines are delivered more effectively and in less time.
AI plays a key role in drug discovery, development, production, and distribution, helping create treatments that are as unique as the patients they serve.
Personalized Medicine & Pharma Innovations
As personalized medicine becomes the focus of modern healthcare, researchers are diving deeper into tailoring treatments to individual patients, moving away from the era of one-size-fits-all approaches. Personalized and precision medicine is a major trend in the industry. Genomic data is being integrated into pharma to develop better-targeted drugs, offering patients more effective treatments that are specifically designed for their individual needs.
The pharmaceutical and biotech industries are also embracing digital therapeutics, where technology is used to manage medical conditions and diseases through digital platforms.
Many biotech companies are now integrating cutting-edge technologiesin gene editing to develop new therapies aimed at treating a range of genetic disorders. These innovations are transforming the healthcare landscape and making previously unimaginable treatments a reality.
Digital Tools & Data Analytics
In terms of pharmaceutical innovations, digital tools, the Internet of Things (IoT), blockchain, and data analytics are all playing an important role in improving transparency, efficiency, and security within pharma supply chains. AI is optimizing logistics, reducing counterfeiting, and ensuring that drug quality is maintained throughout the distribution process.
Telemedicine & Digital Health Platforms
With the increasing role of digital platforms, pharmacies have evolved beyond traditional drug stores; now, online platforms are the main point of contact for patients seeking medications. This has resulted in a growing intersection between telemedicine and pharma, where medications are often prescribed based on digital consultations or AI-driven diagnostics.
This shift to digital health platforms is providing better access to biotech solutions, particularly in underserved areas where traditional healthcare infrastructure might be lacking. These platforms are making it easier for patients to access treatments and for healthcare providers to prescribe and manage them more effectively.
Transforming Clinical Trials with Digital Tech
The way clinical trials are conducted is also transforming thanks to digital technologies! Wearables and mobile apps are being used to collect real-time data from patients, allowing for more accurate monitoring of drug efficacy and patient health.
Virtual clinical trials, where patients can participate remotely, are making trials more accessible and efficient. This technology is not only streamlining the process but also broadening the scope of trials to include a wider range of participants.
Investment in PharmaTech
The rise of pharma-tech is driving increased investment in the sector. Venture capital is increasingly focusing on startups that integrate AI, robotics, and data analytics into biotech and pharmaceutical processes. This influx of capital is accelerating innovation and helping bring new therapies to market faster.
Technology is significantly shaping the future of the pharmaceutical and biotech sectors. From personalized medicine to digital therapeutics and virtual clinical trials, the ongoing evolution is making healthcare more efficient, accessible, and tailored to individual needs. As investments continue to pour into pharma-tech, we can expect even more breakthroughs and innovations that will continue to improve patient care around the world.