Healthtech Startup Superceuticals Launches Instant Biochemical and Biophysical Analyser SC-AN 2.4 September 29, 2023 A standout feature is its capacity to generate instant reports, delivering results in just 10 minutes, thus ensuring rapid and efficient patient care. Driven by advanced technology, it surpasses traditional diagnostics by incorporating digital health records to elevate the overall patient experience.
Cipla is in Advanced Talks with Companies to Sell 60% Stake September 29, 2023 Following a series of collaborative efforts and funding preparation to acquire Cipla, the country's third-largest drugmaker has finally come to the field. It's now in discussion with two consortiums to sell a controlling 60% stake.
Cipla Joins Hands with Skye Air Mobility to Offer Drone-Powered Medicine Delivery in HP September 27, 2023 The primary goal is to ensure prompt delivery of medications to pharmacies and clinics in remote regions while minimising the potential risks associated with temperature fluctuations that could affect cold chain products.
IISER Bhopal Scientists Identify Key RNA in HIV-1 Multiplication September 27, 2023 Led by Dr Ajit Chande from the department of biological sciences at IISER Bhopal, the research underscores how ciTRAN facilitates the copying of genetic information from the virus, aiding the virus in multiplying more effectively.
Lilavati Hospital Ventures Into Pharmacy Biz, to Open 500 Stores within 5 Yrs September 27, 2023 Promoter of the Lilavati Hospital, has unveiled Lilavati Pharmacy in Ahmedabad. This move aligns with their objective of establishing a chain of Lilavati Pharmacy stores across the country.
Health Minister Mandaviya Launches National Policy on Research, Development & Innovation in the Pharma-MedTech Sector September 27, 2023 Dr Mandaviya highlighted that the scheme aims to make India a prominent and valuable contributor in the global pharmaceutical market. It intends to achieve this by ensuring high-quality, easy access, and affordable healthcare solutions.
Strides to Create Specialty Pharma Division '˜OneSource' to Generate $200 Mn Revenue in FY25 September 26, 2023 Bengaluru-based Stride Pharma has approved a scheme of arrangement to create OneSource, an independent speciality pharma contract development and manufacturing organisation (CDMO).
Biosergen, Alkem Collaborate to Develop an Anti-Infective for Severe Fungal Infections September 26, 2023 Norway-based Biosergen AB has partnered with Indian pharmaceutical firm Alkem Laboratories to co-develop and licence BSG005, an innovative polyene macrolide.
Eurofins Opens its Second BioPharma Campus in India at Hyderabad. September 26, 2023 Eurofins, the global leader in life testing services, has launched its advanced BioPharma Services Campus, in Genome Valley, Hyderabad.
Lupin Acquires 5 Brands From Menarini September 25, 2023 Global pharmaceutical giant Lupin Limited (Lupin) has entered into an agreement to acquire five legacy brands from Menarini (A. Menarini India Private Limited and A. Menarini AsiaPacific Holdings Pte. Ltd).
Indian CPG Company Nirma to Acquire Glenmark Life Sciences for INR 5,651 Cr September 25, 2023 Ahmedabad-based Nirma has agreed to acquire 75% of Glenmark's active pharmaceutical ingredient (API) unit Glenmark Life Sciences (GLS), with the deal valued at INR 5,651.5 Cr, or INR 615 per share.
Nitika Pharma Unveils Microcrystalline Cellulose Manufacturing Plant in Nagpur September 22, 2023 Maharashtra-based Nitika Pharmaceuticals Specialities, a manufacturer of excipients, has unveiled its microcrystalline cellulose (*Tabcell) manufacturing plant at Butibori, Nagpur.
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.