Biocon Q2FY18 revenues at Rs 1019 crore; Revenues from Operations grew 2% YoY

2017-10-28 01:57:15

Biocon reported total revenues of Rs 1019 crore for the quarter. EBITDA stood at Rs 233 crore; Net Profit at Rs 69 croreBy Team ABLELeading biotech company, Biocon Ltd  has announced its consolidated financial results for the fiscal second quarter ended on September 30, 2017. Commenting on the quarterly performance and highlights, Chairperson and Managing Director Kiran Mazumdar-Shaw stated:

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CDC recommends GSK’s Shingrix vaccine as the preferred vaccine for the prevention of shingles

2017-10-26 13:51:12

The US CDC Advisory Committee on Immunization Practices (ACIP) has voted in favor of three recommendations for the use of GSK’s ShingrixBy Team ABLEGlaxoSmithKline plc has announced that the US Centers for Disease Control and Prevention’s (CDC) Advisory Committee on Immunization Practices (ACIP) has voted in favor of three recommendations for the use of its Shingrix (Zoster Vaccine Recombinant

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Ministry of AYUSH hosts first meeting of BIMSTEC Task Force on Traditional Medicine at New Delhi

2017-10-26 13:45:49

Ministry of AYUSH hosted the first meeting of BIMSTEC Task Force on Traditional Medicine on 24-25 October, 2017 at Parvasi Bhartiya Kendra, New Delhi.By Team ABLEThe Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is an International Organization involving a group of countries in the South Asia and South East Asia namely, Bangladesh, India, Myanmar, Sri Lan

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GVK BIO launches eCule, India’s first mobile app for drug discovery solutions

2017-10-26 13:44:17

The mobile App can bring Biology and Chemistry services offered by India’s scientific pool of 2000 scientists under one roof. By Team ABLEContract Research & Development Organization, GVK BIO recently launched India’s first mobile App called ‘eCule’ for Drug Discovery services.The mobile App can bring Biology and Chemistry services offered by India’s scientific pool of 2000 scientist

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Andhra Pradesh MedTech Zone inducts into BRICS Working Group

2017-10-26 13:43:08

AMTZ says that the med tech zone has become the first medical technology agency to become a member of the BRICS Working Group from India. By Team ABLEThe Andhra Pradesh MedTech Zone (AMTZ) was recently made a part of the BRICS Working Group on Manufacturing from India. BRICS, which is an association of five major emerging national economies: Brazil, Russia, India, China and South Africa has seven

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Biocon ranked among top 10 global pharma & biotech employers

2017-10-26 13:41:50

Biocon continues to be the only Asian company in the Prestigious Science Careers Top 20 Employers List, since 2012.By Team ABLEBiocon Ltd, Asia’s premier biopharmaceuticals company, has been ranked at No. 9 in The Science Careers Top 20 Employers Survey 2017. It is the only Asian company in the prestigious list of global biotech and pharma companies. Biocon has been recognized for ‘being an in

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Genome India Project launched in North East India; Infosys’ Kris Gopalakrishnan commits Rs 225 crore for this initiative

2017-10-25 10:56:50

The mapping and understanding of the human genome in the north eastern region will have applications in understanding not only the genetic origins of different groups but would also lead to an understanding of the genetic disease burden By Team ABLENorth East India is not only amongst the top 10 biodiversity hotspots of India, it is also an interesting place to study human diversity. The people of

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Five new malaria vaccine targets discovered

2017-10-25 10:50:54

Wellcome Trust Sanger Institute scientists have discovered five new malaria vaccine targets that lead to reduction in the parasites ability to enter the red blood cells.By Team ABLEScientists have discovered five new malaria vaccine targets that lead to reduction in the parasites ability to enter the red blood cells.The finding, published in the journal Proceedings of the National Academy of Scien

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Care Innovations-PRA Health Sciences sign global partnership agreement

2017-10-25 10:50:14

The partnership will enable PRA to utilize the Care Innovations Health Harmony PlatformBy Team ABLEAs part of Care Innovations’ focus on expanding into adjacent markets, the company has announced its exclusive global partnership with global CRO company PRA Health Sciences. “We are excited about this strategic partnership,” said Randy Swanson, CEO of Care Innovations. “PRA is one of the mos

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Panacea Biotec’s Prasugrel tablets bags USFDA clearance

2017-10-25 10:49:34

Panacea Biotec has received final approval from the US Food and Drug Administration to launch generic Prasugrel tablets in the American marketBy Team ABLEDrug firm Panacea Biotec has received final approval from the US Food and Drug Administration to launch generic Prasugrel tablets, used for preventing blood clots in people with acute coronary syndrome, in the American market.The company is also

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