Merck to acquire Rigontec to escalate immuno-oncology business

2017-09-11 08:53:34

Merck, through a subsidiary, will make an upfront cash payment of €115 million to purchase RigontecBy Team ABLEMerck recently announced that it will acquire Rigontec. Rigontec is a pioneer in accessing the retinoic acid-inducible gene I (RIG-I) pathway, part of the innate immune system, as a novel and distinct approach in cancer immunotherapy to induce both immediate and long-term anti-tumor imm

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PATH bags $120 million investment grant from Bill & Melinda Gates Foundation

2017-09-11 08:52:44

PATH’s Center for Vaccine Innovation and Access has attracted top global talent and additional $120 million investment from the Bill & Melinda Gates FoundationBy Team ABLEBuilding on decades of innovation in vaccine development and immunization, PATH has received a $120 million grant from the Bill & Melinda Gates Foundation to further strengthen its PATH Center for Vaccine Innovation and

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Government is committed to further propagating Homoeopathy as a matter of policy: Union Minister of State Shripad Naik

2017-09-11 08:52:02

The Union Minister of State for AYUSH, Shripad Naik has said Homoeopathy being most efficacious and cost effective treatment of medicine, Government is committed for its further propagation as a matter of policy. By Team ABLEThe Union Minister of State (Independent Charge) for AYUSH, Shri Shripad Naik has said Homoeopathy being most efficacious and cost effective treatment of medicine, Government

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Piramal Pharma Solutions names John Fowler as CEO

2017-09-11 08:51:17

As Chief Operating Officer, John Fowler will be responsible for Piramal Pharma Solutions’ Global Operations and R&DBY TEAM ABLEPiramal Pharma Solutions (PPS), part of Piramal Enterprises Limited, has appointed John Fowler as its Chief Operating Officer. PPS is a leader in Integrated Contract Development and Manufacturing, with a global network of 12 development and manufacturing facilities a

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Biocon´s insulins facility in Malaysia Receives EU GMP Compliance Certificate

2017-09-08 00:46:58

Biocon gets EU GMP certificate for its insulins facility in MalaysiaBy Team ABLE“Biocon´s subsidiary in Malaysia, Biocon Sdn. Bhd, has been issued a Certificate of ´GMP Compliance´ for its Insulins manufacturing facility by the HPRA (Ireland) as the representative European inspection authority. The certificate of GMP compliance reflects that the agency considered the site to be in compliance

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OncoStem Diagnostics seals $6 million worth funds from Sequoia Capital

2017-09-07 06:40:13

OncoStem Diagnostics will deploy the funds in R&D By Team ABLEBengaluru-based personalized cancer treatment company OncoStem Diagnostics, founded by Manjiri Bakre, has raised $6 million from venture capital firm Sequoia Capital.OncoStem Diagnostics intends to use the funds to deepen its research and development efforts, develop effective tests for oral, brain and colon cancer, and automate the

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OrbiMed launches $551 million Asia Private Equity Fund for healthcare sector

2017-09-07 06:39:05

The Fund will target investments from $10 million to $75 million per company across 15 to 20 opportunities in China and India.By Team ABLENew York-based investment firm focused on the healthcare sector OrbiMed has announced the closing of its third Asia-focused private equity fund, OrbiMed Asia Partners III, LP, with approximately $551 million in capital commitments. Consistent with its predecesso

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OptiBiotix Health inks manufacturing agreement with Tata Chemicals

2017-09-07 06:37:02

The agreement grants Tata Chemicals a right to scale up and exclusively manufacture galacto-oligosaccharide produced by OptiBiotix By Team ABLEOptiBiotix Health plc, a life sciences business that develops products to tackle obesity, high cholesterol and diabetes, has entered into a scale up and manufacturing agreement with Tata Chemicals Limited (TCL). The agreement grants TCL a right to scale up

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Newly assigned Minister of State Ashwini Choubey inaugurates Symposium on Life after Spinal Cord Injury

2017-09-07 06:35:42

At the function, Minister of State for Health & Family Welfare Mr Ashwini Choubey said that there is a dire need for setting up more well equipped Spinal Cord Injury Centres in the country.By Team ABLEAshwini Kumar Choubey, Hon’ble Minister of State for Health & Family Welfare inaugurated the Symposium on ‘Life after Spinal Cord Injury’ on the occasion of World Spinal Cord Injury Day

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DBT organizes Seventh Review Meeting of Biotech Hub in Imphal

2017-09-07 06:31:53

The 7th Review Meeting of Biotech Hubs in North Eastern Region of India was organized by Department of Biotechnology in Association with Biotech Consortium India Limited & Manipur University at Imphal, Manipur from 30th – 31st August 2017BY Team ABLEManipur University (MU), Imphal and Biotech Consortium India Limited (BCIL), New Delhi hosted the 7th Annual Review cum Mentoring Meeting of the

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