Economic Survey of India 2017-18 has a chapter on \"Transforming Science and Technology in India\"

2018-01-30 09:39:11

Prof. K. VijayRaghavan, DBT secretary tweeted that The Economic Survey has a detailed section on science which is quite remarkable. The chapter mentions that about three-fifths of the public investment is spread over the key government science funding agencies like At omic Energy, Space, Earth Sciences, Science and Technology and Biotechnology. Given the country’s severe health challenges, the l

Read more

Sanofi to acquire Belgian biotech firm Ablynx for USD 4.8 billion

2018-01-30 08:34:08

By acquiring Ablynx, Sanofi will be expanding its portfolio of drugs in rare blood disorders. By Team ABLEFrance’s Sanofi has announced that the company has reached a deal to acquire Belgian biotech firm Ablynx that values the firm at USD 4.8 billion, beating out Danish rival Novo Nordisk for the nano-drug maker.Novo Nordisk earlier this month made a 2.6-billion-euro offer to buy the firm that i

Read more

Mylan, Biocon receive positive CHMP opinion for Semglee

2018-01-30 08:33:17

Mylan and Biocon have received European Medicines Agency\'s positive opinion, recommending approval of Semglee, insulin glargine, a long-acting insulin analog used in the treatment of diabetes mellitusBy Team ABLEGlobal biopharmaceutical companies, Mylan N.V. and Biocon Ltd. have announced that the European Medicines Agency\'s Committee for Medicinal Products for Human Use (CHMP) has issued a posi

Read more

Cipla, Strides Shasun ship generic versions of Gilead Sciences’ HIV drug Viread

2018-01-30 08:32:32

Indian pharmaceutical companies, Cipla and Strides Shasun have started shipping generic versions of Gilead Sciences’ HIV drug Viread after its patent protection expired last week.By Team ABLEIndian pharmaceutical companies, Cipla and Strides Shasun have started shipping generic versions of Gilead Sciences’ HIV drug Viread after its patent protection expired last week.Cipla said that it has rec

Read more

Ratan Tata invests in medtech startup Axio

2018-01-30 08:31:40

Axio Biosolutions raises $7.4mn in Series B round from Ratan Tata’s RNT Capital along with existing investors Accel Partners and IDG Ventures India. By Team ABLEAxio Biosolutions, the first Indian company to launch an emergency haemostat for trauma care, has raised $7.4 million in a Series B funding round led by Ratan Tata’s RNT Capital along with existing investors Accel Partners and IDG Vent

Read more

Biocon clocks Rs 1092 crore in Q3FY18 revenue

2018-01-29 08:14:53

In this quarter, Biocon has accomplished a major milestone of obtaining USFDA approval for biosimilar Trastuzumab partnered with Mylan; and another highlight was the new strategic partnership with SandozBy Team ABLEAsia\'s premier biopharmaceuticals company Biocon Ltd has announced its consolidated financial results for the fiscal third quarter ended on December 31st, 2017.Commenting on the highli

Read more

President launches countrywide Pulse Polio Program for 2018

2018-01-29 07:10:11

More than 17 crore children of less than five years across the country will be given polio drops as part of the drive of Government of India to sustain polio eradication from the country.By Team ABLEThe Hon. President of India, Mr Ram Nath Kovind, launched the Pulse Polio programme for 2018 by administering polio drops to children less than five years old, at the Rahstrapati Bhawan, in the presenc

Read more

India-made Bharat Biotech’s Rotavirus Vaccine secures World Health Organization’s prequalification grant

2018-01-29 05:53:50

WHO has granted prequalification to Bharat Biotech’s ROTAVAC vaccine. This vaccine is noted to be the world’s first Made-in-India rotavirus vaccine. By Team ABLEBharat Biotech has announced that the World Health Organization (WHO Geneva) has awarded prequalification to the developing world’s first rotavirus vaccine, ROTAVAC. WHO Prequalification is necessary for UN agencies and Gavi, the Vac

Read more

Prof Dinabandhu Sahoo, IBSD Director bestowed with Honoris Causa by Kalinga Institute

2018-01-29 05:52:12

The award has been granted for his scientific achievements and contributions in the field of bioresources and sustainable development.By Team ABLEProf Dinabandhu Sahoo, Director of Institute of Bioresources and Sustainable Development (IBSD), a National Institute of Department of Biotechnology, Government of India, has been conferred the Doctor of Science (D.Sc.) Honoris Causa by Kalinga Institute

Read more

Indian scientists achieve breakthrough in modifying banana genome using CRISPR

2018-01-25 21:32:57

A group of Indian researchers at the National Agri-Food Biotechnology Institute, Mohali, have used latest gene editing techniques to modify the banana genome, for the first time.By Team ABLEA group of Indian researchers at the National Agri-Food Biotechnology Institute, Mohali, have used latest gene editing techniques to modify the banana genome, for the first time.Banana is the fourth most import

Read more