Evolva to step up distribution of healthy diet ingredient Resveratrol in Europe

2016-08-01 09:19:30

A 21st century’s special brewer, Evolva, based in India and Europe, has teamed up with Cornelius Group, to market it's wellness ingredient, Resveratrol, in Europe. By Team ABLEOne of Evolva’s latest ingredient, Resveratrol, consumed as a dietary supplement to improve oral health, heart condition, blood sugar control will reach more consumers now through the arrangement with one of Europe’s h

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Shanghai’s Fosun buys 86% stake in Gland Pharma for $1.26 billion

2016-08-01 09:07:27

Chinese health care provider Shanghai Fosun Pharmaceutical Co Ltd has signed a definitive agreement to own 86 percent stake in Hyderabad-based generic injectable pharmaceutical products company Gland Pharma Limited. Fosun will pay approximately Rs 8400 crore ($1.26 billion) to own 86 percent stake in Gland.

Based on th

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Pennsylvania approves use of interchangeable biologic medicines

2016-07-29 09:27:07

Biosimilar manufacturers have got a boost with Pennsylvania  too approving  the use of interchangeable biologic medicines  in the stateTeam ABLEThe Biotechnology Innovation Organization (BIO) welcome the approval given to Senate Bill 514 by Pennsylvania Governor, Mr Tom Wolf,  in the last week of July 2016 that creates the pathway for the substitution of interchangeable biologi

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Bio Diversity Act implementation to become more simple and people-friendly

2016-07-29 08:41:04

The government is keen to ensure that the implementation of the provisions of the Biological  Diversity Act (BDA), 2002 is smooth and does not impede the commercial use of India’s rich biodiversity.By Narayanan Suresh“We are not saying that there should be no commercial utilization of India’s rich biodiversity. We are going to make the implementation of the BDA easy, and people and busi

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Karnataka to give grants for innovative biotech ideas to develop proof-of-concept

2016-07-26 08:45:41

Karnataka has unveiled a “start-up booster kit” and the new IT-BT minister will meet 45 technology start-ups on August 16 in Bangalore to listen to their suggestions and grievances on further boosting the start-up ecosystem in the state.By Team ABLEThe government of Karnataka has allotted Rs 15 crore start-up booster kit to provide a range of technology services required by new companies. The

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There is a lot to Biotechnology careers beyond lab work

2016-07-25 09:47:01

By Shoba CherianAfter graduation / post graduation in biotechnology, what next? Is there a job market? Will I find a dream job are some of the questions biotechnology students are grappling with today. Towards that I am writing this article to help students know how to look for those opportunities, what are the career options available and how to hunt those jobs based on a lot of articles I have r

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Serum Institute to invest Rs 2,000 crore in new vaccine facility

2016-07-25 07:42:20

World’s leading vaccine manufacturer, Pune-based Serum Institute of India has started building a new manufacturing plant to supply adult vaccines to developed countries and increase annual capacity by 500 million doses.By Narayanan SureshSerum Institute is setting up a fresh Rs 2,000 crore adult vaccine manufacturing facility at the new biotech SEZ (special economic zone), a few kilometers from

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Advanced Enzyme IPO well received

2016-07-25 06:58:43

Another IPO from the biotechnology sector, after Syngene, has received good response from investor with Advanced Enzyme receiving oversubscription by about 5 % on the closing dayBy Team eN-ABLEMumabi-based industrial enzymes’ company, Advanced Enzyme Technologies, has received good investor response for its Rs 400 crore initial public offer (IPO) in the Indian market. The  issue  opene

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“ Voice for BT” contest starts on Aug 2 in Mumbai

2016-07-22 11:43:22

The popular national inter-collegiate public-speaking contest on biotechnology, “Voice for BT”,  organized by industrial biotech major, Novozymes South Asia, with ABLE as the Knowledge Partner is back with the 2016 edition.

By Narayanan Suresh

The 2016 season of Voice for BT kicks off in the West Zone on 2nd August

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Biocon registers 17% growth in Q1 Net Profit

2016-07-22 10:23:17

In the June quarter of 2016, India’s leading biotech company, Biocon has recorded 11% growth in revenues to Rs 952 Crore, and the Net Profit went  up by 17% at Rs 147 crore 

Asia's leading biopharmaceuticals company, Biocon Ltd, registered strong performance in Q1 FY17. Biocon recorded 11 percent growth over that in Q1 FY16 to end the firs

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