Cipla subsidiary InvaGen to acquire Avenue Therapeutics

2018-11-15 10:05:54

InvaGen has entered into definitive agreements with two closing stages for a proposed acquisition of Avenue Therapeutics for $35 millionBy Team ABLEInvaGen Pharmaceuticals Inc., a subsidiary of the leading global pharmaceutical company Cipla Limited, has entered into definitive agreements with two closing stages for a proposed acquisition of Avenue Therapeutics Inc., a Fortress Biotech company foc

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Vivek Ramaswamy’s Roivant Sciences raises $200 million, now valued at $7 billion

2018-11-15 10:04:34

The round brings the total of money raised from all sources to more than $3 billion. The financing gives Roivant a market value of about $7 billion. By Team ABLESoftBank-backed Roivant Sciences founded by Vivek Ramaswamy has raised another $200 million in equity financing. The new investors include NovaQuest Capital Management, RTW Investments, and other large institutional asset managers mak

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DBT announces application call for Tata Innovation Fellowship: 2018-19

2018-11-15 10:03:34

The scheme is aimed at rewarding interdisciplinary work where major emphasis is on innovation and translational research with a potential towards commercialization. By Team ABLEApplications are invited for “Tata Innovation Fellowship”, a highly competitive scheme instituted by the Department of Biotechnology, Ministry of Science & Technology, Govt. of India to recognize and reward sci

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Navakanta Bhat, Roop Mallik awarded 10th Infosys Science Foundation Prize

2018-11-14 08:59:08

Navakanta Bhat bagged the prize in the Engineering and Computer Science category for his work on biosensors and in the Life Sciences category Roop Mallik was awarded for his pioneering work on molecular motor proteins. By Team ABLEThe Infosys Science Foundation (ISF) celebrated its 10-year milestone and announced the winners of the Infosys Prize 2018 in six categories - Engineering and Comput

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IIT Roorkee professors find tamarind seed protein as a promising chikungunya antiviral agent

2018-11-14 07:12:02

Indian Institute of Technology Roorkee Professors Shailly Tomar and Pravindra Kumar from the Department of Biotechnology, have shown that a protein found in tamarind seeds has antiviral properties and can potentially be used to develop antiviral medication for chikungunya. Their findings have recently been published in the Elsevier journal, Virology.Alphaviruses cause mild to severe viral diseases

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C-CAMP, Singapore’s AUM Biosciences to co-develop anti-cancer drugs

2018-11-14 07:11:12

Under this collaboration, C-CAMP will provide AUM with access to ongoing oncology research and drug development in the Indian biotechnology arena through its existing networks.By Team ABLEThe Centre for Cellular and Molecular Platforms (C-CAMP) has signed an agreement with Singapore-based biotechnology company AUM Biosciences to strengthen its focus on the pre-clinical development of small-molecul

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India-UK Cancer Research Initiative for Affordable Approaches to Cancer launches on November 14th

2018-11-14 07:10:16

The India-UK Cancer Research Initiative will be launched at the Inaugural Researchers’ Summit, to be held in New Delhi from November 14th to November 16th, 2018. The summit will facilitate knowledge sharing and communication among scientists, researchers, epidemiologists, clinicians, public health professionals and industry in the field of oncology.By Team ABLEThe India-UK Cancer Research Initia

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BIRAC-IIT Kanpur to conduct IP & Tech Management in Life Sciences workshop on Dec 4th

2018-11-13 10:42:20

BIRAC in association with IIT Kanpur will conduct a workshop from 4th to 5th December 2018 at IIT Kanpur. The workshop is designed for start-ups and university community to learn about aspects and importance of intellectual property, technology transfer and commercialization process. The program will also involve a session on effective grant writing skills for the start-ups and research scholars.

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Union Minister Radha Mohan Singh felicitates architect of Green Revolution, Professor M. S. Swaminathan in Chennai

2018-11-13 10:40:52

Prof. Swaminathan has won many awards and recently won the World Agriculture Prize conferred by the Indian Council of Food and Agriculture (ICFA) for his research on genetics, cytogenetics, radiation and food and biodiversity conservation.By Team ABLEThe Union Minister of Agriculture and Farmers’ Welfare, Shri Radha Mohan Singh hailed the efforts of Prof. M. S. Swaminathan, the architect of Indi

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Biocon\'s Generic Formulations Facility in Bengaluru completes U.S. FDA Inspection with No 483 observations

2018-11-13 10:39:23

The US FDA audit concluded without any observations and no Form 483 was issued to Biocon.By Team ABLEBiocon’s spokesperson, on November 12th, has released a  press note informing that the U.S. FDA conducted a pre-approval inspection of the company’s new Oral Solid Dosage Forms manufacturing facility at Biocon Park/ Bengaluru/ from Nov 05-Nov 09/ 2018.The audit concluded without any observ

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