Industry chamber Ficci has urged the government to permit the import of pre-owned and refurbished high-end medical equipment. Previously facilitated with a no objection certificate, such imports have stalled since August 15 due to new registration requirements with the Central Drugs Standard Control Organization (CDSCO), which currently lacks provisions...
Devi Shetty sets his heart on UK’s Spire Healthcare
Narayana Health, led by Devi Shetty, is in advanced talks to acquire a controlling stake in Spire Healthcare Group amid a surge in the UK’s private healthcare demand. The Indian medical group aims to secure a 51-75% stake, potentially taking the company private, leveraging positive shareholder sentiments and global financing.
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Suraksha Diagnostic is doing well, peers doing even better
Kolkata-based Suraksha Diagnostic is launching an offer for sale worth ₹846 crore, giving partial exit to OrbiMed Asia and reducing promoter holding. The company operates primarily in West Bengal and plans to expand its services and markets. The IPO values it at 73.5 times its annualized FY25 earnings.
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Charitable hospitals to cover ESIC beneficiaries
Employees' State Insurance Corporation (ESIC) beneficiaries gain access to quality healthcare through the convergence with Ayushman Bharat-Pradhan Mantri Jan Arogya Yojana (AB-PMJAY). The initiative includes charitable hospitals and offers comprehensive care with no financial cap on treatment costs, benefiting over 14.43 crore ESI beneficiaries nationwide.
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Dr Reddy's launches drug for neck, head cancer
Dr Reddy's Laboratories launched toripalimab, an immune oncology drug for adults with a rare form of head and neck cancer, in India. This drug is for treating recurrent or metastatic nasopharyngeal carcinoma. It will be marketed under the name Zytorvi. Before this, the standard treatment was chemotherapy with gemcitabine and cisplatin.
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Why Japanese people don't get fat: 6 key lifestyle habits
Japanese people are known for their slim physiques and long lifespans. Their secret lies in a combination of healthy eating habits, portion control, and an active lifestyle. Here's why they rarely struggle with weight gain.
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Why you should be extra careful while taking Vitamin D; Doctors warn of severe complications like Kidney disease
Doctors warn against large vitamin D injections. They can harm bones and cause kidney stones. Monthly supplements are safer. Sunlight is the best source. Indians need more sun due to higher melanin levels. Pollution reduces sunlight's effectiveness. Eat vitamin D rich foods like fish and eggs. Office workers and those with certain health conditions...
Dr Reddy's launches immuno-oncology drug Toripalimab in India for treating nasopharyngeal carcinoma
Dr. Reddy's Laboratories launched Zytorvi (Toripalimab), a novel immunotherapy drug for recurrent or metastatic nasopharyngeal carcinoma (NPC), a rare head and neck cancer. This marks India as the third country globally with access to this next-gen PD-1 inhibitor, offering a superior treatment alternative to standard chemotherapy. Dr.
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Healthy ambitions: LIC eyeing ManipalCigna
LIC plans to buy half of ManipalCigna Health Insurance. The deal could be worth ₹4,000 crore. This move will let LIC enter the health insurance market. ManipalCigna is a joint venture between Manipal Group and Cigna Corporation. Both will reduce their stakes if the deal happens. LIC's managing director hinted at this acquisition during an earnings...
Abbott launches 14-valent pneumococcal vaccine for children in India
Abbott India launched PneumoShield 14, a pneumonia vaccine for children aged six weeks and older. This vaccine offers broader protection than existing vaccines by covering 14 pneumococcal strains, addressing infections like pneumonia and meningitis.
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Verlinvest leads race for minority stake in Eye Foundation
Verlinvest is poised to acquire a 20% stake in Eye Foundation for approximately $100 million, valuing the Indian eye hospital chain at Rs. 3,370 crore. This investment surpasses bids from other prominent investors and expands Verlinvest's growing healthcare portfolio in India.
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Zydus eyes M&A, licensing to build its US specialty business
Zydus Lifesciences is exploring mergers, acquisitions, and licensing to bolster its specialty portfolio in the US, particularly for the potential launch of its liver therapy drug. The company also aims to expand into medical devices, diagnostics, and nutrition businesses, focusing on profitable growth and a discovery-led approach by 2030.
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AstraZeneca Pharma gets CSDCO nod to import anti-cancer drug Lynparza
AstraZeneca Pharma India has received regulatory approval to import and distribute Lynparza (Olaparib) tablets in 100mg and 150mg doses. This approval allows the company to launch Lynparza in India for the maintenance treatment of advanced or recurrent endometrial cancer in adults who have not progressed following first-line treatment with Durvalumab...
SC to start hearing Covid-19 vaccine adverse effects case
The Supreme Court is hearing a case where two parents allege their daughters died from Covishield vaccine side effects. The government maintains the vaccination program was voluntary and safe, citing billions of doses administered. The parents argue the government misrepresented the vaccine's safety and seek compensation and an independent investigation.
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Lupin recalls over 6 lakh bottles of hypertension drug in US: USFDA
Lupin Pharmaceuticals is recalling over 600,000 bottles of Ramipril blood pressure medication in the US due to an unapproved ingredient supplier. Dr. Reddy's Laboratories is also recalling 3,416 bottles of ibuprofen tablets due to failed specifications. Both recalls are voluntary, with Lupin's classified as Class II (temporary or reversible health...
Healthcare access for all Indians by 2047: AI and health data have roles to play
India aims for universal healthcare access by 2047. A new report proposes a tiered system. This system uses data and AI. It categorizes the population by income. The goal is to improve government schemes and insurance. India needs more healthcare investment. The current system is costly and inefficient. Claim sizes and medical inflation are rising....
India's pharma sector registers strong Q2 FY25 growth, driven by North America market: Report
The major pharmaceutical companies of the country reported a 10 per cent year-on-year (YoY) growth in the second quarter of FY25, largely driven by strong performance in North America and the domestic market, according to a report by Axis Securities.
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Universal Health Coverage: Community health workers ‘the missing link’ say experts
Healthcare experts in Bengaluru are advocating for a strengthened community healthcare system in India to combat the rise of non-communicable diseases and achieve Universal Health Coverage. They propose training a dedicated cadre of community health workers to provide consistent monitoring and leverage technology for data collection and telemedicine,...
Aurobindo joins hands with global pharma player to develop respiratory products
Aurobindo Pharma's US subsidiary has partnered with a global pharmaceutical company to develop and sell respiratory products. The collaboration involves a shared cost of up to $90 million over three to five years, with both companies sharing marketing rights while the unnamed partner handles manufacturing.
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John Hopkins University and Ajit Isaac Foundation to establish 63-bed Palliative Care Centre in Tumkur
Johns Hopkins University and the Ajit Isaac Foundation partnered to establish palliative care centers in underserved areas of India. The collaboration will focus on training caregivers, developing curriculum, and offering mentorship to improve end-of-life care for terminally ill patients.
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Festivity and diabetes: a guide to healthy indulgences and guilt-free joy!
Diwali and the Indian wedding season, while joyous, pose a challenge for managing diabetes due to the abundance of sweets. High sugar intake during these celebrations can lead to health complications, especially for India's large diabetic population. The article provides tips for a healthy festive season, including choosing healthier alternatives,...
360 ONE Asset acquires stake in OneSource Specialty Pharma
360 ONE Asset has acquired a stake in OneSource Specialty Pharma, a Contract Development and Manufacturing Organization (CDMO), for an undisclosed amount. The investment will support OneSource's innovation and global expansion plans. OneSource recently raised $95 million from other investors and is preparing to list its shares on stock exchanges.
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How long sitting hours harm your health and how to avoid it
Incorporating movement and ergonomic adjustments into your routine can counteract the harmful effects of sitting. Small, consistent changes can significantly improve your overall well-being.
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About 18% of deaths in 2019 attributable to air pollution: ICMR study
A report by India's leading health research body found that air pollution caused 1.7 million deaths in 2019. This represents 18% of all deaths in the country that year. The primary cause of death was chronic obstructive pulmonary disease (COPD). The study identified industrial emissions, vehicular exhaust, and the burning of solid fuels as major contributors...
Project SPECS of WHO will soon be implemented in Assam
The World Health Organization (WHO) is partnering with Sri Sankaradeva Nethralaya (SSDN) to launch the SPECS project in Assam, India. This pilot program aims to provide comprehensive eye care services, focusing on refractive errors, in three districts. The initiative will leverage SSDN's community-based approach and serve as a model for WHO's global...
Wockhardt chairman seeks GST exemption for antibiotics discovered in India
Wockhardt founder sought GST exemption for antibiotics discovered in India. He said this will make the drugs more affordable. The statement was made at an event to celebrate the scientific completion of the first indigenously developed antibiotic Nafithromycin. Nafithromycin is the first macrolide antibiotic in 30 years for community-acquired bacterial...
High pollution may boost demand for respiratory drugs
"The respiratory market shows the normal seasonal trend for the anti-asthma and cough and cold segment," said Sheetal Sapale, VP, commercial, Pharmarack. "There were fewer reported cases in October 2024 compared to October 2023, hence there is de-growth in the market. The market peaks in December and January and then gradually subsides as winter loses...
Covid shots: Parents seek vaccine courts to ensure 'swift' justice
Parents of children who allegedly died from COVID-19 vaccine side effects are demanding justice and transparency in public health policies. They are calling for faster legal proceedings and a revamped system for reporting adverse events following immunization.
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Tired eyes? Try these 7 yoga poses for better vision naturally
These yoga asanas can help relax the eyes, strengthen eye muscles, and improve vision naturally. Regular practice, combined with a healthy lifestyle, can yield lasting benefits.
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Glenmark to focus on becoming branded company, says Glenn Saldanha
Glenmark Pharmaceuticals, having navigated recent challenges, is shifting its focus to branded products for higher profit margins. The company, aiming for a 12%-15% growth rate, divested its active pharmaceutical ingredient business to concentrate on branded pharmaceuticals, particularly in respiratory, dermatology, and oncology.
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Biocon Biologics looks to trim $300 million debt in 1 year
Biocon Biologics plans to reduce its acquisition debt by $300 million over the next year. The company recently refinanced $1.1 billion in debt, providing more financial flexibility. Biocon aims to capitalize on the growing insulin market, with plans to double its insulin production capacity in Malaysia.
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Supreme Court asks Zydus Lifesciences to approach Delhi HC over ban on selling breast cancer drug Sigrima
The Supreme Court has instructed Zydus Lifesciences to approach the Delhi High Court. Zydus is seeking relief from an order that prevents the sale of its breast cancer drug, Sigrima. Swiss pharmaceutical giant, Roche, alleges that Sigrima is similar to its own cancer drug. Roche requested the court to prohibit Zydus from selling Sigrima.
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Morning walks in high pollution: Safe or risky? How to stay active safely
While morning walks are often associated with numerous health benefits, they may not be safe during periods of high air pollution. By adapting your routine and staying informed about air quality, you can maintain an active lifestyle without risking your well-being.
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Dr Reddy's, FDC recall products in US for manufacturing issues
Dr Reddy's Laboratories and FDC Ltd issued voluntary recalls for medications in the US market due to manufacturing defects. Dr Reddy's recalled lots of Morphine Sulfate extended-release tablets due to failed impurity specifications, while FDC Ltd recalled Timolol Maleate ophthalmic solution due to defective containers hindering solution dispensing.
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Menopause is hot: How celebrities and startups are transforming women's health
Menopause is having a moment, with celebrities and entrepreneurs capitalizing on the growing global market for menopause-related products and services. Indian women are also seeking solutions, leading to a surge in femtech startups offering everything from supplements and digital platforms to community support, aiming to break the taboo surrounding...
Telangana secures over Rs 36,000 crore in life sciences investments, genome valley leads the way
Telangana's Genome Valley is attracting substantial investments in life sciences. Over Rs. 36,000 crore was invested in the past year. This resulted in over 140 new projects. These projects include pharmaceutical manufacturing, R&D centers, and vaccine production. International companies are partnering with Indian businesses. The government expects...
6 health benefits of drinking black coffee without sugar every day
Black coffee is a simple, calorie-free beverage with numerous health advantages. By skipping sugar, it becomes a powerhouse of nutrients and compounds that promote overall wellness. Here are six key benefits of drinking black coffee without sugar:
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Diabetes too serious to be left to medical professionals only: Jitendra Singh
India is tackling its diabetes epidemic head-on. At the 52nd Annual Conference of the Research Society for the Study of Diabetes in India, experts stressed the need for public-private partnerships to address the disease affecting over 10 crore Indians.
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7 surprising ways to use tea beyond drinking you didn't know about
Discover 7 surprising ways to use tea beyond just drinking! From reducing puffy eyes and fighting dandruff to deodorizing your home and repelling pests, these creative tea hacks will transform your routine.
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India has the highest number of diabetic people in the world, even more than China: Report
A new study reveals that over 800 million adults worldwide have diabetes. India leads the world with 212 million cases, followed by China with 148 million. The US has 42 million cases. The global diabetes rate has doubled since 1990. The study used data from over 140 million people across more than 1,000 studies.
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US-based AptarGroup breaks ground for new pharma plant in Taloja, near Mumbai
AptarGroup held a groundbreaking ceremony for a new pharmaceutical plant in Taloja, India. The facility expands AptarGroup's presence in the region. The plant will produce pressurized metered dose inhaler valves, breath-actuated devices, and single-dose nasal sprays. The company is exploring acquisitions to expand its drug delivery offerings.
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Pharma market sees 6.1% growth in October despite subdued volumes
Amongst the top 10 therapies that contribute to more than 90% of the Indian pharma market, price drove growth in the cardiac segment. The anti-hypertensives, which account for almost 50% of the cardiac segment, is experiencing stagnated volume growth. Lipid-lowering drugs and platelet aggregation inhibitors have shown a relatively higher growth to...
Neem or curry leaves for healthier hair: Which works better?
Neem and curry leaves are popular natural ingredients for hair care, each offering unique benefits. Neem is known for its powerful antifungal and antibacterial properties, while curry leaves are rich in nutrients that strengthen and promote hair growth. Here’s a comparison to help you decide which might be better for your hair needs.
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Diabetes and heart health: Acting early
Type 2 diabetes significantly elevates the risk of heart disease, making individuals more susceptible to heart attacks, strokes, and heart failure. Early management is crucial, focusing on blood sugar control, blood pressure and cholesterol management, weight loss, and lifestyle modifications. This proactive approach can provide long-term heart health...
Alembic Pharmaceuticals gets USFDA nod for generic hypertension treatment capsules
Alembic Pharmaceuticals Ltd has secured final approval from the USFDA for its generic Diltiazem Hydrochloride extended-release capsules. These capsules, available in strengths of 120 mg to 360 mg, are designed to treat hypertension and manage angina. This approval grants Alembic access to an estimated market valued at USD 105.3 million annually.
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TA Associates to acquire majority stake in Vee Healthtek for $250 m
US private equity firm TA Associates is set to acquire a majority stake in Vee Healthtek, an Indian revenue cycle management firm, for $250 million. The deal marks TA's entry into India's RCM market and its second investment in the country's healthcare IT sector.
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Medical devices industry welcomes government's Rs 500-crore scheme
India's medical device industry is celebrating a new ₹500 crore government scheme designed to boost domestic manufacturing and reduce reliance on imports. The scheme will fund key initiatives such as manufacturing essential components, developing shared infrastructure, and supporting clinical studies, ultimately aiming to position India as a global...
Hashimoto's disease explained: Arjun Kapoor's battle, symptoms, and risks
Arjun Kapoor opens up about his struggle with Hashimoto’s disease, an autoimmune disorder affecting the thyroid. This slideshow explores the symptoms, risk factors, and what the condition entails for Kapoor.
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Which weight loss method is most effective: Fasting, early eating, or fewer meals?
This research compares three popular weight-loss methods: intermittent fasting, eating earlier in the day, and consuming fewer meals. All methods show similar results, so choose the one that fits your lifestyle.
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Labour Ministry enters into MoU with Cygnus Ujala to enhance employability in the healthcare sector
The Ministry of Labour and Employment has partnered with Cygnus Ujala to boost healthcare job opportunities on the National Career Service (NCS) portal. This collaboration aims to add 25 lakh vacancies, focusing on Tier II and Tier III cities, with an emphasis on women's employment.
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NPPA asks companies to cut prices of three cancer drugs post tax relief
In a move aimed at providing relief to cancer patients, the National Pharmaceutical Pricing Authority (NPPA) has directed drug manufacturers to reduce the maximum retail price (MRP) of three crucial cancer drugs. This directive follows the government's decision to exempt Trastuzumab Deruxtecan, Osimertinib, and Durvalumab from Customs duty and reduce...
Medanta enters O&M for 750 bed super specialty hospital in New Delhi; to invest Rs 600 crore
Global Health, the company behind Medanta hospitals, has partnered with Dr. Narayan Dutt Shirmali Foundation to manage a new 750-bed super specialty hospital in Pitampura, New Delhi. The hospital, expected to open in four years, represents a Rs. 600 crore investment for Medanta and will offer a wide range of specialized medical services.
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OmniActive Health acquires botanical ingredients company ENovate Biolife
OmniActive Health Technologies, a Mumbai-based nutraceutical company, has acquired ENovate Biolife, a developer of botanical ingredients. This acquisition, funded through internal accruals, marks OmniActive's second strategic expansion. OmniActive aims to double its revenue to ₹2,000 crores within the next 5 to 6 years.
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Health groups raise concerns over patents for rare disease drugs
Health groups and patient advocates are raising concerns over patent monopolies on rare disease drugs in India. They argue that these monopolies, like the one held by Roche for the spinal muscular atrophy drug Risdiplam, restrict access to affordable medication.
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Venus Remedies gets GMP approval for pre-filled syringe facility
Indian pharmaceutical company Venus Remedies received a significant approval from the Malaysian authorities. The company's Baddi facility, equipped with advanced robotic technology, met the stringent quality standards for producing pre-filled syringes. This recognition paves the way for Venus Remedies to expand its global presence and provide critical...
CDSCO may regulate health supplements to stem unapproved claims by firms
A government panel in India is proposing stricter regulations on health claims made by supplement manufacturers. The panel suggests shifting control from the food safety authority to the drug regulator, aiming to curb exaggerated claims related to disease treatment or risk reduction.
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US firm Alkomex to expand R&D footprint in India
Global pharmaceutical company Alkomex GBN is expanding its research and development operations into India. The company has appointed nutraceuticals expert Dr. Sanjay Agrawal as Scientific Advisor to lead these efforts. Based in Ahmedabad, Dr. Agrawal will oversee research and strategic initiatives, integrating Indian research into Alkomex's global...
FSSAI sets stricter rule for antibiotics in food items
"If enforced strictly, the regulations will ensure safer food products for consumers by setting stricter residue and contaminant limits across a variety of food items and help in dealing with antimicrobial resistance," said George Cheriyan, working president of Consumers Protection Association (CPA). The FSSAI has also prohibited the use of antibiotics...
Dr Reddy's recalls over 3.3 lakh bottles of generic medication in US: USFDA
Dr Reddy's Laboratories is recalling over 3.3 lakh bottles of Cinacalcet tablets in the US due to manufacturing issues. The recall is due to the presence of an impurity above FDA limits. The recall affects 30 mg, 60 mg, and 90 mg strengths, with the affected lot produced in India. The recall was initiated on October 9, 2023.
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Apollo Hospitals announces Rs 1,625 crore expansion in Mumbai and Lucknow
Apollo Hospitals announces a major expansion plan in Mumbai and Lucknow with a total investment of Rs 1625 crore over the next four years. The expansion, involving a 500-bed facility in Worli and a 200-bed extension in Lucknow, will be funded through internal accruals and debt financing.
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From fish to seeds: 5 excellent sources of Omega-3 fats for a healthier diet
Omega-3 fatty acids are essential fats that play a crucial role in maintaining heart health, supporting brain function, and reducing inflammation. While fatty fish are well-known sources, there are several other foods you can include in your diet to ensure you’re getting enough omega-3s. Here are five excellent sources to consider:
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Suven, Cohance aim to double combined business revenue to Rs 6,000 cr by FY29
Suven Pharmaceuticals and Cohance Lifesciences plan to merge and aim to double their revenue to Rs 6,000 crore by FY29 through organic and inorganic growth. The merger has received NSE and BSE approvals, with a shareholders meeting scheduled for November 28, 2024. The combined entity will focus on pharma CDMO, specialty chemicals CDMO, and APIs.
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