The entrepreneur is widely known for his aggressive pursuit of eternal youth through 'Project Blueprint,' an anti-aging program he claims costs him over Rs 17 crore annually.
The surge in China-listed biotech firms is further evidence that the mainland is becoming a center for global innovation
The site is expected to accelerate Amgen’s digital capabilities through artificial intelligence and data science to further advance its pipeline of medicines, while creating significant opportunities for local talent.
The BioSecure Act seeks to reduce US-China biotech ties, creating potential for India to become a biomanufacturing hub. However, India's biotech sector must overcome challenges in innovation, regulatory standards, and technology to attract businesses shifting from China.
Prakash’s comments come at a time when deep tech innovations in India are on the rise and are attracting investments from venture capital (VC) and private equity (PE) firms.
Loopworm, in a statement, said it plans to use the seed funding for talent acquisition, research and development (R&D) including building laboratories, and to launch its first factory in North Bengaluru for scaling up production.
"We can operate in the range of 30-40 percent growth, I can say that with reasonable confidence, given huge thrust on energy transition and climate action," said Pramod Chaudhari, Chairman, Praj Industries.
On Wednesday, a panel of FDA advisers unanimously recommended that the agency approve COVID-19 vaccinations from Moderna Inc and Pfizer Inc/BioNTech SE for millions of youngsters in the United States.
Modi also launched the biotech showcase portal, which parades 750 indigenous products and technologies from the biotech sector
The ideal time for a booster dose is six months after the second dose," Ella stated. ”The ideal time for a booster dose is six months after the second dose,” Ella stated. Bharat Biotech is also looking at nasal vaccine as a booster dose as its scaling up capacity is very easy when compared with Covaxin, he added.
There is a perceptible change in the Laurus Labs' management commentary in the last 18 months that points to growth sustenance for the medium term
Efforts to diversify will open up new opportunities for Laurus Labs and make it move towards a higher-margin trajectory
MEA Secretary (CPV&OIA) Sanjay Bhattacharyya said new emerging technologies, especially in ICT, consultancy, fin-tech, logistics, edutech, healthtech, biotech.
By resisting GM technology in farming, India risks falling behind the rest of the world on crop yields, shelf life
"These differentiated varieties promise to further benefit India's farmers and the potato processing industry as well as help in promoting potato exports. The agreement is initially for a period of five years and is extendable," ITC said in a statement.
Biotech company, Biocon will see two crucial inspections later this month and in early April. Company‘s manufacturing sites will come up for inspections by the European medicines agency later this month and next will be an inspection by the US FDA.
US President-elect Donald Trump on Wednesday said pharmaceutical companies are "getting away with murder" in the prices that they charge the government for medicines, and promised that would change.
In the open offer, Bayer will acquire up to 44,88,315 shares of Monsanto India Ltd from public shareholders at a price of Rs 2,481.60 apiece.
Cuba is "interested" in cooperation in some spheres of Indian economy, including renewable energy, biotech, pharmaceutical, information technology and software.
Speaking to CNBC-TV18, CT Renganathan, MD of the company said that new launches aided domestic growth. Both international business and biotech space have performed well in the Q3, he said.
While Indian firms have launched a few such products on the domestic market, where regulatory barriers are relatively low, they are being overtaken by European, American and South Korean firms in the race to supply lucrative Western markets.
While the M&A opportunities remain robust, especially when there are companies on the block with high level of leverage, enhanced interest by the private equity players remains a noteworthy point.
Drugmaker Shire said on Tuesday it was seeking to buy Baxalta a company spun-off by Baxter International last month, for USD 30 billion to forge the leading global specialist in rare diseases.
Companies from across the globe come together to pull in ideas and resources for sustainable and viable biotech innovations. It may sound technical, but CNBC-TV18 learnt that it is very relevant to our growing healthcare needs.
India's Agri-Biotech Cliff