The company is working on growth levers, such as expanding biologics manufacturing in Bengaluru, investing in clinical capabilities for peptides, and foraying into clinical trials opportunity.
Researchers used GPT-3.5 and GPT-4, trying three ways to guide the model. The most effective version, GPT-4, gave more accurate results but took slightly more time and cost.
So far it has supplied the compound to 30 patients for compassionate use with range of life-threatening infections
Ram Vishwakarma, the advisor to the CSIR Director General, said Colchicine in combination with standard care will be an important therapeutic intervention for COVID-19 patients with cardiac co-morbidities and also for reducing pro-inflammatory cytokines, leading to faster recovery.
At Rs 990/sachet, the final outcome seems far from what was promised in an official statement in May, when the company said price would be determined “with a view to making it accessible and affordable to as many patients as possible".
According to one analysis, nearly 6,000 trials registered on ClinicalTrials.gov were stopped between Jan. 1 and May 31, roughly twice as many compared with non-pandemic times.
Right now, Serum Institute of India and Cadila Healthcare are trying to develop a COVID-19 vaccine. Although they are in the pre-clinical stage, human trials will be conducted eventually.
The decision comes in the wake of the drug regulator finding certain discrepancies at the clinical trial site linked to a phase two clinical trial of Glenmark’s osteoarthritis pain drug.
The set of rules, tabled by the Union health ministry, also recommended doing away with local clinical trials for drugs which have a record of not affecting patients severely, according to Mint.
The new policy expected to be unveiled in a month includes single clearance for clinical trials and is more transparent.
REAN Cloud (“REAN”), a
Speaking to CNBC-TV18, Venkat Jasti, chairman and chief executive officer, Suven Life Sciences, says the company expects three compounds to go into phase I in FY15 and lower research and development expenses in H2FY14 vis a vis H1FY14.
US pharma major Merck (MSD) dropped India from its list of priority markets. Other top multinational pharma companies have also sounded warning bells about India's IPR regime.
Bad regulations and price control are stifling pharma, but innovation in health care is blossoming with government support
"Various South-East Asian countries namely Cambodia, Korea, the Philippines, Singapore, Thailand, Vietnam and others are wooing India's R&D industry by offering sops and transparent regulations," the survey said.
After over 2,242 deaths during clinical drug trials in last five years, the government plans to regulate the USD 500 million sector by bringing changes in drug laws, to make lapses by pharma MNCs a punishable offence and enhance compensation among other steps.
Andhra Pradesh health minister DL Ravindra Reddy said that there is no evidence to prove the participation of GVK Bio Sciences and the investigations are being carried on to punish the guilty.