Sunday May 28, 2023

Mayne Pharma’s U.S. Generic Prescription Product Portfolio Will Be Acquired by Dr. Reddy’s Laboratories

As per the press release it was announced, the generic prescription portfolio of Salisbury, Australia, based Mayne Pharma Group Limited, will be acquired by Dr. Reddy’s Laboratories, Inc. This is a wholly owned subsidiary of Dr. Reddy’s Laboratories Ltd., USA. The acquisition will add products with little competition to Dr. Reddy’s U.S. retail prescriptive pharmaceutical […]

Taparias’ eyecare business Famy Life tajen over by Viatris for Rs 2,460 crore

As per the press release, Taparia’s eyecare (ophthalmology) business division, Famy Life Sciences, will be purchased by Viatris Inc. (formerly Mylan Labs) for around $300 million in cash. According to a statement from the company, the Taparia family, who had previously controlled Famy Care Group, will keep expanding their non-ophthalmic business after the sale. After […]

FDA Approves Chiesi’s Lamzede® (velmanase alfa-tycv) for Alpha-Mannosidosis Treatement in USA

According to Biospace, the U.S. Food and Drug Administration (FDA) has authorized Lamzede® (velmanase alfa-tycv) for the management of alpha-mannosidosis (AM) in both adult and pediatric patients with non-central nervous system symptoms. This news was made public by Chiesi Global Rare Diseases, a division of Chiesi Farmaceutici S.p.A., a global healthcare group with a research-focused […]

Deepcell Releases Its Innovative Single Cell Morphology Data Sets for Public Research

Deepcell has recently announced to release of three large cell morphology data sets to permit scientists to examine unique high-dimensional morphology data. The data packages will be released at the Advances in Genome Biology and Technology (AGBT) General Meeting which will be held in Hollywood, Florida. Here the Deepcell will make all the new data […]

FSD Pharma’s Multiple Sclerosis Drug Candidate Lucid-21-302 (Lucid-MS) receives Regulatory Clearance for Phase-1 Clinical Trial in Canada

The proposed Phase 1 clinical study of LUCID-21-302 (Lucid-MS) by the Company has received a No Objection Letter (“NOL”) from Health Canada, according to FSD Pharma Inc. A unique therapeutic candidate for the treatment of multiple sclerosis is being developed by FSD Pharma, a biopharmaceutical firm committed to developing a portfolio of cutting-edge assets and […]

Healthcare Industry on Consolidation Spree

The healthcare sector offers a lot of promise for extended reality, a broad phrase that encompasses augmented reality, virtual reality, and mixed reality. AR and VR technology have the potential to significantly improve the healthcare sector, from assisting surgery to assisting telehealth applications. Due to investor interest in virtual care and digital health, as well […]

Four African Countries Hit by Rotavirus Vaccine Shortage

After disruptions at drugmaker GSK, African countries of Kenya, Tanzania, Senegal and Cameroon have run out of vaccines to prevent deadly rotavirus infection in children. According to the World health organization, approximately 200,000 children die each year due to rotavirus infections which are the leading cause of severe dehydrating gastroenteritis in children under the age […]

Vaccine And Anti-Viral Drug Manufacturers See A Surge In Share Prices Following WHO Declaring Monkeypox A Global Health Emergency

Monkeypox has been declared a global health emergency by the world health organization last week. Many health experts around the world have feared this virus for a long time now. According the Economic times, there have been more than 21000 cases worldwide in more than 80 countries so far. Furthermore, nearly 80 people have succumbed […]

Amazon is Making a New Push into Medical Services

Last week Amazon announced plans to buy One Life Healthcare which operates primary healthcare practice under the name of ‘One medical’ across major cities in the U.S. This is not Amazon’s first foray into medical space; in 2019 it launched Amazon care. Originally this was meant to be a service for Amazon employees in Washington […]

How The Food Delivery Industry is Grappling With The First Slowdown It Has Encountered

The last two years were really good for food delivery companies. The demand was high as people stayed home and revenues increased as more and more customers signed up. However, as the economy slows down and inflation soars, the best of times may be over for some delivery giants. According to market analysts, the total […]

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