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Home  Business

Business

India should aim for patent box regime: Industry

India should aim for patent box regime: Industry

  • ‘Regulatory harmonisation critical to enhance pharma innovation, compliance’

    Hyderabad: India needs diplomatic channels created by the government towards USFDA, EU or Japan to really work with regulatory agencies. There is not much pharma business happening with Japan despite India’s friendly relationship with them because of the regulatory framework, say industry experts. “There is much more than funding that government has to do on […]
  • Risk capital, R&D centric PLI scheme needed to boost pharma innovation: Industry

    Hyderabad: Indian pharma needs to move from low-risk research and innovation to high-risk research and innovation. And that’s where the country is lagging. Investing in high-risk innovation is very capital intensive and the return on that investment is both uncertain and long-term. To aid innovation, there needs to be adequate risk capital and a different […]
  • Isthara set to disrupt urban living, smart food court space

    Hyderabad: Hyderabad-based Isthara, a co-living, student living and smart food court company with operations spread across eight cities in India, is seeing accelerated growth across all its business verticals. The company plans to reach one lakh bed capacity in co-living & student living, and 1,50,000 seats in smart food courts pan-India in next three years. […]
  • Sensex, Nifty rebound 2% tracking recovery in Asian markets

    The BSE Sensex climbed 1,140.58 points or 2.09 per cent to trade at 55,670.49 in opening deals, and the NSE Nifty traded higher by 344.10 points or 2.12 per cent at 16,592.05.
  • NSE fraud case: CBI arrests Anand Subramanian

    A source told IANS that he will be produced before the concerned court. The federal probe agency will seek his custodial remand.
  • Convergence of technology, pharma key to improve patient outcomes: Experts

    Hyderabad: The first day of the 19th edition of BioAsia witnessed a panel discussion with deliberations on the significance of partnerships between IT and Pharma companies to digitise healthcare and to venture into the new paradigm of delivering healthcare for better patient outcomes. Industry experts emphasised that data analytics will help the healthcare fraternity understand […]
  • ‘India can drive global healthcare transformation’

    Geoff Martha, CEO, Medtronic.
  • Stocks slump, rupee slides as Russia-Ukraine conflict shells markets

    Photo: AP
  • BE ensured equity, affordability while developing Covid vaccine: Mahima Datla

    Hyderabad: Covid outbreak was an unprecedented situation and when Biological E was called to act upon it and develop a vaccine, the focus was on making the vaccine effective, safe, and affordable as health budgets were severely constrained in many countries. Speaking at a panel discussion on the first day of BioAsia titled ‘Two years […]
  • Safety highest priority while developing adult Covid vaccination: Dr Krishna Ella

    Hyderabad: When Bharat Biotech was looking at developing vaccines after the Covid outbreak, the highest priority was ensuring the safety in adult vaccination, Dr Krishna Ella, managing director, Bharat Biotech International noted on Thursday. Speaking at a panel session on the first day of BioAsia titled ‘Two years into the pandemic – Challenges, successes and […]
  • Variants will keep coming: Dr. Drew Weissman during BioAsia event

    Hyderabad: Dr Drew Weissman, a globally renowned scientist in mRNA technology, said on Thursday that a pan-Coronavirus vaccine was being developed to ensure protection against all variants of the virus. “We want to create a vaccine that will stop any Coronavirus from infecting human beings. We are developing a few and they look promising,” he […]
  • Ikea India appoints Susanne Pulverer as its first woman CEO

    Hyderabad: Ikea (part of Ingka Group), the Swedish home furnishings retailer, appointed Susanne Pulverer as its new and first woman chief executive officer (CEO) and chief sustainability officer (CSO), for its India business. Susanne, an experienced Ikea leader takes over from the outgoing India CEO Peter Betzel, who will move on to his next assignment […]
  • Govt keen to boost life sciences R&D: Amitabh Kant

    Hyderabad: Government has been handholding the life sciences sector in boosting R&D, which is critical to the future. It is important to boost the pharma and medtech sectors. India has been a major importer of bulk drugs, but the nation needs to push the indigenous drug development. The government is pushing production-linked incentive scheme and […]
  • ‘Nations didn’t comply with WHO framework for equitable healthcare access’

    Hyderabad: In response to the Covid pandemic, while the scientific achievements have been absolutely outstanding such as vaccines in less than a year and a lot of progress on diagnostics, self-test kits and antivirals, technology, and the genomic surveillance, which has allowed to track the evolution of the virus, but global coordination and harmony was […]
  • ‘Remote work sees a rise in compensation for employees’

    Hyderabad: In the post-pandemic world, the popularity of remote and hybrid work has risen significantly and majority of companies are looking at providing some kind of reimbursement for their employees. As per a study by Indeed, about 58 per cent of employees say their employers reimburse remote work expenses incurred. The rest of the employees, […]
  • Airtel acquires strategic stake in blockchain tech startup Aqilliz

    Hyderabad: Bharti Airtel acquired a strategic stake in Aqilliz, a blockchain as a service company under the Airtel Startup Accelerator Program. Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom that integrates differential privacy and federated learning on a distributed digital ledger. This allows brands to create secure and consent-based solutions to engage with […]
  • Fipola Retail to ramp up hiring, add more stores in Telangana

    Hyderabad: Fipola Retail India, an omni channel meat D2C (direct to consumer) startup, which operates in Telangana, Karnataka and Tamil Nadu is looking to hire over 400 employees to take the total headcount to over 1,200 in March. Of this, the company will hire 200 plus in Telangana, where it currently has an employee base […]
  • Equity markets spooked amid Russia-Ukraine crisis, Sensex down by 1,432 points

    The 30-scrip BSE Sensex was down by 1432.50 points or 2.50 per cent at 55,799.56 at 9.15 am.
  • Ravikrishna Chebolu joins West Pharmaceutical as GM of India

    Hyderabad: West Pharmaceutical Services, which operates in injectable drug administration segment, appointed Ravikrishna Chebolu as GM of its India operations. While West’s global headquarter is in Exton, Pennsylvania, United States, in India the company has its sales office in Hyderabad, servicing customers throughout India. With over 20 years of relevant commercial and general management experience […]
  • Hyderabad-based Decoction to expand its retail base

    Hyderabad: Hyderabad-based Decoction Foods & Beverages, which operates outlets that serve tea, coffee, and snacks, has set up 110 outlets so far and will add another 20 by April through franchise route. The company crossed 100-mark within 18 months of its inception. It has outlets spread across 25 cities in Telangana and Andhra Pradesh. Seven […]
  • India Protection Quotient rises: Max-Kantar Survey

    Hyderabad: With increasing immunisation coverage and a growing positive outlook beyond Covid-19, the ‘Protection Quotient’ of urban India has moved three points up to 50, witnessing a gradual rise. The trend reflects a steady growth in the country’s overall financial protection that has led to prioritising financial security over all aspects, shows Max Life Insurance-Kantar’s […]
  • Sify Data Centers to invest Rs 1,250 crore in 231 MW green power

    Hyderabad: Sify Technologies is making significant investments in renewable energy. The company recently entered into power purchase agreements (PPAs) with Vibrant Energy Holdings for 231 MW of solar and wind energy capacity to power the company’s Mumbai hyperscale data center. This renewable energy effort will attract an investment of Rs 1,250 crore. The company is […]
  • P&G extends medical, workplace benefits to partners of LGBTQ staff

    Hyderabad: Procter & Gamble said its medical and workplace benefits are extended to partners of LGBTQ employees effective April 1, 2022. The partners of LGBTQ employees will now be covered under company’s medical plan that provides hospitalisation coverage to employees and their dependents. LGBTQ employees can avail emergency financial assistance for their partners, in case […]
  • Virgin Hyperloop fires half of its workforce, to focus on cargo

    The company confirmed to the Financial Times that 111 people had been laid off as it plans to switch focus from passengers to cargo.
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