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Wednesday, 14 November 2018
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Vishnu Bhat, Chairman, Blue Neem Medical Devices
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FROM THE ARCHIVES
Telerad Tech launches AI product for early stage breast canc Grunenthal acquires market rights for Nexium, Vimovo Biocon ranks 7th on global Pharma & Biotech employers list 2 Roche partners with Wellthy Therapeutics Glenmark gets USFDA nod for generic Derma-Smoothe Topical Oi Role of Hyperbaric Oxygen Therapy in trauma care Early signs to identify Breast Cancer Granules India’s Net Profit grew by 49% to Rs 60 Cr. Vaseline enters in Clinical Care Thermo Fisher, Symphogen to develop new workflows Medikabazaar secures $5M in series A Treating a stroke in time saves nine million neurons Collaboration translates into Improved Healthcare Delivery Divi's Labs Q2 profit surges by 92% Voluntis, AstraZeneca win prestigious Prix Galien MedStartUp Mitra Biotech, Brigham and Women’s Hospital team up for Canc Pfizer enters into an agreement with Novartis to advance the Dr. Raju Vaishya gets prestigious Dr BC Roy Oration Award Niramai expands availability to 3 more cities MedGenome takes over Centre For Genetic Health Care Amgen invests $66 M in Oxford Nanopore Tech GoI to build a larger digital healthcare ecosystem: Nadda Dr. Reddy’s Q2 net profit surges up to 77% Stroke Screening to mark World Stroke Day HRD Minister Javadekar launches web portal to build a resear Cristal Therapeutics initiates Ph 2 clinical trial of CriPec Eppendorf presents internally developed CO2 incubator DCGI approves specialized centre for derma clinical trials MGM Healthcare to launch new chain of hospitals Philips launches first start-up programme for AI in healthca Researchers to develop sensing technologies to measure circa BRS Ventures to invest in Indian Healthcare Vetter further expands secondary packaging Medimetry raises seed funding CCI brings out policy note on Affordable Healthcare Siemens Healthineers to develop phone based urine test kits Precision of non-invasive blood tests depends on skin type Sun Pharma launches psoriasis treatment drug Ilumya in US DBT holds roundtable in Berlin WHO prequalifies inactivated polio vaccine ShanIPV Personalized medicine for breast cancer Pharma sector growth to moderate at 7-9% CAGR for FY 2018-21 Bayer launches water-based insecticide to safeguard public h Alembic Pharma makes net profit of Rs. 2 billion Net profit of Jubilant Life Sciences rises to Rs 209.77 cror Injectable gel may deliver islet cells to treat Type 1 diabe IAVI, Serum Institute of India team up against HIV Abbott brings two new web-based lab information management s Lupin receives FDA approval for generic skin ointment Polyganics begins First-in-Human trial of its self adhesive Strides Pharma gets USFDA nod for its anti-epileptic drug Lupin Neurosciences receives CHMP nod for NaMuscla Sanofi announces positive CHMP opinion for dengue vaccine NIA releases National Recruitment Strategy to spur dementia Veeda Clinical Research Completes Second Audit By NPRA Biocon, Mylan receive positive CHMP opinion for Ogivri apceth Biopharma announces positive results for apceth-201 i Beckman Coulter Life Sciences launches new research focused Acticor Biotech raises €15.3M in Series B Financing Piramal Pharma becomes Industry Partner of the Year Medtronic partners with Cardiac Society of India SCHOTT Tubing India to further invest 20 million euros in In Novartis to acquire Endocyte in $2.1B deal Zydus Cadila to market generic gout attacks drug in US Lupin, ASHA and NPWH to analyze bacterial vaginosis Trivitron launches high quality products in Newborn Screenin Congenica to provide world’s first national genomic medicine SRL Diagnostics intensifies Preventive Healthcare with new c Postpartum Haemorrhage- A Serious Concern! DNAnexus launches improved Platform for Clinico-Genomic Dat LetsMD raises $1M from Orios Venture SQZ Biotech, Roche to develop APC for Immune-Oncology NITI Aayog to launch guidelines for PPP in NCDs treatment Acme Clinical Trials launches an AI-powered database Mylan Hackathon develops solutions for healthcare challenges Alembic Pharma receives USFDA approval for diabetes drug CSIR appoints Shekhar Mande as new DG Researcher discovers apt cure for treatment-resistant hypoth Medlife awarded India’s Best Pharma Delivery e-Platform Comp Sanofi Genzyme, PerkinElmer offer free Dx testing for LSD Bihar Govt inks pact with PHFI for medical courses Dr. Reddy's gets USFDA nod for Aspirin, Extended-Release Dip Dr. Reddy's to sell API unit to Therapiva INS banks on safe infusion practices Nayati Healthcare introduces eICU at Nayati Medicity in Math India & Korea ink MoU to promote Medical Devices Sector Concept Medical raises $60M for innovative Sirolimus-Coated NCCS to act as bio-repository for infectious bugs Sun Pharma to put Rs 200Cr more in Assam plant Women healthcare startup raises Rs 22 Cr NITI Aayog collaborates with Microsoft for AI, cloud based s MedGenome launches Genetic Test for Chronic Lymphocytic Leuk OPPI releases Shaping India’s OTC Policy 2018 Medanta launches unique therapeutic approach with Medanta-Ay NIMHANS adopts DassaultSystèmes’ SIMULIA for schizophrenia NETRANJALI conducts eye check-ups for all BEST drivers AMETEK India opens technology solutions centre in Bangalore Survey discloses emotional impact of Multiple Sclerosis Advances in management of breast cancer Mission to triumph over Arthritis Early detection is crucial for cancer: Vice President Myriad initiates commercialization plan with Pfizer India remains Polio-Free, Vaccine safe: UNICEF, WHO IAVI to start phase I trial for HIV vaccine candidate Fortis performs complex bilateral knee replacement surgery OPPI advocates for policies that promote scientific temperam DCGI approves Brintellix for major depressive disorder CPhI Declares winners of Pharma Awards USFDA approves Aurobindo Pharma’s Azithromycin to treat infe IME Medical with Amor enters into development cooperation IUIH to invest Rs 1600Cr for Medicity in Uttarakhand Lilly India enters the autoimmune segment with Olumiant Indian plastic surgeons develop new technique for the treatm MedinCell lists on Euronext Paris, raises €30M Dr Reddy launches cholesterol-lowering medicine in US market LANXESS India bags two awards for Sustainable practices, CSR FDA approves Hemlibra without Factor VIII inhibitors for Hem India to achieve all public health goals- J P Nadda Wave Life Sciences to develop programs in rare, genetic eye AI can guess Alzheimer’s risk 5 Years in advance Philips to focus on medication adherence monitoring Armas, Shilpa ink distribution pact for oncology products Lupin announces skin ointment launch in the US Rangsons Healthcare launches Mindful TMS Neurocare in India Hairline International launches free tele-dermatology sessio Assisted Telemedicine transforming rural healthcare Kill your stress before it kills you 75% Indian Women shy away from Breast Cancer Screening Gleneagles Global Hospitals bags two prestigious accreditati LifeCell launches ‘Transformational’ Newborn Screening Progr Stryker names Meenakshi Nevatia as new MD for India Innovation and learning centre to come up at AIIMS NHPM rollout, a step in right direction: ICRA Wipro GE Healthcare strengthens its commitment to India Strand acquires India Diagnostics Biz from Quest Alnylam launches first-ever RNAi therapeutic in Germany US researchers develop a universal vaccine platform Fujifilm introduces new endoscopy product Zydus receives final approval for Exemestane Tablets Piramal Pharma introduces Xcelerate Integrated Solutions MedAchievers, Venture India to launch $100 M healthcare fund Merck opens M Lab collaboration centre in Brazil Sandoz HACk seeking digital solutions to local healthcare ac Upcoming SCDM Conference to focus on Big Data TAKE Solutions supports preventive oncology as CSR initiativ Novartis to develop novel anti-infective drug candidates Government to ensure safety of vaccines Inpatient rehabilitation can help in Stroke Recovery KJ Somaiya College spreads awareness on community health Ipca Labs buys majority stake in US firm Bayshore Elbrit Life Sciences to raise $3M from parent firm Researchers identify mechanism of head muscles formation in Thermo Fisher now offers vacuum concentrators with custom-ma Dr Reddy's sells Cloderm cream rights to EPI Health i-Genetic launches TruTest Labs for specialty testing US scientists invent biofuel-based diagnostic sensor Lupin, Lilly partner for innovative diabetes treatment in In Bioinnovators come together at 6th Biotech Entrepreneurs Mee Over 800 delegates attend 8th NGBT Conference Pharmeasy gathers $50M in series C funding Understanding the role of Medical Coding A. Vaidheesh re-elected as OPPI President for the second con Focus on taking care of heart health on this World Heart Day Thermo Fisher, PharmaFluidics enter into strategic agreement Eppendorf announces applications for Award 2019 for young sc Bioconjugation expertise and increased productivity over nex Make in India can pave way for successfully implementing Ayu Healthcare experts to use blockchain for real drug supply
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Inside Magazine

Indian Pharma spending Rs 200 Bn on R&D

Indian pharma companies are gearing up to take on their global peers in terms of expenditure on research and development (R&D), which has shown a steady increase in the last few years. Over the years Indian pharma industry has been often pulled up for spending too little on R&D. But the latest trend shows that India’s biggest pharmaceutical companies are now investing more in this direction. Besides building on the traditional generic product pipeline, pharma companies are now investing in research on complex generics, specialty and differentiated products, and biosimilars. For the FY2018, the R&D expenses have constituted 9.1 per cent of the cumulative revenues of the companies. The cumulative R&D spend for the top 10 pharma companies has been around Rs 95 billion or Rs 9500 crores this fiscal. This figure eventually reaches a score of Rs 20,000 crores after considering the cumulative expenditure by other small and medium players of the Indian pharma industry working equally hard in the field of R&D.





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