Medicines Financial News
15.05 / 09:03
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Will AI replace doctors who read X-rays, or just make them better than ever?
As AI moves into medicine, perhaps no one has more to gain or lose than radiologists, the doctors who review medical scans for signs of cancer and other diseases
12.05 / 18:23
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Hundreds dead and missing in Afghanistan flash floods
seasonal rains in Afghanistan have left over 300 people dead and thousands of houses destroyed, most of them in the northern province of Baghlan, which bore the brunt of the deluges Friday, the United Nations food agency estimated. Among at least 240 people dead are 51 children, according to UNICEF, one of several global aid groups that are sending relief teams, medicines, blankets and other supplies. The World Health Organization said it delivered 7 tons of medicines and emergency kits.
12.05 / 08:21
Progressive
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Remark
Election
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After my arrest, AAP became more united: Delhi CM Arvind Kejriwal to party MLAs
Arvind Kejriwal to party MLAs said on May 12. “I was worried that medicines should not be stopped from reaching the public. Free electricity and water should not be stopped, but all of you did a very good job and did not let any conspiracy succeed.
11.05 / 01:51
UPS
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Investigations
Maharashtra: NCB busts interstate drug racket, seizes 3,600 Nitrazepam tablets, codeine syrup bottles in Thane, two held
interstate drug syndicate, the Narcotics Control Bureau (NCB) has arrested two accused at Kalyan Railway Station in Thane and seized from them 3,600 Nitrazepam tablets and 270 bottles of Codeine syrup. According to the NCB, the network has its tentacles spread across multiple states, including Maharashtra, and Karnataka. «In a closely coordinated operation, NCB has successfully delivered yet another cracking blow to the interstate drug syndicate, which has led to the seizure of 3600 Nitrazepam tablets & 270 bottles of Codeine syrup for which two persons, including the local distributor and his key associate, have been arrested,» said Additional Director NCB (Mumbai) Amit Ghawate in a press statement on Friday.
10.05 / 12:31
Provident
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India's Industrial Production growth rate slows to 4.9% in March 2024
India's Industrial Production (IIP) growth rate slowed to 4.9 per cent in March as against 5.7 per cent in February, revealed the data provided by the Ministry of Statistics and Programme Implementation (MoSPI) on Friday. The previous high of IIP was recorded at 11.9 per cent in October 2023, which slowed to 2.5 per cent in November, 4.2 per cent in December and 4.1 per cent in January 2024. The cumulative growth rate for the period of April-March 2023-24 over the corresponding period of the previous year stood at 5.8 per cent.
09.05 / 14:27
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Abbott India Q4 Results: Net profit rises 24% YoY on higher sales
Abbott India reported a 24% rise in fourth-quarter profit on Thursday, as strong sales outpaced the impact of government pricing caps on certain medicines. The company, which makes the popular antacid medicine Digene, said its profit rose to 2.87 billion rupees ($34.3 million) for the three months ended March 31, from 2.31 billion rupees a year earlier.
09.05 / 01:49
07.05 / 14:17
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Patanjali misleading ads: SC orders takedown of online ads, halt on sale of suspended products
Bar and Bench as saying. The Supreme Court was hearing a petition filed by the Indian Medical Association (IMA) against an alleged campaign carried out by Patanjali and its founders against the COVID-19 vaccination drive and modern medicine. No sale of suspended products: The Supreme Court also said that Patanjali should not be allowed to sell products for which licences were suspended.
07.05 / 06:13
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Wegovy now in Canada: Who should (and shouldn’t) use the weight-loss drug
After years of persistent shortages, Canadians can now access Wegovy, an on-label weight loss medication, made by the same manufacturers of Ozempic.
05.05 / 03:03
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Homeopathy: An alternative medicine or placebo?
Homeopathy for covid-19: panacea or false hope? Rajpuria is not alone in her faith in this alternative form of medicine. According to a report by Business Research Insights, the global homeopathic medicine market size was $854.4 million in 2021 and the market is projected to touch $1687.98 Million By 2031. As per the Ministry of Ayush, homeopathy is the second most popular system of medicine after allopathy in India with roughly 10% of the population relying solely on homeopathy for treatment and as per a Statista report, as of January 2021, there were approximately more than three lakh homeopathy doctors across India.
04.05 / 17:53
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The penicillin war: India's journey from self-sufficiency to dependence on China
Sir Alexander Fleming returned to his lab in St. Mary’s Hospital in London, a big surprise was waiting. He found a blue-green mould growing in one of the petri dishes. Intrigued, his mind went probing on the cause of contamination. Soon Fleming realised he had stumbled upon a discovery that would be hailed as one of the world’s biggest medical breakthroughs. By sheer serendipity, Fleming found the mould had destroyed colonies of staphylococcal bacteria around it. Penicillin — the nemesis for the deadliest bacterial infections — was born. Gruelling work followed. In 1945, Fleming along with his legendary team of researchers Ernst Chain and Sir Howard Florey were awarded the Nobel Prize in physiology and medicine. As World War II unleashed deaths and miseries, a miracle weapon armed doctors against life-threatening bacterial infections. Until then, minor cuts or bruises carried risks of deaths. Penicillin saved lives of soldiers grievously injured during the war. An article in Science Museum describes the quick build-up to make the drug. It says such was its demand that scientists used every conceivable object — from bed pans to bathtubs — to store volumes of broth for the fermentation process. Gallons of mould broth were needed to get a fingernail of penicillin, says the article. With time, as scientists developed better methods of extraction, it spawned dozens of producers across Europe and the US.
04.05 / 10:11
03.05 / 10:07
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Hospitals see spike in heat-related cases
an intense heatwave swept through eastern India and parts of the southern peninsular region, according to the weather bureau. Parts of West Bengal, Bihar, Odisha, Tamil Nadu, Telangana, and coastal Andhra Pradesh recorded temperatures above the 44-degree Celsius mark.
03.05 / 09:51
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Padma Shri awardee Darshanam Mogulaiah works as construction labourer in Hyderabad to make ends meet
Time of India, the 73-year-old artist, Kinnera Mogulaiah, spent the 1 crore in cash he received from the Telangana government on family emergencies. “I used that money ( ₹1-crore state grant) for my children’s weddings. I even bought a piece of land at Turkayamjal on the city’s (Hyderabad’s) outskirts.
02.05 / 17:27
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OTC policy can boost drug access, market
regulatory regime, a government-appointed three-member panel is mulling the idea of making commonly used cough and cold medicines, antacids, and fever-reducing drugs available 'over the counter' (OTC) at general stores. Many countries, such as Britain, the US and Australia, have well-defined guidelines for their sale and regulation. In 2022, India allowed the sale of certain drugs without a prescription as part of a new OTC drug policy. Though the Drugs Technical Advisory Board, the top advisory board on drugs, approved the policy, it never saw the light of the day.
02.05 / 14:07
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Best Sleeping Pill Alternatives in India - Restful Sleep
Solution: Treating insomnia with cognitive behavioural therapies, and using medicine under a doctor's supervision. Solution: Weight loss, oral appliances, continuous positive airway pressure (CPAP) therapy, and surgery. Solution: Treatment of underlying diseases, medication, and alterations in lifestyle.
01.05 / 22:35
01.05 / 15:05
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Manufacturers in India Offering Third-Party Production for Derma Products
Quality Assurance: At Gary Pharma, quality is at the core of everything we do. We follow stringent quality control measures at every stage of the manufacturing process to ensure that our derma products meet the highest standards of safety, efficacy, and purity. From sourcing raw materials to conducting rigorous quality checks, we leave no stone unturned in delivering products that instill trust and confidence among healthcare professionals and patients alike.
30.04 / 18:27
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US challenges 'bogus' patents on Ozempic and other drugs in effort to spur competition
The Federal Trade Commission is challenging patents on 20 brand name drugs, including the blockbuster weight-loss injection Ozempic
29.04 / 17:13
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Vaccines
Baba Ramdev 'crossed red line' with false COVID cure claims, people believed him: IMA chief on confronting Patanjali
20,000 doctors died after taking two doses of the COVID vaccine. And he was having such a high profile that, you know, people believed what he said. That was the unfortunate part of it," Asokan was quoted as saying.
29.04 / 17:13
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Uttarakhand govt cancels licence of 14 products sold by Patanjali Ayurved
Patanjali's case tomorrow (April 30) to determine whether to press contempt charges against Ramdev or not. Earlier today, Indian Medical Association president Dr RV Asokan explained why the IMA dragged Patanjali to court saying Ramdev crossed a red line when he claimed he could cure COVID-19 and at the same time maligned modern medicine.
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