Laughter is The Best Medicine Many years ago, Norman Cousins was diagnosed as “terminally ill”. He was given six months to live. His chance for recovery was 1 in 500. He could see the worry, depression and anger in his life contributed to, and perhaps helped cause, his disease. He wondered, “If illness can be caused by negativity, can wellness ... Read More »

Arogya Finance and DRL collaborate to provide medical loans for financially weak Facilitates medical loans for Resof, a drug for treatment of Hepatitis C virus (HCV) infection and a few other therapies Arogya Finance has tied up with Dr Reddy’s Laboratories for providing medical loans for treatment of Hepatitis C. Reportedly, Arogya Finance will facilitate easy Equated Monthly Installments to patients ... Read More »

Torrent Pharma’s new Dahej plant commences operations The plant will mainly cater to the more regulated international markets such as the US, Brazil and Germany Torrent Pharma has commenced commercial operations at its new plant in Dahej. This is the company’s fifth formulation plant and the second API plant. The facility is being set up in two phases. The total investment ... Read More »

Little Boy’s Meeting with God There once was a little boy who wanted to meet God. He knew it was a long trip to where God lived, so he packed his suitcase with Twinkies and a six-pack of root beer and started his journey. When he had gone about three blocks, he met an old woman. She was sitting in ... Read More »

IIL opens ‘New Bovine Serum’ manufacturing unit in New Zealand The new plant can manufacture up to 300 tonnes of serum Indian Immunologicals Limited (IIL) has recently inaugurated its ‘New Bovine Serum’ manufacturing plant in New Zealand. The plant will produce key products like new born calf serum, adult bovine serum (NZ origin) and bulk bovine haemoglobin (NZ origin) for bio-pharmaceutical, ... Read More »

Alkem Laboratories gets SEBI’s nod for IPO As per the draft papers, the company will come out with a public offer of up to 12,853,442 equity shares Alkem Laboratories has received capital markets regulator Securities and Exchange Board of India’s (Sebi) approval to raise an estimated Rs 1,500-3,500-crore through an initial public offering (IPO). Alkem Laboratories filed the Draft Red Herring ... Read More »

The Elephant Rope As a man was passing the elephants, he suddenly stopped, confused by the fact that these huge creatures were being held by only a small rope tied to their front leg. No chains, no cages. It was obvious that the elephants could, at anytime, break away from their bonds but for some reason, they did not. He ... Read More »

GSK exercises option for inhaled therapeutics from Liquidia Technologies GlaxoSmithKline (GSK) has exercised an option that gives it the exclusive rights to research, develop and commercialize inhaled therapeutics derived from Liquidia Technologies’ PRINT technology. Under a collaboration and option agreement signed in June 2012, Liquidia was entitled to receive an upfront payment including cash and equity, R&D funding, and possible ... Read More »

Torrent Pharma board approves Zyg Pharma’s amalgamation It will result in concentrated management focus and synergies of operations and facilitating inter transfer of resources and optimum utilisation of assets Torrent Pharmaceuticals’ board has given nod to the scheme of amalgamation of its subsidiary Zyg Pharma with the company. The Board of Directors of the company “has approved the scheme of amalgamation ... Read More »

Crows in the Kingdom One day Emperor Akbar and Birbal were taking a walk in the palace gardens. It was a nice summer morning and there were plenty of crows happily playing around the pond. While watching the crows, a question came into Akbar’s head. He wondered how many crows were there in his kingdom. Since Birbal was accompanying him, ... Read More »