Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now

You can switch off notifications anytime using browser settings.
Stock Analysis, IPO, Mutual Funds, Bonds & More
Clarivate buys Piramal's healthcare analytics business for $950 million

With this acquisition, the over $5 billion Clarivate is expected to be well positioned in the $19 billion Life Sciences analytics market, which is enjoying double-digit growth, to support customers across the entire drug, device and medical technology lifecycle from research to outcome.

IIT Roorkee researchers find antibiotic against multi-drug resistant bacteria

In a new study published in the journal, ‘Journal of Antimicrobial Chemotherapy’, IIT Roorkee researchers screened a library of 11,000 compounds against the Gram negative bacteria, Escherichia coli and discovered 30 novel potent antibacterials.

Scientists find missing protein in brain that causes autism

Scientists have discovered that when an essential key protein needed to generate novel brain cells during pregnancy and early childhood days of the offspring is missing, which makes the brain goes haywire. This particular deprivation causes an imbalance in brain's circuitry can lead to long-term cognitive and movement behaviours characteristic of autism spectrum disorder."During brain development, there is a coordinated series of events that have to occur at the right time and the right place in order to establish the appropriate number of cells with the right connections," said Juan Pablo Zanin, Rutgers-Newark research associate, and lead author." Each of these steps is carefully regulated and if any of these steps are not regulated correctly, this can impact behaviour." The study published in the Journal of Neuroscience.

PMP set to promote domestic production of medical devices

In a first such initiative, a roadmap has been prepared to promote domestic production of X-Ray machines and components whereby financial incentives will be provided to the manufacturing companies.

Govt to come up with financial assistance for fighting rare diseases

The decision comes as the government comes up with a new draft policy for the treatment of rare diseases, more than a year after it withdrew the earlier policy that promised an initial corpus fund of Rs 100 crore for the treatment of patients with rare genetic diseases.

After price cap, local stent makers capture 60% of market

Price regulation has also allowed better margins to Indian companies even as locally made, lower-priced products gain in the market, helping local players increase revenues. The share of Indian companies in terms of value has increased from 30% in 2016-17 to over 55% in 2019-20.

Process of setting up National Medical Commission likely to be over in Feb

The NMC Act, which seeks to usher in mega reforms in the medical education sector, received the assent of the president on August 8 and was published the same day. The Act provides for setting up of an NMC in place of the scam-tainted Medical Council of India.

Experts to decide on inclusion and exclusion of antibiotics from NLEM today

Government-appointed experts have been tasked with preparing the new NLEM to decide on which group of antibiotics should be included and excluded from the list, in a bid to curb indiscriminate use of antibiotics. The revision of NLEM ensures that antibiotics are available when needed and right antibiotics are prescribed for the right infections.

Cabinet gives ex-post-facto nod to MoC between health department, Gates Foundation

It covers areas of cooperation aimed at reducing maternal, neonatal and child morbidity and mortality, improve key nutrition outcomes by improving the reach, coverage and quality of essential primary health, immunization and nutrition services.

MTaI seeks streamlining of tax & duty structure to make medical devices affordable

"High customs duties have adversely impacted the costs of medical devices and equipment in India which contradicts the government's efforts to provide low cost healthcare available to masses through programs such as the AB-PMJAY," MTaI Director Sanjay Bhutani said.

Manipal-TPG in Rs 2k cr deal talks for Columbia Asia’s India assets

Interestingly, TPG was part of the consortium — along with Malaysian conglomerate Hong Leong— that bought rest of the Asia operations of the Seattle-based chain. It paid $1.2 billion for 17 hospitals in Malaysia, Indonesia and Vietnam.

Johnson & Johnson faces criminal charges in faulty hip implants case

Johnson & Johnson faces criminal charges in faulty hip implants case

The complaint was filed nearly nine years ago, but the police had ignored it until last April, when it launched a probe following a series of reports about allegedly faulty J&J implants and based on the findings of a central government-constituted expert committee.

Bharat Biotech keen to revive Rs 600 crore TN vaccine complex

Bharat Biotech keen to revive Rs 600 crore TN vaccine complex

With a planned annual capacity of 585 million, the project proposed to make pentavalent, or five-in-one, combination vaccine, BCG vaccine, and vaccines to prevent measles, hepatitis B, human rabies, Hib (haemophilus influenzae type b) and Japanese encephalitis (JE) in the first phase, which was to be commissioned by 2010.

Quantum Leap: Gene editing could prove to be a game-changer

Quantum Leap: Gene editing could prove to be a game-changer

A Chinese scientist, He Jiankui, claimed last year that he had created the world’s first gene-edited babies using Crispr, to make them resistant to HIV, although that could make them more vulnerable to other diseases. He invited condemnation from around the world and exposed the dangers of unregulated gene editing.

Long hours at a desk job linked to ‘masked’ high BP

Long hours at a desk job linked to ‘masked’ high BP

Working long hours behind a desk might raise the risk of undiagnosed high blood pressure, or hypertension, even when readings in a doctor’s office are normal, a study suggests.

SGX gives RHT a year to take winding up call

SGX gives RHT a year to take winding up call

Trustee-manager to plan new business satisfying Singapore Stock Exchange norms. Last month, the court questioned Fortis for using the Rs 4,600 crore to buy the assets from RHT. This had been done in a “hurried and clandestine manner” and is “required to be gone into,” the court had said.

Load More...

Other useful Links

Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service