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Page 2 - Biotech

World's most expensive drug approved to treat Hemophilia at $3.5 mn a dose

CSL Behring's Hemgenix, administered just once, cut the number of bleeding events expected over the course of a year by 54%, a key study of the therapy found

World's most expensive drug approved to treat Hemophilia at $3.5 mn a dose
Updated On : 24 Nov 2022 | 9:46 AM IST

Biotech firm Bharat Serums & Vaccines working to reduce import dependence

Firm is develop recombinant products in hormones, eyes acquisitions in South East Asia

Biotech firm Bharat Serums & Vaccines working to reduce import dependence
Updated On : 01 Nov 2022 | 2:09 PM IST

Mylab, firm that makes kits to detect Covid, starts pathology test facility

"We are now getting to 'wet' pathology tests like blood tests etc and we have set up a centre which will have minimal human intervention and maximum automation

Mylab, firm that makes kits to detect Covid, starts pathology test facility
Updated On : 28 Jul 2022 | 11:42 PM IST

Biocon net profit rises 71% to Rs 144 cr in June quarter; revenue rises 23%

Biotechnology major Biocon on Wednesday reported a 71 per cent increase in consolidated net profit at Rs 144 crore for the June quarter on the back of robust growth across business verticals. The company had posted a net profit of Rs 84 crore in the April-June quarter of the previous fiscal. Total revenue rose to Rs 2,217 crore in the first quarter as compared with Rs 1,808 crore in the year-ago period, Biocon said in a regulatory filing. Biocon Executive Chairperson Kiran Mazumdar-Shaw said revenues grew as a result of robust growth in both biosimilar and generics verticals. "Our financial performance this quarter includes the impact of annual increments in personnel costs as well as increased input and freight costs, pursuant to pandemic and geopolitical disruptions of global supply chains," she added. All the company businesses are poised for the next phase of sustainable growth which has been challenged during the two years of the Covid pandemic, Mazumdar-Shaw said.

Biocon net profit rises 71% to Rs 144 cr in June quarter; revenue rises 23%
Updated On : 27 Jul 2022 | 10:05 PM IST

Silicon Valley's fallen superstar faces 20 years behind bars

Jurors found Holmes guilty of four counts of tricking investors into pouring money into what she claimed was a revolutionary testing system

Silicon Valley's fallen superstar faces 20 years behind bars
Updated On : 05 Jan 2022 | 1:55 AM IST

Sun Pharma Advanced Research Co signs licensing pact with Biomodifying

Biomodifying will also receive a percentage of payments received for sublicenses of the licensed IP

Sun Pharma Advanced Research Co signs licensing pact with Biomodifying
Updated On : 03 Dec 2021 | 11:12 PM IST

TechInvention ties up with Korean co to bring oral cholera vaccine to India

Clinical trials of WHO pre-qualified vaccine to start soon; Unicef price is $2 per dose, private market price globally is $8-10; Initial volumes to be imported; India would need 83 mn doses a year

TechInvention ties up with Korean co to bring oral cholera vaccine to India
Updated On : 19 Jul 2021 | 3:37 PM IST

FM stresses on more investments in biotech, pharma R&D ahead of budget

Says India has capacity to produce Covid vaccines for itself and other countries

FM stresses on more investments in biotech, pharma R&D ahead of budget
Updated On : 19 Dec 2020 | 12:20 AM IST

Gilead to acquire German biotech firm MYR for about 1.15 billion euros

The deal will also include a potential future milestone payment of up to 300 million euros

Gilead to acquire German biotech firm MYR for about 1.15 billion euros
Updated On : 10 Dec 2020 | 8:12 PM IST

Baidu, investors in talks to raise $2 billion for biotech startup: Report

Baidu's plans come at a time of increased investment in the healthcare sector since the outbreak of the Covid-19 pandemic

Baidu, investors in talks to raise $2 billion for biotech startup: Report
Updated On : 09 Sep 2020 | 1:05 PM IST

Rossari Biotech to launch Rs 500 cr initial public offering on Monday

Rossari has reduced the fresh issue component from Rs 150 crore to Rs 50 crore

Rossari Biotech to launch Rs 500 cr initial public offering on Monday
Updated On : 09 Jul 2020 | 12:45 AM IST

Nasdaq's $1.2 trillion biotech index draws Europe's Covid-19 drug hunters

Spain's Pharma Mar is looking at listing on New York's Nasdaq market, joining a flurry of biotech companies aiming to tap investors' voracious appetite for the sector

Nasdaq's $1.2 trillion biotech index draws Europe's Covid-19 drug hunters
Updated On : 30 Jun 2020 | 8:10 PM IST

PM-led meet dwells on crop biotech, format for capital infusion in farming

Modi holds meeting on agro marketing reforms amid Covid lockdown; stresses on need to protect small farmer

PM-led meet dwells on crop biotech, format for capital infusion in farming
Updated On : 02 May 2020 | 11:21 PM IST

Job offers revoked, IIT students find takers in IT and biotech firms

IITs have collectively written to all recruiters asking them to honour their offers

Job offers revoked, IIT students find takers in IT and biotech firms
Updated On : 24 Apr 2020 | 11:31 PM IST

Karuna Therapeutics, little-known firm is yr's best US IPO with 420% surge

Early Karuna holders saw more than 420 per cent returns since the June IPO at $16 a share

Karuna Therapeutics, little-known firm is yr's best US IPO with 420% surge
Updated On : 21 Dec 2019 | 10:49 PM IST

Biocon moves up to sixth spot in Global Biotech Employers ranking

It continues to be the only company from Asia to feature on the prestigious US-based 'Science' magazine's annual 'Science Careers Top 20 Employers' list, since its debut in 2012

Biocon moves up to sixth spot in Global Biotech Employers ranking
Updated On : 28 Oct 2019 | 6:18 PM IST

Govt expects biotech sector to hit $100 billion by 2025

The sector, which is currently growing at 20 per cent, is expected to go up to $11.6 billion by 2017

Govt expects biotech sector to hit $100 billion by 2025
Updated On : 19 Jan 2017 | 5:19 PM IST