by newsworm | Dec 22, 2024 | Pharma
HERVolution Therapeutics, a biotech company, has raised $11.7 million in Series A funding to advance its lead assets towards clinical evaluation. The funding was led by the Serum Institute of India and included participation from the European Innovation Council Fund... by newsworm | Dec 22, 2024 | Pharma
Recent news in the healthcare industry shows significant activity among pharmaceutical giants. GlaxoSmithKline (GSK) reported a trial success with its combination therapy for ovarian cancer, improving patient survival rates. However, the results did not meet overall... by newsworm | Dec 22, 2024 | Cipla, Pharma
Cipla, a leading pharmaceutical company, has been slapped with a fine of over Rs 1 crore by the Goods and Services Tax (GST) Authority. The fine is a result of a probe into Cipla’s alleged violation of GST norms. The case is related to the company’s... by newsworm | Dec 22, 2024 | Apollo Hospital, Pharma
Aditya Chakravarthi, a 46-year-old triathlete from Nerul, underwent surgery for a bilateral inguinal hernia, which affected his groin area. The conventional treatment for such hernias typically involves open surgery with a large incision, but Dr. Shalin Dubey and his... by newsworm | Dec 21, 2024 | Pharma
Astellas Pharma and Sangamo Therapeutics have partnered to develop genomic medicines for neurological diseases. The deal grants Astellas global rights to use Sangamo’s neurotropic adeno-associated virus capsid, STAC-BBB, which can penetrate the blood-brain... by newsworm | Dec 21, 2024 | Pfizer, Pharma
The US government has prioritized Pfizer’s Meaningful Use and Transparency (MUT) Act over the development of orphan drugs for rare diseases. The MUT Act, aimed at improving healthcare, has pushed back the rarity drug development and reimbursement. This may make... by newsworm | Dec 21, 2024 | Pharma
Russia has made a significant announcement in the cancer treatment sector, claiming to have developed a new cancer vaccine that will be distributed for free starting from 2025. This move is expected to have potential implications for the global market of cancer drug... by newsworm | Dec 21, 2024 | Pharma
The Kenya University Biotechnology Consortium (KUBICO) has been conducting civic education on biotech and GMO technologies to educate the public about their safety and benefits. During a church visit, Pastor Nathan Lihanda and youth leader Collins Kikame shared their... by newsworm | Dec 21, 2024 | Pharma
India’s biotech startup ecosystem has grown significantly over the past decade, from 50 startups in 2014 to nearly 9,000 today. This growth is attributed to the remarkable expansion of the bio-economy, which has increased from $10 billion in 2014 to over $130... by newsworm | Dec 21, 2024 | Pharma
Nuritas, a biotech company founded in 2014 by Dr. Nora Khaldi, has raised €40 million in funding, bringing its total amount raised to over €100 million. The funding was led by M&G Investments’ Catalyst strategy, which supports businesses addressing global...