USA —GE HealthCare has secured a staggering US$44 million grant from the Bill & Melinda Gates Foundation in an epic stride towards improving healthcare accessibility and maternal well-being. This substantial…
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Alkem Laboratories inks antifungal drug deal with Biosergen
INDIA – Alkem Laboratories Limited (Alkem) has entered into a new agreement with Biosergen AB (Biosergen) for the exclusive licensing rights to BSG005, an innovative polyene macrolide. Biosergen, a clinical-stage…
Read MoreAlkem Laboratories unveils the brand name of its API business, Alkem Activa
INDIA – Alkem Laboratories is eyeing an international expansion of its active pharmaceutical ingredients (API) business under its own brand name, Alkem Activa. To Alkem Laboratories, Alkem Activa represents a…
Read MoreCipla medical drones take flight in the Indian state of Himachal Pradesh
INDIA – Cipla Limited, in partnership with Skye Air Mobility, has introduced a drone services network exclusively designed to serve the healthcare needs of the Indian state of Himachal Pradesh.…
Read MoreBayer and Hologic collaborate to advance contrast agent-enhanced mammography
USA — Bayer and Hologic have joined forces with a singular mission: to revolutionize breast cancer scans. Their visionary approach combines Bayer’s cutting-edge imaging contrast agents with Hologic’s state-of-the-art mammography…
Read MoreAbbott augments its diabetes management portfolio with Bigfoot Biomedical acquisition
USA —Abbott Laboratories, Inc. has concluded its acquisition of Bigfoot Biomedical—an innovative force in intelligent insulin management systems. While financial specifics remain undisclosed, the implications of this union are profound.…
Read MoreDanaher slashes prices on TB test cartridges, commits to zero-profit sales
USA — In a groundbreaking initiative, Danaher Corporation has announced a game-changing move that is set to transform tuberculosis (TB) testing access across the globe. The company is embarking on…
Read MoreCDC backs Pfizer’s RSV vaccine for pregnant women to shield infants
USA — The U.S. Centers for Disease Control and Prevention (CDC) has announced their endorsement of Pfizer’s respiratory syncytial virus (RSV) vaccine for expectant mothers in their third trimester. This…
Read MoreLegal woes drive Rite Aid to consider bankruptcy and store closures amid opioid litigation
USA — Rite Aid, a prominent player in the pharmacy industry, finds itself at a crossroads, engaged in high-stakes negotiations with creditors. The talks are centered around a potentially seismic…
Read MoreBritish Premier contemplates banning cigarettes for the next generation following in the footsteps of New Zealand
UNITED KINGDOM — In a move to combat the scourge of cigarette smoking, British Prime Minister Rishi Sunak is exploring a set of innovative measures that could prevent the next…
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