Innova Captab expected to file for 900-crore
IPO soon
Drugmaker Innova Captab will soon file a draft red herring prospectus (DRHP) with market regulator Sebi for a 900-crore initial public offering (IPO). Mumbai-based firm specialises in generic formulation contract development and manufacturing.
Roche faces a setback in Alzheimer's treatment
Govt. recently introduced product linked
incentive (PLI) plan for the pharma sector
in response to the pandemic’s significant
disruptions across the industry and to
enhance the capacity of local
manufacturing of vital pharmaceuticals.
GSK plans to release the first RSV vaccine
following positive results
GSK said its vaccine targeting a respiratory virus that causes hundreds of thousands of hospitalizations in older adults each year produced positive results in a trial, giving the drugmaker a boost after falling behind in the race to develop a Covid shot.
Tivic Health receives its second Global Health
& Pharma Award
Tivic Health Systems has announced that ClearUP Sinus Pain Relief has won the Global Health & Pharma 2022 award for Most Innovative Sinus Relief Solution for the second year in a row.
Humanigen and PCI Pharma Services form
Partnership for Lenzilumab
Humanigen, a biopharmaceutical company focused on preventing and treating cytokine storm, has signed an agreement with PCI Pharma Services, a global CDMO, to provide importation, release, & commercialization services for lenzilumab in the UK.
PerkinElmer & Novartis teamed up to address
Sickle Cell Disease's unmet needs in
Sub-Saharan Africa
PerkinElmer and the Novartis Africa Sickle Cell Disease initiative want to increase their advocacy efforts to educate patients, caregivers, and communities about the need of newborn screening and early treatment with hydroxyurea (HU) and other SCD medications.
Rhythm Pharma signed financing agreement
with Healthcare Royalty for upto $100 million
RYTM will receive an initial payment of $37.5 million from HealthCare Royalty as a result of the FDA’s approval of its Imcivree medicine for the treatment of obesity in Bardet-Biedl syndrome patients.