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Pharmaceutical company MSD on Monday said it has appointed Vidhya Sundaram as Associate Vice President, Global Technology Centers, and Hyderabad Tech Center Lead. Vidhya, based in Hyderabad, will oversee MSD's global Technology Center strategy, working closely with global technology leaders to deepen collaboration across locations and support business outcomes, a company statement said. She will also lead the Hyderabad Tech Center, helping advance the digital capabilities that support MSD's work to deliver innovative solutions for human and animal health around the world. MSD, which operates as Merck & Co., Inc in the US and Canada markets, recently inaugurated the Tech Centre's expanded workplace in Hyderabad. Vidhya brings more than 20 years of experience building and scaling global capability organisations and driving business outcomes through digital and technology across the life sciences industry, the company said. Prior to joining MSD, Vidhya held leadership roles at Eli ...
Natco Pharma on Tuesday said it is investing USD 14 million (over Rs 130 crore) in eGenesis Inc, a US-based biotechnology firm, through its two subsidiaries. As part of the transaction, Natco Pharma (Canada) Inc will invest USD 9.5 million and Natco Pharma South Africa Proprietary Ltd USD 4.5 million in eGenesis through convertible promissory notes, the Hyderabad-based company said in a regulatory filing. eGenesis is pioneering a genome engineering-based approach in the development of safe and effective transplantable organs to end the global organ shortage and transform the treatment of organ failure, it added. In 2024, Natco Pharma had invested USD 8 million in eGenesis, Inc through preferred stock. The total investment made by it in eGenesis, Inc now stands at USD 22 million, the company said. The eGenesis Genome Engineering and Production (EGEN) platform is the only technology of its kind to comprehensively address cross-species molecular incompatibilities and viral risk via ..