Page 16 - Sanket Koul

IPO-bound Allchem in legal tussle with Alkem over trademark infringement

IPO-bound Allchem Lifesciences adds legal dispute with Alkem to DRHP as Delhi HC directs both firms to mediation and next hearing is scheduled for 9 July

Serum Institute signs MoU with DNDi to develop dengue treatment candidate

Serum Institute and DNDi sign MoU to develop and scale a dengue monoclonal antibody vaccine with Phase 3 trials in India, Brazil and other endemic countries

Bharat Biotech signs pact with GSK to develop Shigella vaccine candidate

Hyderabad-based Bharat Biotech will lead Phase 3 trials, regulatory progress and manufacturing for Shigella vaccine altSonflex1-2-3 in collaboration with GSK

Tier-2 housing supply falls 35% in Q1 2025, affordable segment hit hardest

New launches in India's top 15 tier 2 cities decline steeply, led by a 54% slump in affordable homes and a shift toward mid- to high-value segments

High temperatures take toll on realty, project timelines, impact workers

Realty & construction cos taking tactical measures: Heatwave training, on-site housing, new tech and more

Germany woos Indian students amid rising uncertainty in US visa policies

Applications to German universities have surged 30% in recent months, with Ambassador Philipp Ackermann citing Germany's appeal amid uncertainty over US student visa rules

AMR crisis: Centre asks states to monitor antibiotic use in animals

Joint working group with CDSCO, state regulators and animal husbandry dept to develop framework for monitoring veterinary antibiotic use amid rising AMR threat

Indo-Pak conflict: FMCG sales soar, auto sector hit in border areas in May

Border tensions in May triggered panic FMCG buying and a dip in vehicle, fuel and cinema sales in Rajasthan, Punjab, Gujarat and J&K, with uneven recovery across sectors

Eli Lilly's weight loss drug Mounjaro sales bulk up 60% on dosage upgrade

It logged value sales worth Rs 12.61 crore in May, compared to Rs 7.88 crore in April.

Covid surge, summer migration may hit project timelines in short term

Developers taking to technology, re-skilling of labour force to address labour shortage issues

Covid booster jab not needed, say experts; high-risk groups need protection

Public health experts recommend a risk-based Covid response focused on the elderly and immunocompromised instead of mass booster vaccination campaigns

Students unsure, experts wary of Trump's Harvard ban despite court stay

Uncertainty clouds US fall intake as Trump's visa ban on Harvard raises fears of wider policy shifts, pushing Indian students to explore alternative destinations

Indian pharma market grows 7.2% in May led by chronic therapies

Indian pharma market grew 7.2% in May with strong performance in chronic therapies such as cardiac and anti-infectives, along with gains from price hikes and new launches

India's active Covid case tally nears 5K, 7 deaths reported in 24 hours

Among states, Kerala had the highest caseload at 1,487, followed by Delhi and West Bengal with 562 and 538 cases respectively

Harvard visa ban could disrupt fall admissions and set college precedent

President Trump's proclamation empowers the Secretary of State to revoke visas of international students at Harvard, raising concerns for fall admissions and international education policies

Centre to hold nationwide Covid mock drill on June 5 for hospital checks

The Health Ministry will assess hospital readiness through a mock drill on June 5 as Covid-19 cases rise, with states asked to ensure oxygen, beds, and essential supplies

NPPA fixes retail prices for 41 drug combinations, including empagliflozin

The NPPA has capped prices for 41 drug combinations including diabetes, cholesterol, and sleep disorder treatments, citing steep price drops and growing generic availability

IIT Delhi, AIIMS sign MoU to establish centre to research AI in healthcare

The proposed Centre of Excellence will develop AI-based tools to support key national health programmes and operate as a Section 8 company under a ₹330 crore grant

NEET-PG postponed, to be conducted in single shift after SC order

While hearing a petition last week, the court directed NBEMS not to hold NEET-PG 2025 in two shifts, observing that such a format could create arbitrariness

Infectious variants, viral season behind Covid surge, say experts

Doctors and epidemiologists say infectious subvariants and seasonal viruses are driving the Covid-19 surge, with Kerala, Maharashtra and Delhi reporting most cases