Page 160 - B2B Connect

US court asks Zoll to pay $23 mn to Opto Circuits

Cardiac Science Corporation, a Opto Circuit Group Company, has won nearly $23 million against Zoll in case over wearable defibrillator technology

SPARC licenses ophthalmic drug Xelpros to Sun Pharma

In addition to up-front payment of $3 million, SPARC will receive certain other milestone payments, both totalling to $16 million from Sun Pharma

Panasonic Healthcare to buy Bayer's diabetes business for Euro 1.02 bn

Bayer's diabetes care biz, with Euro 909 mn in sales in 2014, is one of the global leaders in blood glucose monitoring systems, lancing devices and diabetes management software

USFDA grants Glenmark permission to market oral contraceptive pill

The approved drug is the generic equivalent of Teva's Seasonale tablet, which achieved annual sales of approximately $53.7 million for the 12 month period ending April 2015

USFDA gives nod to Aurobindo Pharma's epileptic drug

The company received US drug regulator's approval for extended phenytoin sodium capsules - a generic version of Dilantin manaufcatured by Parke-Davis Division of Pfizer Inc

Suven Life secures patents for CNS drug in Israel, Macau and US

With these new patents, Suven has a total of five granted patents from Israel, four from Macau and 21 from US

European Commission gives nod to Merck's Sigma-Aldrich takeover deal

As part of the EU commitments, two companies have agreed to sell parts of Sigma-Aldrich's solvents and inorganics business in Europe, including a facility in Germany

Doctors Without Borders urges PM Modi not to change patent rules

MSF has launched global campaign, Hands Off!, urging India to take strong stand against the pressure from MNCs to change India's patent laws that would severely restrict production of generics

Airbus arm Premium Aerotec awards aero components contract to Mahindra Aerospace

As per the deal, Mahindra will supply a variety of metallic components that will be fitted into several Airbus aircraft programs as part of assemblies produced by Premium Aerotec

Solvay starts alkoxylation production in Europe and Singapore

Both facilities produce alkoxylates which form the chemical foundation for a broad offering of Novecare's specialty surfactants

CSIR labs to develop technologies for national missions

All CSIR labs aim to become self financing in next two years

Govt to conduct feasibility study for Nangal urea plant

The government is planning to build a new urea plant of 1.3 million tonnes per annum capacity at Nangal, Punjab

Air Products opens India's first solar-powered hydrogen fuelling station

Part of a mass public transport bus fuelling and vehicle demonstration program, the SmartFuel station, generates 100% renewable hydrogen from solar energy via an electrolyser

ITC plans Rs 4000 cr investment to expand paper production

The company also plans to invest in new food processing plant in Medak district, Telangana

Murugappa Group plans Rs 250 cr capex in this fiscal

The investment will mainly focus on its engineering business and systems & process

Richa Industries bags depot construction contract for Lucknow Metro project

The contract, awarded by Sam India Built, is the third order that the company has secured from metro rail sector

BHEL commissions Shrinagar hydroelectric project in Uttarakhand

The greenfield hydroelectric project consisting of four units of 82.5 MW each has been set up by Alaknanda Hydro Power Corporation Limited (GVK Group)

Delhi Metro awards Rs 645 cr contract to BEML

As per the contract term, BEML design and manufacture 74 broad guage metro cars for its RS-13 project

Sterlite Grid commissions 765-kV Bhopal Dhule transmission project

The company will operate and maintain this project, which will attract annual tariff of close to Rs 250 crores, for 35 years

Lycos launches project to help provide info about air and water quality

Lycos Life Project will help families to instantly test the quality of the water and air in their homes and communities with small portable sensors given to them by the company