Akums Drugs and Pharmaceuticals on Friday said it has received patent for a formulation for Sickle Cell Disease (SCD). The company has received a patent from India patent office for its room temperature stable oral suspension of Hydroxyurea, a formulation aimed at managing SCD. "Our constant endeavor is to work on affordable medicines for Orphan Drugs and reduce dependency on imported medicines ensuring patient safety from rare diseases with timely and necessary treatment," Akums Managing Director Sanjeev Jain said in a statement. SCD, a genetic blood disorder, leads to severe health complications such as anaemia, frequent pain episodes and other debilitating symptoms, affecting millions worldwide, especially in India and Africa. Akums said its formulation will come at a fraction of the cost of imported Hydroxyurea solution.
Akum's revenue from operations in Q1FY25 came in at Rs 1019.1 crore, a rise of 5.08 per cent Y-o-Y
The Union Ministry of Health and Family Welfare issued a gazette notification, prohibiting the manufacture, sale and distribution of these medicines
This drug has shown a 77.20 per cent ulcer closure rate in clinical trials, offering hope for a condition that often leads to severe outcomes like lower limb amputations
The company announced the plan to hire about 1,300 new employees by the end of 2026, as per the statement at a media briefing
PM Modi said, In Mann ki Baat, I have often discussed the challenges of drugs. Every family worries that their child might be exposed to drugs.
Local residents, political leaders, and environmentalists have raised concerns over possible environmental harm and an increase in crime and drug-related activities encouraged by Sunburn festival
MANAS will have a toll-free number 1933, a web portal, a mobile app, and a UMANG app so that citizens of the country can anonymously connect
Firms term DCGI move 'positive' as it aims at ensuring patient safety
Researchers say future study required to assess causality
A court here on Monday extended till July 3 the police custody of 10 persons arrested in connection with the Pune bar drug video case. Santosh Kamthe, Vitthal Kamthe, Yogendra Girase, Ravi Maheshwari, Akshay Kamthe, Dinesh Mankar, Rohan Gaikwad, Manas Mallick, who are associated with Liquid Leisure Lounge (L3), and Nitin Thombre and Karan Mishra, who were allegedly seen in the viral video, were produced in a court where police sought extension of custody. The prosecution, while seeking custody, told the court they want to probe the links of the accused with the alleged drug peddlers in the case and, therefore, need their further police custody. One of the arrested persons, Abhishek Sonawane, had supplied drugs to Thombre and Mishra and police wanted to reach the main drug peddler, the prosecution told court. Police said they arrested Abhishek Sonawane, Omkar Sakat and one Nigerian national for supplying drugs to Mishra and Thombre. Later, Aryan Patil and Akshay Swami were held for
Revenue Intelligence officers have seized contrabands worth Rs 3,500 crore in 2023-24 fiscal, with narcotic drugs and gold seizures constituting a major chunk, a top official said on Thursday. Directorate of Revenue Intelligence Principal DG Mohan Kumar Singh said infiltration of supply chains has emerged as a significant challenge in curbing smuggling. Also, growing use of air passenger, courier and postal cargo for smuggling of drugs and other contrabands remains a concern. "In FY 2023-24, DRI detected 623 smuggling cases, almost an average of 2 cases per day, with seizure of contrabands of Rs 3,500 crore. The seizure of narcotics drugs and psychotropic substances constitute a major part of it, followed by seizure of gold," Singh said at a Ficci seminar on global challenges of illicit trade and way forward. According to sources, DRI has seized 1,658 kg of gold in 2023-24 fiscal, about 35 per cent more compared to a year ago. Singh said during the fiscal, DRI has also kept a watc
Indi had the third largest number of people with obesity as of 2022, behind China and the US, according to a study in The Lancet, with numbers surging as junk food consumption becomes more commonplace
The companies, which all sold Zantac at different times, argue that Medinilla should have granted their motion to block plaintiffs from presenting expert testimony that Zantac causes cancer
Companies must commit that they comply with a code against unethical marketing of drugs
Revenue from segments that make copycat drugs and medicines used for allergy immunotherapy rose 0.8% and 14%, respectively, during the quarter
This form of asthma is characterised by high levels of eosinophils, which is a type of white blood cell.
Big drugmakers already face some 80,000 state suits from users of the drug who say their cancers were caused by Zantac contaminated with NDMA, the dangerous chemical Valisure discovered
Indian pharmaceutical companies also accounted for a lower but important share of biosimilar production, manufacturing 15 per cent of biosimilar volume used by US patients in 2022
Prices of essential drugs such as dapagliflozin metformin hydrochloride, used for lowering blood glucose levels by decreasing glucose production in the liver, have been fixed at Rs 16 per tablet