Business
Bio Spectrum
INDIGENOUS MEDICAL DEVICE AND DIAGNOSTICS MARKET GROWING AT 6% CROSSES RS 36,000 CRORE
The market of indigenous medical device and diagnostics is estimated at Rs 36,400 crore growing at 6 per cent for 2018-19.
2 min |
Decemeber 2019
Bio Spectrum
Government's Nano approach for pharma industry
Nanotechnology is now known to be the game-changer when it comes dealing with the rising burden of various life-threatening diseases such as cancer, diabetes, cardiovascular diseases along with others.
4 min |
Decemeber 2019
Bio Spectrum
Diagnostic services in India: an untapped potential
With the second-largest population in the world, India also has a massive disease burden which has barred it from enjoying its demographic dividend optimally.
4 min |
Decemeber 2019
Bio Spectrum
Digitization Improves Lab Supply Chain Management
Time is a major obstacle for the invention of a new product or for the development of a novel product from basic concepts. The time taken for an idea to be proved, prototyped and developed into beneficial invention determines the success of the product as there are multiple competitors existing in the market. As a result, scientists have to manage their time efficiently while executing their projects. However, unfortunately a lot of time is wasted when the required lab supplies such as reagents, kits, consumables, equipment etc. are not available while conducting crucial research experiments. Scientists often struggle in contacting the right biosuppliers, establishing trust with a new brand of product or facing delays in the delivery of an urgent material.
9 min |
November 2019
Bio Spectrum
India Announces Major Tax Cuts To Boost Investment
USV Private Limited, an Indian multinational pharmaceutical, and biotechnology company based in Mumbai reacting quickly to the developments and leveraging on the government’s surprise corporate tax rate cut on September 20 announced that it will proceed with its investment of Rs 400 crore on a new state-of-art formulation plant at Vadodara in Gujarat.
5 min |
November 2019
Bio Spectrum
'We Have Developed Over 15000 NCEs This Year'
A leading global Contract Research and Manufacturing Services (CRAMS) company in the area of drug discovery and development, TCG Lifesciences Pvt. Limited started its operations in 2001 in Kolkata and currently has a presence in the United States, Europe, and Japan.
5 min |
November 2019
Bio Spectrum
'PPPs, CoEs Are Needed To Practice Precision Diabetes Care'
Roche Diabetes Care India, a pioneer in the development of diabetes management systems and services, has appointed executive from Novo Nordisk, Omar Sherief Mohammad as the new General Manager for its India business.
5 min |
November 2019
Bio Spectrum
'India's Life Science And Healthcare Industries Are Some Of The Fastest Growing Sectors'
Promega Biotech India Private Ltd, a 100 per cent subsidiary of Promega Corporation USA started its operation in August 2014 in New Delhi has completed five years.
2 min |
September 2019
Bio Spectrum
NDHB - Ambitious But Challenging
The vision of National Digital Health Blueprint (NDHB) is to create a National Digital Health Eco-system that supports Universal Health Coverage in an efficient, accessible, inclusive, affordable, timely and safe manner, through provision of a wide-range of data, information and infrastructure services, duly leveraging open, interoperable, standards-based digital systems, and ensuring the security, confidentiality and privacy of health-related personal information. Although it appears to be a very ambitious project, a large number of obstacles need to be tackled for its successful implementation.
10+ min |
September 2019
Bio Spectrum
'FICCI Heal 2019 - Health Of Healthcare In India'
“No public-private demarcation for the agenda of improving healthcare in India”
2 min |
September 2019
Bio Spectrum
Industrial Enzymes Market Growing At 7% Touches Rs 2360 Crore
The market for enzymes in India was relatively small compared to other sectors but it is picking up as compared to other markets in the world.
6 min |
September 2019
Bio Spectrum
Micronclean Targets Sales Growth For Cleanroom Consumables In India With Biospan Contamination Control Services
In 2017 Micronclean partnered with Biospan to sell its Cleanroom Consumables into the rapidly expanding Indian Pharmaceutical Cleanroom Market. Together they formed a joint venture company Biospan Contamination Control Services so that customers in India could benefit from a product range that has been sold into over 30 countries in the last 5 years.
3 min |
September 2019
Bio Spectrum
Shortage In Europe Of Oncology Drugs... An Opportunity For Indian Pharma?
Indian drug companies are facing strong headwinds due to prompt regulatory action of United States Food and Drug Administration (USFDA), likely imposition of Border Adjustment Tax (BAT) and delay in new drug approvals. Probably, it is the best time for Indian pharma companies to explore opportunities and business in the European market.
8 min |
August 2017
Bio Spectrum
US FDA Warning Letters And Indian Pharma
Greater emphasis on quality will allow India to participate more fully in existing global venues such as the International Council for Harmonisation (ICH) and the Pharmaceutical Inspection Cooperation Scheme (PIC/S) – which will enable stronger collaboration and synergies among regulators. Quality is good for economic development, the market, and most importantly, patients and consumers everywhere.
9 min |
August 2017
Bio Spectrum
Industry Needs To Work Closely With Indian Govt For Smooth Implementation Of GST
The new tax regime will contribute significantly towards every sector of economic growth, broad export expansion and without saying ample job opportunities. GST is collaborative approach and much awaited tax reform and it is a one more welcome step to move ahead towards more globalization. The roll out will yield many positive benefits but Companies will need to make major changes in their process.
7 min |
August 2017
Bio Spectrum
People News
Veteran Biologist And Activist Passes Away.
1 min |
September 2017
Bio Spectrum
Scientists Took To Streets For Robust Funds
Thousands of scientists, students, educational NGOs and science enthusiasts across the country came out on the streets on August 9th demanding robust funding for scientific research and policies to encourage a scientific temper among the population.
4 min |
September 2017
Bio Spectrum
​“In India Till Now, Bioresearch Is Considered To Be A Bit Costly”
Dr Ashes Ganguly, founder Director of Cryogen Instruments India, one of the leading suppliers of Speciality/Isotopic Gases and Nuclear Medicines in the country, is heading the Indian Analytical Instrument Association (IAIA) as president since 2015 till 2018. In an interaction with BioSpectrum he shares his views as President of IAIA on government’s Make in India scheme and GST etc. Experts of the interview.
3 min |
September 2017
Bio Spectrum
“Devise Simple Health Insurance Products To Enhance Coverage”
FICCI HEALTH INSURANCE CONFERENCE 2017
2 min |
February 2018 ,Vol 16 Issue 05
Bio Spectrum
Batavia Joins International Consortium For Polio Eradication
Netherlands based Batavia Biosciences is joining an international consortium to develop and manufacture a safer type of polio vaccine.
1 min |
February 2018 ,Vol 16 Issue 05
Bio Spectrum
Versatility Is Key To Success
Being the President and Chief of Science & Innovation at Metropolis Healthcare Ltd., India’s only multinational chain of pathology centre that provides the largest service menus in India offering more than 4,500 varieties of tests, Dr Nilesh Shah has been an inspirational figure.
1 min |
March 2017
Bio Spectrum
Accurate Diagnosis, Efficient Disease Management: Modern Age of Pathology
The world of pathology labs has grown by leaps and bounds in the past decade.
4 min |
March 2017
Bio Spectrum
The Policy Is A Game Changer
Recently, JP Nadda, Union Minister for Health and Family Affairs, released the National Health Policy (NHP) 2017. Patting the back of the minister, Prime Minister Narendra Modi described the policy as a ‘futuristic’ document which places the interests of the citizens foremost.
4 min |
April 2017
Bio Spectrum
Policy Covers NCD Concerns
The National Health Policy 2017 covers various aspects like care for major non-communicable diseases (NCDs), geriatric healthcare, mental health, palliative care and rehabilitative care services.
5 min |
April 2017
Bio Spectrum
The Generic Drug Push Needs Further Clarity
The policy encourages indigenous production of APIs and Key Starting Materials (KSMs) in several ways. However, a more thorough approach is required to once again enable the domestic API industry to become competitive. The Indian government needs to focus on developing the local chemical industry which can then in turn support API manufacturing.
4 min |
October 2017
Bio Spectrum
Aims At Providing A Longer Term Stable Policy Environment
To overcome the challenges like Declining CAGR; Non-adherence to quality standards and norms; Growing competition from other countries; Dependence on imports for the key starting materials as also of the APIs; Lack of R&D and discovery of new molecules, and to improve the situation of the pharma industry, India has come up with draft pharma policy 2017.
5 min |
October 2017
Bio Spectrum
Amgen Collaborates With Humana To Improve Health Outcomes
US Biotechnology company, Amgen and leading health organization, Humana have teamed up to identify opportunities to improve health outcomes and improve efficiency by unlocking new insights from the real world health care experiences of Humana's 13 million members.
1 min |
October 2017
Bio Spectrum
Rich Agricultural Base To Boost State's Biotech Sector
Punjab, one of the prominent agricultural states of the country, is now shifting its gears from just being an agricultural state to biotechnology hub of North India.
2 min |
February 2017
Bio Spectrum
Can State Make Biotech Park A Reality?
Governments worldwide have recognised biotech as a new age technology that is anticipated to play a significant role in improving the quality of life, at large.
2 min |
February 2017
Bio Spectrum
“The Field Of Healthcare Is Changing Big Time Now”
“The Field Of Healthcare Is Changing Big Time Now”
3 min |