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Selling
stem cells
While adult stem cell therapy currently dominates the global
stem cells market with a share of almost 58 percent, the global
stem cell market is expected to touch the $20 billion mark
by 2010. Sushmi Dey finds out what is happening on the Indian
front
GVK
BIO raises Rs 100 crore from Sequoia Capital
GVK Biosciences (GVK BIO), a pharma and biotech research and
development outsourcing company, has announced that Sequoia
Capital, a global private investment firm has invested Rs
100 crore in the company.
Arch
Pharmalabs to acquire majority stake in Avon Organics
The board of directors of Avon Organics passed a resolution
at their meeting to allot equity shares on a preferential
basis to Arch Pharmalabs at an undisclosed price.
Sanofi
Pasteur introduces Pentaxim in India
Sanofi Pasteur, the vaccine division of Sanofi Aventis, has
launched Pentaxim, the pentavalent pediatric vaccine in India.
Nicholas
Piramal partners with Merck for drug discovery and development
Nicholas Piramal India (NPIL) and Merck, which operates in
India through its subsidiary, MSD Pharmaceuticals, has announced
a research and development collaboration agreement to discover
and develop new drugs for two selected targets provided by
Merck.
Argenta
and Dr Reddy identify drug candidate for chronic respiratory
diseases
Argenta Discovery, a respiratory drug discovery and development
company, and Dr Reddy's Laboratories has announced a major
milestone in their development programme targeting a novel
disease-modifying approach to treat the underlying cause of
certain chronic respiratory diseases, including chronic obstructive
pulmonary disease (COPD) and severe asthma.
Events
59th
API and Interphex China
After Interphex India, its now turn for API and Interphex
China. While India and China both have emerging pharmaceutical
industries, such exhibitions are always productive for the
industry world over. Sushmi Dey surveys the event
Pharma
Convention held in Orissa
The first national convention of the Indian Association of
Pharmaceutical Scientists and Technologists (IAPST) recently
concluded at the beach town of Gopalpur in Orissa.
Three-for-one
strategy scores at CPhI, P-MEC, ICSE India
Mumbai recently played host to four days of intense deal-making
and information exchange at the co-located CPhI India, P-MEC
India and ICSE India. Express Pharma, as the Exclusive Media
Partner to the P-MEC show, had a ringside view of the events
as they unfolded. We bring you the highlights
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