Quick view: Cipla to market MSDs HIV drug in India

Updated: Feb 21 2014, 05:56am hrs
Cipla to market MSDs HIV drug in India

Cipla and MSD on Thursday announced an India specific strategic partnership under which the former will have a non-exclusive licence to market, promote and distribute MSDs raltegravir 400 mg tablet, an HIV drug, under a different brand name. MSD is the trade name of US-based Merck operates in India through three separate legal entities: MSD Pharmaceuticals, Organon (India), and Fulford (India).

Jubilant arm expands drug find alliance with Janssen

Jubilant Biosys, an arm of Jubilant Life Sciences, on Thursday announced expansion of its drug discovery alliance with Janssen Pharmaceutica into multiple therapeutic areas. The alliance which was forged initially in 2011 to deliver preclinical candidates to Janssen, has been expanded to leverage Jubilants drug discovery capabilities on selected drug discovery targets to advance programmes in multiple disease areas, the company said in a statement. Most of the research will be undertaken at Jubilant Biosys, India and some parts at Jubilant Discovery Centre, USA, it added.

Cargill to start operating Karnataka unit by June 15

Diversified group Cargill India will start operating its $100-million mill in Karnataka by June next year, processing about 800 tonnes of locally sourced corn per day, a top official of the company has said. We expect to start production from June next year. Construction of the mill started recently, the companys chairman Siraj Chaudhry said. The mill is based in the heart of corn growing areas of Karnataka.

Shapoorji Pallonji to build a new facility in Dubai

Shapoorji Pallonji has been appointed the main contractor for a new medical centre based in Dubai Healthcare City. The facility, which is being built for the client Dr Sulaiman Al Habib Group, will provide 175,000 sq ft of internal space arranged over six floors. Having built our first hospital in the UAE in 1980 in Abu Dhabi, were proud that over thirty years later we continue to support healthcare in the market with the same diligence, said MD Saini, CEO (construction division), Shapoorji Pallonji.

Steady rise in casualties at SAIL plants, says Beni

The number of casualties due to fatal accidents such as fall from height, explosion, fire and electrocution rose consistently in SAIL plants between 2011 and 2013, Parliament was informed on Thursday. Such accidents caused 21 deaths in 2011, 27 in 2012 and 28 in 2013 in plants of SAIL, steel minister Beni Prasad Verma said.

Thomas Cook India 2013 PAT up 36% at R68.7 cr

Thomas Cook on Thursday posted a 36% growth in profit after tax of over to R68.7 crore compared with the year-ago period. The companys PAT stood at R50.4 crore in 2012, Thomas Cook said. Income from operations surged by 201% to R1,296 crore in in 2013, compared with R430 crore in 2012.

Wipro and Agnik to offer advanced car info services

Wipro on Thursday said it will collaborate with Agnik to offer advanced connected car information technology services and platforms for the auto industry. The services will be powered by Agniks Big Data Analytics products, which analyse vehicle and driver performance information along with context data, using a blend of onboard and cloud-based distributed analytics, Wipro said.

Manpower, Cirrius tie up for mobile tech platform

ManpowerGroup has launched a mobile technology platform that will help its clients to track and enhance employee productivity. It has entered into a strategic alliance with Cirrius Wireless Technologies in this regard. Empowered Manpower has been launched in India initially for the pharmaceutical, BFSI and retail industry verticals and would be extended to other areas shortly, said a company release.

MobMe hires Viom CEO,

2 others for top posts

Kerala start-up MobMe Wireless Solutions has hired Viom Networks CEO Syed Safawi, former Union Bank of India and Dena Bank CMD Mavila Vishwanathan Nair and former State Bank of Travancore MD P Nanda Kumaran to the advisory panel. Kumaran will also serve as the acting CFO of MobMe until a permanent executive is appointed.

Ramcos 1st aviation-on-cloud customer is Brazil co

Ramco Systems, aviation software provider, has announced that Modern Logistics, one of Brazils first end-to-end logistics supply chain company, will be its first aviation-on-cloud customer in Brazil. This marks Ramcos entry into the air cargo segment. Modern Logistics will implement Ramcos full suite maintenance & engineering solution, comprising engineering & programmes, , along with HCM and finance & accounting.