ICT receives grant for Brucellosis vaccine

Institute of Chemical Technology (ICT), Mumbai has received a prestigious grant from Bill & Melinda Gates Foundation to develop the first green nanovaccine for nasal immunization against brucellosis. Prof. Vandana Patravale, ICT, Matunga was awarded USD100,000 in phase I of Grand Challenges Explorations Round 11 for developing the cost-effective vaccine technology from over 2700 applications. The sub-unit nanovaccine aims to confer long term protective immunity to humans and livestock population. Currently, Brucellosis is a zoonotic bacterial infection with a potential to be exploited as a bioweapon, and currently no human vaccine is available for treatment

Novo Norsdik plans Tresiba- a insulin degludec in India

Novo Norsdik, a Denmark based global healthcare organization is based in India. The company plans to launch 'Tresiba' a long lasting insulin injection in India. The drug used for Type I and Type II diabetes is likely to be available by end of 2013. It is once-daily injection and will be long acting till 42 hours, thereby providing patients enough time to manage the disease. Tresiba will be available in pre-filled pen enabling does upto 80 units in a single injection.

Roselabs to manufacture pre-filled-syringes in India

Roselabs Bioscience Ltd and Roselabs Polymers Ltd is planning to invest Rs. 4000 million to manufacture pre-filled syringes in India. The method of using pre-filled syringe is designed to provide assured sterility, safety, convenience, greater accuracy, minimal over-filling, least medical waste, freedom from needle phobia and least chances of accidental needle stick injuries. The company has the capacity to manufacture 8 lakh syringes daily. Currently, 95% of pre-filled syringes are imported.

Latest News :

The company is in the process of raising Rs. 1000 million towards private equity placements and venture capital

Indo Phyto Chemicals to expand its bulk drug unit in Shakanpur in Pirumadara

Indo Phyto Chemicals is to expand its bulk drug unit in Shakanpur in Pirumadara in Nainital in Uttarakhand with an investment of Rs. 50 million. The project involves expanding its bulk drug unit to produce Estradiol, Levonorgestrel, Norethisterone, Allylestrenol, Lynestrenol, Nandrolone Decanoate, ThiopentalSodium, Spironolactone, Solnaftate,Disulfiram etc., and will have a total capacity of 140000 kg /year .

Indo Phyto Chemicals Private Limited Village Shakhanpur, P.O. Pirumadara District Nainital, Uttarakhand- 244714. E-mail: [email protected]; Fax No.: 05947-282128; 282328