ICT receives grant for Brucellosis vaccine

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Category: Technology Trends

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

Roselabs to manufacture pre-filled-syringes in India

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Category: Technology Trends

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.

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

Novo Norsdik plans Tresiba- a insulin degludec in India

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Category: Technology Trends

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.

Helvoet Pharma to set up new pharma packaging unit in Pune SEZ

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Category: Technology Trends

Helvoet Pharma, of Switzerland-based Daetwyler Group is setting up a manufacturing base in Satara in the upcoming SEZ in Pune. It is setting up a pharma packaging components with a capacity of 1 billion pieces which is likely to be ramped up to 4 billion pieces by 2015. This facility will also serve as a export base to neighbouring countries. The new unit will go operational by early 2012.