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Health & Fitness / The Economic Times

Daiichi comments continue to damage interests: IHH Unit

Northern TK Venture, a subsidiary of IHH Healthcare, has increased its legal claim against Daiichi Sankyo. The claim is now for 11,800 crore. NTK alleges Daiichi Sankyo blocked its 2018 open offer for Fortis Healthcare. Daiichi Sankyo denies these claims. NTK seeks damages and an injunction against Daiichi Sankyo's statements. The next court hearing is scheduled for July 11.

30 May 2025 12:10 am
Flush expired, unused opioids down the toilet, says regulator

Drug regulatory authority mandates disposal of unused opioid drugs and painkillers. This action aims to prevent misuse and health risks. Central Drugs Standard Control Organisation has listed 17 harmful medicines for disposal. Some drugs should be flushed, while others can be collected through 'drug take back' programs. Unscientific disposal causes environmental pollution and drug resistance.

29 May 2025 12:14 am
India gears up to reboot ICU standards, fix doctor drain, and cash in on global med travel

India is developing a structured critical care framework to bridge infrastructure and human resource gaps. Led by NITI Aayog, the initiative will define resource allocation, patient prioritization, and standards for critical care units nationwide. This aims to improve domestic healthcare and attract medical tourists, addressing current imbalances and talent drain while preparing for future health crises.

27 May 2025 11:47 pm
Novartis offers payment plan for high-cost heart medicine

Novartis introduces a financing scheme with Pine Labs for its cholesterol-lowering drug, Sybrava (inclisiran), in India, aiming to broaden access by offering zero-interest EMI options. This strategy addresses the drug's high cost, previously 1.2 lakh per injection, and involves partnerships with Mankind Pharma, JB Pharma, and Lupin to expand market reach.

27 May 2025 12:20 am
Quadria's third fund nets $1 billion, to deploy 60% in India

Quadria Capital, an Asia healthcare-focused private equity firm, has successfully raised $1.07 billion for its third fund, surpassing its initial $800 million target. The oversubscribed fund will allocate approximately 60% of its capital to India, with the remainder invested in ASEAN countries. This fund also marks the first time Quadria Capital has received significant domestic capital commitments from Indian institutions.

26 May 2025 11:36 pm
Lupin inks licensing deal to supply biosimilar ranibizumab in Latin America

Lupin, an Indian drug maker, partners with SteinCares. The agreement focuses on ranibizumab's commercialisation. Latin America, excluding Mexico and Argentina, is the target. SteinCares will handle regulatory aspects. Lupin will manufacture the biosimilar drug. This collaboration aims to improve retinal care access.

26 May 2025 2:12 pm
VC funding, influencers power Indias health supplements craze amid lingering safety concerns

Fast forward to 2025, and a whole new market has emerged gummies to enhance your hair health, powders to boost collagen, liquid for gut, pills for womens perimenopause hormonal imbalance, magnesium tablets for better sleep, testosterone boosters, capsules with calming properties and vegan versions of all these.

26 May 2025 5:30 am
Chinas India Headache: The growing pharmaceutical industry

Indian CDMOs are strategically expanding through acquisitions in the US and Europe, driven by global pharma's nearshoring trend and a desire to diversify from China. These companies are investing in advanced technologies and specialized capabilities, particularly in biologics and complex chemistry, to capture a larger share of the global market.

24 May 2025 11:09 pm
Cuts have eliminated more than a dozen US government health-tracking programs

US Health Secretary Robert F. Kennedy's plan to Make America Healthy Again faces challenges as government cuts eliminate over a dozen data-gathering programs tracking deaths and diseases. The CDC lost experts monitoring areas like abortions, lead poisoning, and violence. Critics warn that these cuts will hinder the ability to understand and address health issues effectively.

4 May 2025 7:09 pm
With weight-loss drugs, going under the knife may lose edge

The introduction of weight-loss medications like Mounjaro and Wegovy in India may lead to a decrease in bariatric surgeries as obese individuals with a BMI of 30-35 may opt for drugs first. While surgeries can result in 70-80% weight loss, drugs offer a less invasive option, though potentially less effective at 15-20%.

3 May 2025 5:30 am
Australian woman unknowingly gives birth to a stranger's baby after IVF clinic error

In a devastating incident, an Australian woman unknowingly carried and gave birth to another couple's baby due to a mix-up at a Monash IVF clinic in Brisbane. The clinic attributed the error to a human error during the embryo transfer process.

11 Apr 2025 10:43 am
Trump signals major tariff on pharma imports, Indian drugmakers could face impact

Donald Trump announced a forthcoming major tariff on pharmaceutical imports, aiming to incentivize drug companies to relocate operations to the U.S. He also stated he warned Taiwan Semiconductor Manufacturing Company (TSMC) about potential taxes if they didn't establish U.S. plants. Trump criticized the Biden administration's $6.6 billion grant to TSMC's U.S.

9 Apr 2025 6:33 am