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Strides Pharma Science inks pact with MPP to commercialise molnupiravir in global markets

New Delhi, Jan 20 (PTI) Strides Pharma Science on Thursday said it has inked a partnership with Geneva-based Medicines Patent Pool (MPP) to commercialise antiviral drug molnupiravir in the international markets. The company and its subsidiary, Universal Corporation (Kenya), have entered into a voluntary non-exclusive sub-license partnership with MPP covering 105 countries, the drug firm [...]

Insolvency: Videocon lenders invite fresh expressions of interest by Feb 2

New Delhi, Jan 20 (PTI) The consortium of lenders of Videocon Industries has invited fresh expressions of interest for the debt-ridden group after the insolvency appellate tribunal rejected the approval of Rs 2,692 crore bid by Vedanta Chairman Anil Agarwal-promoted Twin Star Technologies earlier this month. Pursuant to the order of the National Company Law [...]

FSS partners with UAE’s first digital banking platform

Chennai, Jan 20 (PTI): Integrated payments technology company FSS (Financial Software and Systems) has partnered with the United Arab Emirates-based YAP, a digital banking platform, to deliver secure, digital first-card experiences to consumers in the Middle-East and African regions. Under the partnership, YAP and FSS would work to deliver greater value to customers by combining [...]

Tesla Power USA Enters Wellness Business With Launch of Alkaline RO Water Purifiers

New Delhi, Delhi, India – Business Wire India Tesla Power USA announces the launch of their wellness division “Tesla Healthy Life” with its product range in Alkaline RO Water Purifiers. Tesla Power USA brings their expertise in water business with their cutting-edge technology to provide healthy water to everyone at an affordable cost. Tesla Healthy [...]

Natco Pharma signs pact with MPP to sell Molnupiravir capsules

New Delhi, Jan 20 (PTI) Natco Pharma Ltd on Thursday said it has signed a non-exclusive license agreement with the Medicines Patent Pool (MPP), Switzerland to manufacture and sell Molnupiravir capsules 200 mg for treatment of COVID-19. MPP had taken licence from Merck Sharp & Dohme Corp (MSD), USA for the same, the company said [...]

M2P Fintech raises USD 56 mln from Insight Partners, MUFG arm

Mumbai, Jan 20 (PTI) M2P Fintech, which calls itself a financial infrastructure company, on Thursday announced a USD 56 million (about Rs 409.7 crore) fundraise led by New York-based private equity fund Insight Partners.Japan's MUFG Innovation Partners and existing investors Tiger Global and Better Capital also participated in the funding round, a statement said, adding [...]

JM Financial PE leads Rs 100 cr investment in BigHaat Agro

New Delhi, Jan 20 (PTI) Agri-digital platform BigHaat Agro has raised Rs 100 crore in a funding round led by JM Financial Private Equity.Apart from JM Financial Private Equity, Beyond Next Ventures, one of the earlier investors in BigHaat, also participated in the funding round.Proceeds from the investment will support augmentation of the existing technology infrastructure [...]

Australia’s Blackmores enters into distribution partnership with Udaan

New Delhi, Jan 20 (PTI) Australia-based health and dietary supplements company Blackmores on Thursday announced a distribution partnership with B2B e-commerce firm Udaan for its range of multi vitamins products. As part of the partnership, Blackmores' range of premium multi vitamins products will be available to independent pharmacies in India through Udaan "The launch on [...]

Mahindra partners with SAP for digital transformation

New Delhi, Jan 20 (PTI) Mahindra & Mahindra (M&M) on Thursday said it has partnered with SAP to spearhead its digital transformation journey. SAP will enable the Mumbai-based automaker to successfully modernise its technology landscape and enhance overall operations. "Agility and business innovation is a priority in the changing industry dynamics and customer expectations. We believe [...]
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