Dr. Reddy’s announced the launch of AVIGAN (Favipiravir) 200 mg Tablets in India. The launch is part of the global licensing agreement with FUJIFILM Toyama Chemical Co. Ltd. that grants Dr. Reddy’s the exclusive rights to manufacture, sell and distribute AVIGAN (Favipiravir) 200 mg Tablets in India. AVIGAN (Favipiravir) has been approved by the Drugs…
Sun Pharmaceutical Industries Ltd, a Mumbai-headquartered pharmaceutical company, announced that it has received approval from the Drugs Controller General of India (DCGI) to initiate a clinical trial with Nafamostat Mesilate in Covid-19 patients. The company said that Nafamostat is approved in Japan for improvement of acute symptoms of pancreatitis and treatment of Disseminated Intravascular Coagulation…
Ashok Leyland, an Indian automobile company headquartered in Chennai, announced in their exchange filing that the company has resumed operations at their manufacturing facilities. Vipin Sondhi, Managing Director & CEO, Ashok Leyland Limited, said, “With the relaxation of the lockdown, we have resumed operations in all our plants across the Country, after obtaining necessary approvals…
Glenmark Pharmaceuticals, a research-led integrated global pharmaceutical company, announced that it has initiated Phase 3 clinical trials in India on Antiviral tablet Favipiravir, for which it received approval from India’s drug regulator DCGI in late April. Glenmark claims to be the first company in India to initiate Phase 3 clinical trials on Favipiravir for COVID-19…
Hexaware Technologies Ltd announced it has developed KareRing, a cloud-based, quarantine zone care management software solution and mobile application that provides institutional care providers a care management dashboard, quarantine zone tracking and reporting facility. The company said that the healthcare organizations, community hospitals, governments, NGOs, law enforcers, communities, enterprises and care providers can use the…
The fight against the coronavirus is turning out to be a long battle which needs to be fought with full force, planning, dedication and great support. The number of cases around the world are still on the rise creating great demand for health equipment, masks, PPEs, testing kits and others to deal with the crisis.…
The novel coronavirus which originated from China has now started to engulf India. So far, the virus has claimed more than 80 lives in India and infected more than 3,000 people. The COVID-19 pandemic presents an unprecedented challenge to the nation. This crisis calls for an even stronger and concerted action from corporate citizens to…
The grant aims to support ideas that are capital efficient, scalable and can be leveraged to fight the spread of the pandemic. The Action Covid Team (ACT) Grants has already raised Rs 70 Cr. from its target corpus, has funded 2 projects, and has over 45 volunteers. The initiative has seen the participation and support from leading start-up investors, fund managers from top VC firms, and prominent start-up CEO’s. Amongst the backers are Sequoia India, Accel, SoftBank, Coatue, Tiger Global, B Capital as well as leading start-up founders and entrepreneurs, along with industry bodies TiE, IVCA, Nudge foundation.
ValueLabs, a Hyderabad-based IT & Services company, announced a total donation of $730,000 to help address relief measures for the COVID-19 situation. In order to engage everyone who wants to contribute to this cause, the company launched a donation drive over the weekend, enabling their global workforce to join hands and pledge their donations. Within…
As India entered the 6th day of its nationwide lockdown due to the coronavirus pandemic, the government has step-up its efforts to further prevent the virus from spreading rapidly and contain it as soon as possible. The novel coronavirus which originated from China has now entered India. The Ministry of Health and Family Welfare has…
MCX, the largest commodities bourse in India with a market share of more than 90%, is offering up to 3x more salaries to its select few employees, who are working from office. MCX employs around 400 people across India and 300 of them are based in its Mumbai headquarters. “Since last Friday, 50 of our…
Industrialists and companies across the globe are coming together to fight these unprecedented situations created due to the coronavirus pandemic. Every day companies and leaders are joining the fight against Covid-19, announcing their contribution to contain the further spread of the coronavirus in India and the world. Asian Paints has announced its contribution of Rs.…
HCL Technologies, an Indian multinational information technology service and consulting company, releases a statement to update its employees and others associated with the company on how it is dealing with unprecedented situations caused by the coronavirus pandemic. According to their statement: “HCL Technologies Ltd (HCL) has been monitoring the Covid-19 outbreak since late January and…
The State governments of India are leaving no stone unturned to make 21-days lockdown successful in their states and to further stop the menace caused by the novel coronavirus. Every day state governments across the nation are coming up with measures that can help its citizens to pass through these 21 days easily without worrying…
India’s industrialists are coming together to fight the novel coronavirus that has created havoc in the entire world. In order to stop the further spreading of the virus, countries are on full nationwide lockdown. In such crisis, the Godrej group has come forward to join the fight in order to overcome the unprecedented coronavirus pandemic,…