Five pharma companies to collaborate for clinical trial of Molnupiravir for treating mild COVID-19
Five pharma companies to collaborate for clinical trial of Molnupiravir for treating mild COVID-19

Five pharma companies to collaborate for clinical trial of Molnupiravir for treating mild COVID-19

Molnupiravir is an oral anti-viral that inhibits the replication of multiple RNA viruses including SARS-CoV-2.

Apurva Joshi Article rating: 4.7

Cipla, Dr Reddy’s Laboratories, Emcure Pharmaceuticals, Sun Pharmaceutical Industries and Torrent Pharmaceuticals have announced today that these five companies will collaborate for the clinical trial of the investigational oral anti-viral drug Molnupiravir for the treatment of mild COVID-19 in an outpatient setting in India.

Power Mech Projects makes 52-week high on bagging project from CCL worth Rs 9,294 crore
Power Mech Projects makes 52-week high on bagging project from CCL worth Rs 9,294 crore

Power Mech Projects makes 52-week high on bagging project from CCL worth Rs 9,294 crore

As per company’s management, the project will add more than Rs 400 crore annually to its top line.

Apurva Joshi Article rating: 4.5

Power Mech Projects Limited has made a new 52-week high of Rs 767.30 today after it won a mine development & operation (MOO) project from Central Coalfields Limited (CCL), a subsidiary of Coal India Limited, aggregating to Rs 9,294 crore over the contract period. 

HFCL to set up second model PM-WANI village in Karnataka after Haryana
HFCL to set up second model PM-WANI village in Karnataka after Haryana

HFCL to set up second model PM-WANI village in Karnataka after Haryana

This PM-WANI network will provide high-speed Wi-Fi internet to over 9,000 residents of the otherwise poorly-connected village located in Brahmavara Taluk, Udupi district.

Apurva Joshi Article rating: 4.2

HFCL Limited in collaboration with Telecom Infra Project (TIP) has announced setting up their second PM-WANI powered connectivity for Baidebattu village in Karnataka. 

Cadila Healthcare extends JV agreement with Bayer PTE for 3 years
Cadila Healthcare extends JV agreement with Bayer PTE for 3 years

Cadila Healthcare extends JV agreement with Bayer PTE for 3 years

Apurva Joshi Article rating: 4.6

Cadila Healthcare Limited as a joint venture partner has signed an agreement to extend the tenure of the joint venture agreement (JVA) with Bayer (Southeast Asia) PTE Limited, one of the companies of Bayer Group, for a period of three years. 

Buzzing stock: Datamatics Global Services makes new 52-week high
Buzzing stock: Datamatics Global Services makes new 52-week high

Buzzing stock: Datamatics Global Services makes new 52-week high

Apurva Joshi Article rating: 4.5

Datamatics Global Services Limited has made a new 52-week high of Rs 179.70 today by surging 15 per cent during the early morning session. On a YTD basis, the stock has given a return of approximately 55 per cent to the investors.

Lupin gets USFDA nod for Sevelamer Hydrochloride tablets for treating chronic kidney disease
Lupin gets USFDA nod for Sevelamer Hydrochloride tablets for treating chronic kidney disease

Lupin gets USFDA nod for Sevelamer Hydrochloride tablets for treating chronic kidney disease

Apurva Joshi Article rating: 4.0

Lupin Limited has received approval for its Sevelamer Hydrochloride tablets, 400 mg & 800 mg from United States Food & Drug Administration (USFDA) to market a generic equivalent of Renagel tablets, 400 mg & 800 mg, of Genzyme Corporation. The product will be manufactured at Lupin’s facility in Nagpur (Maharashtra). 

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