This novel anti-infective, invented by Orchid Pharma, aims to address the rising threat of antimicrobial resistance (AMR) and has been approved for the treatment of complicated urinary tract infections (cUTI), hospital-acquired pneumonia (HAP), and ventilator-associated pneumonia (VAP)
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The integration is expected to enhance efficiency, reduce errors, and streamline processes, ultimately doubling Urmedz's order processing capacity
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Data suggests that 1.2 million deaths in India are due to antimicrobial resistance (AMR), with an estimated 10 million deaths by 2050
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The facility has been granted a Voluntary Action Indicated (VAI) status following an inspection that took place from May 7 to May 17, 2024
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A study by business consultancy firm Grand View Research has estimated that the global pharma robotics market will expand at a CAGR of 8.7 per cent from 2023 to 2030 to reach USD 357.9 million by the end of this decade
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Studies suggest that women spend 25 per cent more time in poor health compared to men
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The transaction has been executed through the Kotak Strategic Situations Fund II
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In a recently released monthly spend data it has been realised that the average Indian household spends almost 5.9 per cent of the monthly spending on health
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The investment, in exchange for an undisclosed equity stake, is set to expedite Orbicular's product pipeline development
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On an yearly basis, gross profit for FY24 was Rs16,291 million, up 22 per cent from Rs 13,328 million in FY23
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