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Pfizer vaccine worries Norway as 29 elderly people die after taking shot

Official reports of allergic reactions have been rare as governments rush to roll out vaccines to try to contain the global pandemic. U.S. authorities reported 21 cases of severe allergic reactions from Dec. 14-23 after administration of about 1.9 million initial doses of the Pfizer vaccine. The first Europe-wide safety report on the Pfizer-BioNTech vaccine is due to be published at the end of January.

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Metropolis Healthcare to acquire Hitech Diagnostic Centre in a cash, stock deal

By the acquisition, Metropolis will get an access to 31 laboratories, including three NABL- and ICMR-accredited laboratories and 68 collection centres of Hitech. The acquisition is expected to be completed within three months, it added.

Metropolis Healthcare Managing Director Ameera Shah said, “In line with the strategy to grow, gain market share and increase B2C (business-to-consumer) revenues in focus cities, we are acquiring Hitech Diagnostic Centre which will strengthen our leadership position in the South India market.”

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UK begins major trial for new inhaler-based Covid-19 treatment

“We need treatments as well as vaccines to fight highly pathogenic viruses such as SARS-CoV-2 [Covid-19]. Development of treatments like ours will remain necessary in cases where vaccines are not effective, for those who do not get vaccinated, and in case the virus mutates to the point where vaccines become less effective,” said Richard Marsden, CEO of Synairgen.

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FPIs invest Rs 14,886 cr in first half of January

The strong flows are on account of the positive bias towards emerging markets and because of strong third-quarter earnings thus far besides decreasing domestic COVID-19 cases, said Rusmik Oza, executive vice president, head of fundamental research at Kotak Securities.

The forthcoming US stimulus could be another trigger for positive FPI bias towards emerging markets and India, he added.
”Going ahead, the market could be volatile given the ongoing earning season and the weak global cues. Run-up to the Budget would also add to the volatility,” said Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd.

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