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Licences of 18 pharma firms cancelled for manufacturing spurious drugs, 26 issued show-cause notices
An official source said that the action has been taken against 76...
Expenses of Management(EoM): IRDAI fixes at 30% for general insurers,35% for health insurers
Premium in Rs, crore The new limit on EoM will be effective from...
Nobel scientists urge face mask rethink as Sweden’s COVID cases climb
Sweden’s soft-touch pandemic response has focused mostly on voluntary social distancing and the Public Health Agency has cast doubt on the effectiveness of face masks, which are mandatory in many public places in Europe.
However, a report on Thursday by the Royal Academy of Sciences said that face masks could play a role in reducing infection, particularly in enclosed spaces.
Global economy recovering, but may be losing momentum, says IMF chief Kristalina Georgieva
While fiscal spending of nearly $12 trillion and monetary policies had averted even worse outcomes, poverty and inequality were increasing, and more support was needed, the IMF said.
New outbreaks and more stringent mobility restrictions, and delays in vaccine development and distribution could reduce growth, increase public debt and worsen economic scarring.
Wildlife diseases poised to spread northwards as climate changes: study
The study projects increasing spread over the next five decades of wildlife diseases caused by bacteria, fungi, viruses and infectious worms. There are serious implications for humans, said co-author Jason Rohr of the University of Notre Dame, Indiana.
“We do know that 75% of emerging infectious diseases have a wildlife origin,” said Rohr, who runs an ecology and public health lab at Notre Dame. “We should be concerned for our own health when we see studies suggesting that there could be increases in infectious disease in wildlife.”
COVID-19 caseload in India breaches 89-lakh mark
The number of active cases remained below 5 lakh for the eighth consecutive day.There are 4,46,805 active cases of coronavirus infection in the country as on date which comprises 5.01 per cent of the total caseload, the data stated.
The total recoveries have surged to 83,35,109 pushing the national recovery rate to 93.52 per cent, while the COVID-19 case fatality rate stands at 1.47 per cent.
FDA approves first COVID-19 test kit for home use
The single-use test, made by Lucira Health, has been given emergency use authorization for home use with self-collected nasal swab samples in individuals aged 14 and older who are suspected of COVID-19 by their health care provider, the FDA said.“While COVID-19 diagnostic tests have been authorized for at-home collection, this is the first that can be fully self-administered and provide results at home,” FDA Commissioner Stephen Hahn said.
Covid-19 Pandemic to slow down top 10 largest global insurance markets in 2020
The world’s 10 largest insurance markets, in order, as defined by total premium written in 2018-2019, are: the United States, China, Japan, the United Kingdom, France, Germany, South Korea, Italy, Canada and Taiwan. The Triple-I’s projection of a 4.5% GDP decrease in the world’s 10 largest insurance markets in 2020 as compared to 2019 was weighted based on the total premium written in each one.
Pfizer moves US court against Aurobindo Pharma, Dr Reddy’s on cancer drug
Pfizer filed the possible patent infringement petition against both the companies in the United States District Court for the District of Delaware on two counts last week.
India in talks with Moderna for its Covid vaccine candidate: Sources
According to the New Drugs and Cosmetics Rules 2019, any new drug or vaccine which has been tested and got regulatory approval outside India, will have to undergo bridging phase 2 and 3 clinical studies for its secure regulatory approval here.
Amazon launches online pharmacy in new contest with drug retail
The company founded as an online bookseller has disrupted industries including retail, computing and now potentially pharmaceuticals, drawing criticism of its size and power from labor groups and lawmakers along the way.
The company said Prime subscribers get up to 80% off generic and up to 40% off brand drugs when they pay without insurance, as well as two-day delivery.
Should Prime members prefer buying in person, Amazon said its discounts on non-insurance purchases apply at more than 50,000 brick-and-mortar pharmacies – including those run by rivals. Inside Rx, a subsidiary of Cigna Corp’s Evernorth, administers that benefit, Amazon said.
Dip in new COVID-19 cases, India records 29,163 infections in single day
The number of active cases remained below 5 lakh for the seventh consecutive day.There are 4,53,401 active cases of coronavirus infection in the country as?on date?which comprises 5.11 per cent of the total caseload,the data stated.?
The total recoveries have surged to 82,90,370 pushing the national recovery rate to 93.42 per cent,while the COVID-19 case fatality rate stands at 1.47 per cent