Example of a dud M&A. I hope #Biocon’s #Viatris Biologics doesn’t see the same fate. They reduced their debt by $200mn last quarter, if this trajectory continues, things will start to look up 🤞
https://t.co/sTDz3yGm1k
Arvind hadn’t seen a movie in a cinema hall since that fateful night 14 years ago. He just couldn’t bring himself to go back to a place that only held memories he’d tried very hard to suppress. Sometimes the lure of the cinema hall almost overwhelmed him, but those memories …+
@jeevanpatwa@darshanvmehta1 And all major drug companies that took up this challenge have failed - Merck, Roche etc. And there is a chance that even Aducanumab’s approval may be rescinded (trial ongoing).
@jeevanpatwa@darshanvmehta1 200+ drugs for Alzheimer’s have failed in the clinic. A major reason for Biogen drug approval was lack of anything for patients. Going forward, drug candidates will be met with the same scrutiny & might not get approved since “patients have nothing” argument is over.
But Biden government hasn’t released the raw material embargo for the Novavax vaccine that SII is making. So now we will have the tech for free, but no raw material to actually make it?
Which company in India can manufacture never-used-before mRNA vaccines of Pfizer and Moderna? Do we have any takers?
Maybe the J&J one can be made?
#indiavaccine#patent
These extraordinary times and circumstances of call for extraordinary measures.
The US supports the waiver of IP protections on COVID-19 vaccines to help end the pandemic and we’ll actively participate in @WTO negotiations to make that happen.
Gilead sues Russia over compulsory license for Remdesivir. Will India issue CL for vaccines? If yes, then will Big Pharma go the suing route as well? #CovidIndia#IndiaCovidCrisis#statnews
@arpit971 And I think the bridging studies are necessary because we do not know how does the vaccine react in an individual who is of Indian origin, lives in the tropical climate, eats a different diet, etc. Lot of push in the US to include more diversity in trials.
Looking forward to host the Principal Economic Advisor to the MoF @sanjeevsanyal in an exclusive virtual meeting with Ashika Institutional Equity to discuss #Budget2021.
@harshmadhusudan