29 Nov2013

Ranbaxy to sell vaccine business Biovel after facing loss

Ranbaxy decides to sell its Bangalore-based vaccine business Biovel, after incurring losses worth $7.8 million in the quarter alone

Biovel was working in segments like cardiology, endocrinology, oncology, dermatology and gynaecology and also making typhoid and influenza vaccines

Bangalore: Ranbaxy is going to exit its Bangalore-based vaccine manufacturing company, Biovel, according to Business Standard. Ranbaxy acquired Biovel in 2010 marking its foray into the vaccine business.

29 Nov2013

Aus, Canada study find how diabetes drug metformin works

Posted in News, World

The scientists have discovered how the type 2 diabetes drug metformin actually works, providing a molecular understanding that could lead to the development of more effective therapies

Scientists have wondered for more than 50 years whether metformin worked to lower blood glucose in patients by directly working on the glucose

Researchers from St Vincent’s Institute of Medical Research in Melbourne, Australia, in collaboration with researchers at McMaster University in Canada, have reported to discover how the type 2 diabetes drug metformin actually works, providing a molecular understanding that could lead to the development of more effective therapies.

Ranbaxy to sell vaccine business Biovel after facing loss

Ranbaxy decides to sell its Bangalore-based vaccine business Biovel, after incurring losses worth $7.8 million in the quarter alone

Aus, Canada study find how diabetes drug metformin works

The scientists have discovered how the type 2 diabetes drug metformin actually works, providing a molecular understanding that could lead to the development of more effective therapies

Live tweets

Contact Us

Quick Links