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Wednesday, 16 October 2019

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Reenita Das, Partner & Senior VP, Transformational Health, Frost & Sullivan
FROM THE ARCHIVES
Strides receives USFDA approval for Solifenacin Succinate ta Empowering young people to make informed choices about their OPPI re-elects A. Vaidheesh as President New NIH program provides treatment for inherited blood and i Global Bio-India Summit 2019 gears up to showcase the latest Zydus’ Clobetasol Propionate Lotion gets final USFDA nod Bactiguard inks global license pact with Zimmer Biomet My Heart Your Heart- Celebrating World Heart Day 2019 Biocon announces price reduction for insulin NIH to accelerate progress in TB vaccine development OncoStem receives innovation award from NASSCOM Cipla launches Daptomycin for Injection MedGenome unveils first diagnostic lab for autoimmune diseas "Contract manufacturing is the fastest-growing part of the i Onco.com raises $7M in Series A funding AstraZeneca receives DCGI approval for type 2 diabetes drug Health Minister launches new campaign for TB elimination Agilent introduces Intelligent LC/MS for Chromatographers in Bayer, BWH, MGH open joint lab for research Lupin appoints Jon Stelzmiller as president of US specialty USV to invest Rs 4000 M in new formulation plant Vitrakvi receives first tumor-agnostic approval in EU Kolkata to host 5th India International Science Festival Transasia receives ZED Diamond Quality rating AYUSH Ministry announces establishment of 3 new hospitals Laurus Labs acquires subsidiary of Aspen Pharmacare Aster DM collaborates with Karnataka Lingayat Education Soci IL-17A inhibitors offers new wave of treatment efficacy for Docprime launches online consultations via audio NNR treats 45-years-old suffering from Skin Psoriasis AbbVie to present new and updated data from 22 abstracts Engineers at Jaguar develop novel 3D printed gloves for work Merck’s PIFELTRO™ and DELSTRIGO™ get FDA permission to treat Government launches ‘UMMID’ initiative to tackle inherited d 3M India launches quality improvement program in Infusion th Healthcare meets Information Technology in Hyderabad Biocon Biologics expands R&D footprint Accessibility in healthcare is key to empowering individuals Boehringer Ingelheim puts focus on novel therapies for retin Medlife unveils campaign to spread awareness about CPR Roche Diabetes Care appoints new GM for India BioMed X completes research collaboration with Roche Rybelsus by Novo Nordisk gets USFDA approval Dr. Reddy’s launches OTC Lansoprazole capsule in the U.S. ma Public Health & Evolving Emphasis of Technology USFDA completes PAI of Biocon facilities in Bengaluru Eisai Pharma and Mylan collaborate to promote, distribute er Countries must invest at least 1% more of GDP on primary hea Strides Board approves incremental investments in Stelis Hyderabad showcases newest laboratory technologies Bengaluru to host 3-day BTS event from November 18 Virinchi with RRI to develop innovative kidney failure treat Karnataka to set up Innovation Authority Why Alzheimer's occurs in young adults too? IQVIA Lights Buildings Purple for World Alzheimer’s Day Vaping Illness: The ban on e-cigarettes and its’s severe hea VBI Vaccines announces pricing of $35M public offering Siemens Healthineers gets FDA nod for Artis Icono angiograph Lupin receives sANDA approval for Levothyroxine Sodium Table NATHEALTH welcomes Corporate Tax cut, recommends GST Reforms Inovio receives NIH funding to combat antimicrobial-resistan Pee Safe launches Menstrual Cup Travel Kit Shoolini University puts focus on IPR issues PRF re-ignites ‘Find the Children - 60 in India with Progeri Ola collaborates with Ayushman Bharat NCRTC collaborates with The EMPATHY Campaign ACG selects Salesforce to empower customer relationships AstraZeneca strengthens partnership with NASSCOM to fight NC Siemens Healthineers invests Rs 200M in medical imaging manu LGC brings proficiency testing event to India FDA grants Fast Track designation for Farxiga in heart failu AstraZeneca amends collaboration with Ironwood for Linzess ASG Hospitals secures investment worth Rs 308 Cr P.D. Hinduja Hospital & MRC spread awareness on the first “W EU & WHO join forces to promote benefits of vaccines Novartis announces positive results from VERIFY study in typ 27% Deaths in India caused by poor access to drugs and knowl Ayushman Bharat can be a trailblazer, enhancing access to he KPMG envisions workforce crisis in Indian health system Cabinet approves prohibition of E- Cigarettes NCG Vishwam Cancer Care Connect opens in Vienna Industry an important pillar for growth of the healthcare se AskBio acquires assets from RoverMed BioSciences Mylan expands oncology portfolio with launch of Generic Fasl Aquity Solutions launches scribing service in India Inflection Point Ventures invests in iKure Bayer launches SafeTrack, to mark International Patient Safe Healthcare sector to generate 40 mn jobs by 2020: Gowda Lyfboat receives NABH Accreditation Tattvan E-Clinics expands footprints into South India Pharma, Medical devices sectors seek benefits from PM-JAY Ayushman Bharat to be a game-changer in providing UHC: Dr Ha Apollo Hospitals Group brings comprehensive health managemen SII, Zipline, Maharashtra Govt launch medical delivery drone Meddo secures $3M in Pre-Series A funding PPF expands investment in healthcare sector Clove Dental Clinic organizes 25th Leadership Conclave InstaECG by Tricog delivers more accuracy Infusion Nurses Society deliberates on safe practices Glenmark receives ODD for Multiple Myeloma drug Fujifilm India puts focus on better medical connectivity Ambit Bio Medix opens cardio diabetic care division Bio-Techne attains ISO certification for FBS manufacturing f AMTZ expands biomedical ties with Australia AI can help scale up health care delivery in India: Ashutosh CK Birla Hospitals initiates ‘Hands of Hope’ campaign From Swab to Registry in stem cell donation GE Healthcare receives FDA approval for AI algorithm on X-Ra First of a kind paediatric ART Center to treat HIV Children IoT & BT: An upcoming frontier in research based business mo Self-Sustaining Guide for Young Startups in Today’s Competit Lupin receives Health Canada approval for Propranolol Hydroc NIH partners with Apple, Harvard to study women's health NHA, IRDAI focus on transforming health insurance ecosystem Unani and Siddha Centres open at Safdarjung Hospital FICCI highlights opportunities for AI in healthcare FOGSI with DocMode focus on women healthcare delivery India joins the Global Antimicrobial Resistance R&D Hub Strides acquires strategic stake in Fairmed Healthcare AG Mayo Clinic partners with Google for healthcare innovation Biocon to enter Greater China market Dr. Reddy's announces the launch of Fosaprepitant for Inject NBEC 2019 to showcase game-changing biz ideas in Biosciences Apple announces three groundbreaking health studies Opentrons brings a fully affordable thermocycler DBT calls for research proposals in partnership with Europe Sakra World Hospital launches neuromuscular facility PM launches national animal disease control programme Pee Safe launches pollution safe anti-pollution dust mask GoK’s Elevate 2019 winner EdubioSkills launches bioBox Remido deivce shows promising results for diagnosing Diabeti IIL hosts Cabinet Minister Giriraj Singh Sanofi India to sell Ankleshwar site to Zentiva Esperer Bioresearch strengthens senior leadership team Early detection of anaemia, high BP & diabetes crucial in pr LifeSan Clinical Research receives zero 483 observations fro Indian bio-economy to reach $100B by 2025: BIRAC at WES 2019 Samsung launches Good Vibes & Relúmĭno for deafblind Health Ministry signs MoU with ECHO India BIRAC, Nesta Challenges highlight role of rapid tests in fig Opening 75 medical colleges-A brilliant move Glenmark receives ANDA approval for Clobetasol Propionate Fo ISIC organizes 4th world spinal cord injury day Serum Institute invests Rs 3000 Cr in new vaccines facility Novo Nordisk to launch insulin affordability offerings in Ja Relationship Between Exercise and the Brain and the Impact o Thermo Fisher signs pact with Lilly Oncology SpePharm AG Wins Case against Eisai PPCB organizes workshop on environmental aspects of AMR WHO seeks accelerated efforts to eliminate cervical cancer NIH launches search for neuroprotective stroke therapies Abbott unveils world's first TRILUMINATE pivotal trial 5 E-Cigar Facts You Need to Know Robotic surgery: Advancing assistance HGS recovers $1B in healthcare payments Treating Allergic Rhinitis with Digital Health and Real-Life Dr K K Aggarwal sworn in as the President of CMAAO Neuberg bets big on superior diagnostic experience Sri Kauvery Medical Care raises Rs 1400 Mn Lupin receives USFDA approval for Fosaprepitant for Injectio Scientists develop potential strategy against leukemia drug Alkem Labs receives USFDA’s Form 483 with 2 observations Cipla Foundation partners with B.J. Wadia Hospital BioNtech to develop HIV, TB programmes with Gates Foundation Merck Foundation launches five-year initiative to reduce dis ProPhysio secures Series A funding from NestaVera Group Applying sentiment analysis in healthcare industry Ignoring Oral Health may lead to Sensory Problems EC approves Merck’s KEYTRUDA in combination with Inlyta to t How MedTech players are transforming the Indian healthcare s Vertex Pharma to acquire Semma for $950 million DST provides Rs 125 Cr to set up new facility at IIT-D GVK Bio announces new appointment and updates Cadila Pharma creates awareness on depression Pee Safe forays into men’s intimate hygiene category Swades Foundation inks MoU with Maharashtra Govt to improve Here’s How to Choose Health Insurance for Parents ? Gramalaya organises world's first menstrual hygiene manageme "We are building a robust ecosystem using our solutions to h BioCity to back promising ‘Self Care’ venture, invests in Ma Allergan gets FDA nod for Juvéderm VOLUMA XC 70-90% of Indians are Vitamin D deficient & at risk of havin Clinical communication and collaboration market to exceed US Sandoz announces global deal to market natalizumab Lupin collaborates with Boehringer Ingelheim for novel oncol Indegene acquires majority stake in DT Associates Thermo Fisher to develop advanced workflows for clinical lab Health Minister reiterates commitment to fight TB, HIV, mala NATHEALTH establishes elder care and rehabilitation vertical USFDA issues CRL for Biocon's NDA for insulin glargine Practo receives recognition for digital healthcare contribut Robocath raises €5M for cardiovascular robotic system Medical Abortion Pills vanishing from markets, threatening s FOGSI hosts Aarogya Mahila summit Indian Spinal Injuries Centre organises IFASCON 2019 DCGI approves Zydus to market biologic for rabies WHO launches global registry on human genome editing PM unveils 10 AYUSH health, wellness centres Health Minister addresses 72nd session of WHO SE Asia meet Transasia - Erba Group sets a new benchmark Government to establish 75 new medical colleges India collaborates with Peru to promote medicinal plants LindaCare partners with Philips Tattvan E-Clinics to offer telemedicine services in China Health Ministry to explore AI based solutions in combating T
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Indian BioServices Industry growing at 19% crosses Rs 26000 crore

Indian BioServices industry comprising of over 1000 players in the field of clinical research, contract research, contract development and manufacturing has seen significant growth in the recent past and witnessed a 19% growth in 2018-19 by crossing Rs 26000 crore. Contract research, development and manufacturing is contributing the most in BioServices industry with less than 10% is coming from clinical research organisations.

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