News Roundup (ORA). She previously served in two leadership positions in ORA as the New Jersey District Director and as the Office of Pharmaceutical Quality Operations Division I Director.
Clevergene receives PCPNDT licence for prenatal genetic tests
PM Narendra Modi during the foundation laying ceremony of the cancer hospitals
PM dedicates seven cancer hospitals in Assam
participation
Prime Minister, Narendra Modi dedicated to the nation six cancer hospitals in Assam at a function in Dibrugarh. These cancer hospitals are built at Dibrugarh, Kokrajhar, Barpeta, Darrang, Tezpur, Lakhimpur, and Jorhat. Dibrugarh Hospital was dedicated to the nation by the Prime Minister earlier in the day when he visited the premises of the new hospital. The Prime Minister also laid the foundation stone of seven new cancer hospitals at Dhubri, Nalbari, Goalpara, Nagaon, Sivasagar, Tinsukia and Golaghat to be constructed under phase two of the project.
oversubscription from new and existing
Ayu Health raises $27 M in series B round Ayu Health Hospitals has raised $27 million in Series B funding led by The Fundamentum Partnership, an early growth stage fund founded by Nandan Nilekani and Sanjeev Aggarwal. The round also saw participation from US-based fund 57 Stars, Rohit MA led Capier Investments, angel investors like Ashish Gupta, Khadim Batti, Vara Kumar, and existing investors Stellaris Venture Partners, Vertex Ventures, and Alteria Capital. With this fund raise, Prateek Jain of Fundamentum Partnership, would be joining the Ayu Health Board.
from
existing
investors
including InfoEdge Ventures, Asha Impact and IAN Fund. The round witnessed investors however the company decided to cap the raise to $22 million.The company plans to utilise the funds to accelerate growth in the untapped domestic market and
expand
its
coverage
across
the
country.
Lupin appoints Diana Amador-Toro as Senior VP, Global Compliance Lupin announced the appointment of Diana Amador-Toro as Senior Vice President, Global Compliance. Diana will be responsible for leading Lupin’s Global Compliance function including training, internal audit, and investigations. She will be based in Lupin’s Somerset office in New Jersey, US.Diana is a senior leader with more than 38 years of field experience in US FDA’s Office of Regulatory Affairs
Clevergene, a deep tech genomics company offering genetic diagnosis and discovery genomics solutions, received the PCPNDT (Pre-Conception and PreNatal Diagnostic Techniques) license and will be offering prenatal diagnostics and preimplantation genetic screening tests. With this certification Clevergene through its clinical diagnostics vertical The Gene Lab is launching a host of genetic tests that will improve outcomes for expectant parents and those planning a baby; these include Non Invasive Prenatal Testing (NIPT) for detecting chromosomal aneuploidy in foetuses, preimplantation genetic screening, Products of Conception (POC) genetic testing as well as genetic counselling services.
Biocon Biologics’ Insugen bags three-year contract in Malaysia Biocon Biologics’ subsidiary Biocon in Malaysia has been awarded a three-year contract, valued at $90 million (MYR 375 million), for its recombinant human insulin brand Insugen, by the Ministry of Health (MoH), Malaysia.Biocon, a subsidiary of Biocon Biologics in Malaysia, will manufacture and supply its range of insulins to its partner Duopharma Marketing (DMktg), a subsidiary of Duopharma Biotech, a leading pharmaceutical and biotech company in Malaysia.Biocon Biologics’ Insugen formulations will be available to patients at all Ministry of Health hospitals, district health offices and health clinics.
Truemeds raises $22 M in series B funding
Thermo Fisher Scientific unveils R&D facility in Hyderabad
Truemeds,
telehealth
Thermo Fisher Scientific has opened a
platform, closed its series B funding round
new R&D and Engineering facility – India
India’s
leading
Engineering Center (IEC). The new centre
led by private equity fund Westbridge Capital. The new funding round also saw
6
May 2022
Diana Amador-Toro
was inaugurated by Minister for Industries
