Biocon shares gain over 2% on launch of cancer drug KRABEVA in India

Biocon share price gained 2.5 percent intraday Thursday after the biopharmaceuticals firm has launched KRABEVA, a biosimilar Bevacizumab, in India.

The drug is used for the treatment of patients with metastatic colorectal cancer and other types of lung, kidney, cervical, ovarian and brain cancers, in India.

“We believe KRABEVA will be an important addition to oncology portfolio of novel biologics as well as biosimilars, which are making a significant impact in the realm of cancer care in India,” Arun Chandavarkar, CEO and joint MD, Biocon said.

KRABEVA is the second key oncologic biosimilar product from Biocon’s global biosimilars portfolio to be launched in India, in order to address the unmet patient need for affordable biological therapies.

The product is being offered to patients at an MRP of Rs 24,000 for 100 mg / 4 ml vials and Rs 39,990 for 400 mg / 16 ml vials.

KRABEVA is being launched post successful completion of phase III clinical trials and approval of company’s marketing authorisation application by the Drug Controller General of India.

At 11:02 hours IST, the stock price was quoting at Rs 418.50, up Rs 9.90, or 2.42 percent on the BSE.

source:-.moneycontrol.

PM Narendra Modi To Talk About Drug Menace on Radio on Sunday

PM Narendra Modi To Talk About Drug Menace on Radio on Sunday

File Photo: Prime Minister Narendra Modi.

NEW DELHI:  Prime Minister Narendra Modi on Saturday said he would share his thoughts on the drug menace in his next radio address on Sunday, thanking people for sharing eye-opening insights on the topic.

“On Sunday at 11 a.m. I look forward to sharing my thoughts during the ‘Mann Ki Baat’ radio programme. http://www.narendramodi.in/mannkibaat/,” he said in a tweet.

He said: “As I said during the last programme, this time I would talk about the menace of drugs.”

The Prime Minister said several people shared ideas, comments and insights on the topic, which he said have been both “eye-opening” and “helpful”.

“My thanks to them for contributing,” he said.

On November 4, he had invited views on the issue of “mitigating the menace of drugs” and had also asked NGOs working on the issue to share their experiences.

Prime Minister Modi’s third round of “Mann Ki Baat” radio programme will begin 11 am Sunday.

[“source-ndtv”]

PM Narendra Modi’s ‘Mann ki Baat’ on Drug Menace Today

PM Narendra Modi's 'Mann ki Baat' on Drug Menace Today

NEW DELHI: 

Prime Minister Narendra Modi will share his thoughts on drug menace in his radio address ‘Mann ki Baat’, thanking people for sharing eye-opening insights on the topic.

“On Sunday at 11 am I look forward to sharing my thoughts during the ‘Mann Ki Baat’ radio programme. http://www.narendramodi.in/mannkibaat/,” he said in a tweet yesterday.

“As I said during the last programme, this time I would talk about the menace of drugs,” he said.

The Prime Minister said several people shared ideas, comments and insights on the topic, which he said have been both “eye-opening” and “helpful”.

“My thanks to them for contributing,” he said.

On November 4, he had invited views on the issue of “mitigating the menace of drugs” and had also asked NGOs working on the issue to share their experiences.

Prime Minister Modi’s third round of “Mann Ki Baat” radio programme will begin 11 am.

[“source-ndtv”]