Finally, WHO has some good news for 213 covid-19 impacted countries

The World Health Organization on Wednesday reported that widely available and low-cost corticosteroids can aid covid-19 positive patients suffering from serious symptoms. The body also warned against the use of corticosteroids on patients w....

New research claims honeybee venom can inhibit growth of cancer cells

According to a recent study published in NPJ Precision Oncology journal by Harry Perkins Institute of Medical Research, honeybee venom is capable of rapidly destroying HER2-enriched breast cancer cells and triple-negative breast cancer in t....

Philips’ contract of supplying ventilators to HHS partially terminated

Royal Philips, global leader in health technology recently declared to have halted the supply of ventilators to the U.S. Department of Health and Human Services (HHS), after receiving a notice regarding partial termination of contract which....

Mammoth response to Kakao Games IPO amidst soaring 2020 returns

Kakao Games Corp., a South Korean video game publisher, is all set to become the most sought-after Korean IPO, drawing nearly 1500 over-demand from institutions for the offered price of USD 20.3. It hit an all-time high on Thursda....

AstraZeneca to present results of Farxiga’s DAPA-CKD trial at ESC 2020

According to reliable sources, British-Swedish multinational pharmaceutical company AstraZeneca plc will present the much awaited results of the Phase III DAPA-CKD trial of Farxiga in CKD (chronic kidney disease) at ESC Congress 2020. Sour....

FDA grants Emergency Use Authorization to Abbott’s COVID-19 antigen

Abbott Laboratories, a U.S.-based medical devices and healthcare firm, has reportedly received the Emergency Use Authorization (EUA) from the U.S. FDA (Food and Drug Administration) for the detecting COVID-19 virus with its portable antigen....

Hyundai Wia Corp. signs gun parts export contract with BAE Systems

Hyundai Wia Corp., a South Korea-based defense firm, has reportedly signed gun parts export contract with BAE Systems plc of worth USD 100 million via a pre-value accumulation system. As per the agreement, Hyundai Wia will supply over 106 t....

FDA’s approval of using convalescent plasma boosts Korean biotech stocks

As per authentic sources, South Korean biotech and pharmaceutical stocks recovered following FDA’s (U.S. Food & Drug Administration) approval of using convalescent plasma for treating COVID-19 patients. The FDA found the plasma t....

Top Indian carrier IndiGo reckons to not book profit till 2022

  Indian low-cost carrier IndiGo is not expecting vast gains in the next 18 months. At present, the airline is flying at 32% of its capacity. This figure is expected to increase to 75% by next year. IndiGo is said to be one of th....

Salmonella outbreak forces HelloFresh to recall meal kits with onions

HelloFresh, an international meal-kit provider based in Berlin, Germany, has reportedly issued a recall of the products in view of the salmonella infection that has affected 900 Americans, with over 100 hospitalized. The U.S. FDA on Wednes....