Biotechnology
AstraZeneca to buy China's Gracell Biotechnologies for $1.2 bn
27 Dec 2023
Anglo-Swedish multinational pharmaceutical and biotechnology company AstraZeneca has agreed to acquire China-based Gracell Biotechnologies Inc, for about $1.2 billion.
Moderna sues Pfizer-BioNtech for patent violation
02 Sep 2022
According to Moderna, Pfizer-BioNTech copied mRNA technology that Moderna had patented between 2010 and 2016, well before Covid-19 emerged in 2019
Pentagon funded NGO $39 mn for 'gain of function' SARS-CoV-2 research at Wuhan Lab: Report
08 Jun 2021
Man challenges Covaxin trials on children in India as govt goes for costly, untested Pfizer vaccine
07 Jun 2021
Fresh fire reported at Serum Institute of India facility where earlier blaze left 5 dead
22 Jan 2021
Govts silent as seed companies push GM cotton sales
07 Jan 2020
A global investment company with interests in biotech and agro-chemical companies, is reported to be pushing GM seed through Shetkari Sanghatana while simultaneously putting pressure on the Modi government for grant of Genetic Engineering Appraisal Committee approval for these seeds
NCLAT allows promoters of insolvent Sterling Biotech to regain control
05 Sep 2019
For regaining control of the firm under liquidation, the NCLAT said promoters of companies facing bankruptcy proceedings must make full payment to lenders
ED attaches Sterling Biotech assets worth Rs9,778 cr in bank fraud case
27 Jun 2019
Promoters of Sterling Biotech diverted loan funds for non-mandated purposes, layered and laundered through a web of multiple domestic as well as offshore entities, siphoned off loan funds to finance their Nigerian oil business, and even used these for their personal purposes, the ED stated
CCI probe finds market abuse by Monsanto arm in India: report
22 May 2019
Besides overpricing its Bt cotton seed in India, the Monsanto joint venture MMBL also charged higher trait fees from seed producers in Haryana, Punjab and Rajasthan, reports citing the CCI report said
Haryana probing suspected Bt brinjal crop
07 May 2019
Supreme Court holds Monsanto’s patent on GM cotton seeds valid in India
08 Jan 2019
For Monsanto, now owned by German pharma and life sciences major Bayer AG, the apex court ruling involving its business in the world’s biggest producer of the fiber comes as a rare victory
Sterling Bio director Nitin Sandesara, family flee Rs5,000-cr fraud probe
25 Sep 2018
CBI and the ED had, last year, booked five directors of Gujarat-based Sterling Biotech, besides chartered account Hemant Hathi, former Andhra Bank director Anup Garg and some others for cheating banks to the tune of Rs5,300 crore but does not have any clue now about their whereabouts
US regulator approves $62.5 bn Bayer-Monsanto merger
10 Apr 2018
While economists say there is a strong likelihood of market abuse when four companies control 45 per cent of the market, the move by the US department of justice will allow one company to control 77 per cent of all seed corn, 69 per cent of all seed traits and 58-97 per cent of the markets in cotton, soybeans, and canola
Featured articles
Lighter than air, yet very, very powerful
By Kiron Kasbekar | 03 Jan 2024
In March 2013 Chinese scientists pulled off a remarkable feat. They created the world’s lightest aerogel. Tipping the scales at a mere 0.16 milligrams per cubic centimeter – that’s a sixth of the weight of air!
COP28 explained: A closer look at COP28's climate change solutions
By Aniket Gupta | 27 Dec 2023
The 28th United Nations Climate Change Conference, also known as COP28, took place from 30th November 2023, to 13th December 2023, at Expo City in Dubai, United Arab Emirates.
What is a Ponzi scheme?
By Aniket Gupta | 06 Dec 2023
Ponzi schemes have long captivated the public imagination, drawing unsuspecting investors into a web of illusion and deception.
The Rise and Rise of HDFC Bank
03 Jul 2023
HDFC, which surged ahead of global majors like HSBC Holdings Plc and Citigroup Inc and left Indian peers like State Bank of India and ICICI Bank in market capitalisation, now ranks fourth largest among the world’s most valuable banks, after JPMorgan Chase & Co, Industrial and Commercial Bank of China Ltd and Bank of America Corp
India’s Millet Revolution To Enrich Global Food Basket
02 Apr 2023
Millets, a healthier and cheaper substitute to wheat and rice, are indigenous to many parts of the world, especially in the semiarid tropics of Asia and Africa, and offers a big scope for expanding production and consumption in the foodgrain deficient African continent
Market predator Hindenburg preys on Adani stock
06 Mar 2023
Almost a month after the damning report of short-seller Hindenburg Research on the Adani Group that claimed that the seven stocks within the group were about 85 per cent overvalued, one of the group's stocks, Adani Total Gas, closed at Rs835 on the BSE, down nearly 79 per cent from its 24 January level, almost close to reaching that valuation
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