EREZ
Dr Reddy's to buy nicotine replacement brands from UK-based Haleon for $632 million
The portfolio to be acquired consists of Nicotinell, a global leader in the NRT category with an extensive footprint in over 30 countries spanning Europe, Asia including Japan, and Latin America, and local market-leading brand names of the product – Nicabate in Australia, Thrive in Canada, and Habitrol in New Zealand and Canada. The proposed acquisition will be inclusive of all formats such as lozenge, patch, gum as well as pipeline products, in all applicable global markets outside of the US.
Israel war cabinet to discuss new push for Gaza hostage deal
Israeli Prime Minister Benjamin Netanyahu convenes war cabinet to discuss Gaza truce and hostage release deal despite ongoing fighting and Hamas rocket barrage at Tel Aviv.
Alvotech, Dr. Reddy's ink pact for commercialisation of denosumab
Alvotech and Dr. Reddy's partner for AVT03, a biosimilar to Prolia and Xgeva, treating osteoporosis and skeletal-related events. The agreement includes exclusive US commercialization rights.
Israel strikes Gaza as more Rafah evacuations ordered
Israeli strikes in Gaza escalate, risking disaster. UN warns of humanitarian crisis. Netanyahu vows action in Rafah. Army active at crossing. Residents flee Rafah. Guterres calls for ceasefire and aid access.
SoftBank leads $1 billion funding for UK self-driving startup Wayve
Nvidia also contributed in the Series C funding round as a new investor, as did existing investor Microsoft.
Israel reopens Gaza's Erez crossing for first time since Oct 7
It is the only crossing located on Gaza's northern border. Before the war, it served as the only crossing point for pedestrian traffic. Before the attacks of October 7, it was primarily used by international personnel such as diplomats, aid workers, and journalists and also Palestinians with work or medical permits, while trucks used the Kerem Shalom crossing at the southern end of the Strip.
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UN chief: limited, 'sometimes nil' improvement from Israel action on Gaza aid
The United Nations has long complained of obstacles to getting aid in and distributing it throughout Gaza during the six-month-old war between Israel and the Palestinian militant group Hamas, which rules the enclave of 2.3 million people. "To avert imminent famine, and further preventable deaths from disease, we need a quantum leap in humanitarian aid to Palestinians in Gaza. Food is essential; so are clean water, sanitation, and healthcare," Guterres told the Security Council.
Israel due to respond to court petition on Gaza aid increase
Israel faces deadline to present Gaza aid measures amidst accusations of restrictions. Court deadline nears with focus on policy hindering aid, Supreme Court update, UN criticism, dual-use items policy, and potential Erez crossing reopening.
Gaza war enters seventh month as truce negotiators expected in Cairo
Ongoing war between Israel and Hamas. US seeks ceasefire in Cairo. Israel admits fault over aid worker deaths. Biden pushes for ceasefire. Australia criticizes Israel. UN calls for more aid to Gaza.
"I asked them to do what they're doing": Biden after Israel approves reopening of Erez crossing to allow aid into Gaza
Israel responds to Biden's call by opening Erez crossing for Gaza aid. Biden inspects bridge collapse. US emphasizes civilian protection in Gaza. Monitoring Israeli aid actions closely for tangible impact on food insecurity.
US welcomes Israel moves on Gaza aid; 'proof is in the results'
Biden may condition support on aid worker protection in Gaza. Blinken monitors Gaza aid closely, focusing on specific metrics like famine indicators and civilian protection. UNRWA seeks access to northern Gaza for aid distribution.
Israeli army says it uncovered biggest Hamas tunnel yet
The Israeli army said on Sunday it had uncovered the biggest Hamas tunnel in the Gaza Strip so far, just a few hundred metres from a key border crossing. Hundreds of tunnels were built under the border with Egypt and into the Sinai Desert, allowing people, goods and weapons to cross into Gaza from the outside world.
Israel-Palestine Crisis: Israelis under attack 'beg' for help; request army to send security forces
Israeli citizens affected by the recent attack by Hamas are pleading for help from the army, as they feel desperate and vulnerable. Gunmen have reportedly taken hostages in the town of Ofakim, with claims that Israeli soldiers have been captured. Hamas launched a surprise attack on Israel, combining gunmen breaching security barriers with a barrage of rockets. Israel's prime minister has vowed that the enemy will pay a heavy price, while the Israeli military has responded with airstrikes into Gaza. Casualties have been reported on both sides.
Hamas releases video showing 3 men captured by its fighters
Hamas, the Palestinian militant group controlling the Gaza Strip, released a video showing its fighters capturing three men in civilian clothes. The video, along with other footage on social media, showed bodies of individuals in military outfits and dead motorists on a highway. The authenticity of the footage has yet to be independently verified. In response to the attacks, Israel's Magen David Adom emergency medical services reported 22 people killed, while militants fired rockets towards Israel. The situation highlights the ongoing conflict between Israel and Gaza militants.
Shipping giant Maersk bets on driverless trucks to improve deliveries
Maersk has partnered with Kodiak Robotics Inc. for driverless trucks and will be testing them from Houston to Oklahoma City. A safety driver will be aboard during these tests.
Heart of Stone’s song ‘Quiet’: Gal Gadot takes centerstage in music video
Gal Gadot stars in the 'Heart of Stone' music video for the song 'Quiet'. The track enhances the film's opening credits and features Noga Erez.
Dr Reddy's Labs lines up Rs 1,500 crore capex with focus on biosimilars, injectables
Elaborating on the overall strategies, Dr Reddy's Laboratories CEO Erez Israeli said the company's R&D is focusing on creating "as much as possible on differentiated products, on biosimilars, on products that have bigger potential."
US is a very important market for us but not the only market; we aim for a global play: Dr Reddy’s CEO
“The key markets for branded pharma besides India are Russia, China, Brazil and recently we are also working and developing Europe, primarily Germany. Then there is a very important B2B hospital play which includes biosimilars. It will be complimentary but if you wish to leverage that, we are selling to the countries I mentioned,.” says Erez Israeli
Three game theory principles can create an environment where cooperation and altruism thrive: Erez Yoeli
Humans are actually remark-ably altruistic — we stand out among primates for being able to cooperate with each other at a large scale, from neighbourhoods to cities and socie-ties with millions of people. Game theory helps us understand why such altruism happens — where is this ability of ours, to be good to each other, coming from? It also helps us under-stand the ways in which we are good.
Israel closes crossing to Gazans after rocket attacks
"Following the rockets fired toward Israeli territory from the Gaza Strip last night, it was decided that crossings into Israel for Gazan merchants and workers through the Erez Crossing will not be permitted this upcoming Sunday," COGAT, a unit of the defence ministry responsible for Palestinian civil affairs, said in a statement on Saturday.
Can success stories charted by non-Indian CEOs prompt India Inc to hire more of them?
IT company Wipro appointed Thierry Delaporte in July last year and restructured operations and resources. Drug maker DRL had appointed Erez Israeli at its helm in mid-2019 and the company has been an outperformer in its sector. Jonathan Hunt has been the CEO of contract research and manufacturing company Syngene International since 2015 and the company’s performance has been promising both on the ground and on the bourses.
Pharma firms discover glamour in dowdy APIs
Pharma companies have posted smart growth in API sales for the quarter due to increased demand of certain APIs used in the Covid-19 treatment and the world-wide scramble for alternatives to China.
Dr Reddy’s EBITDA has grown much faster than sales: CEO
‘I am optimistic about Dr Reddy’s ability to grow.’
Ranitidine recall impacts Dr Reddy's P&L by Rs 40-crore
Dr Reddy's Laboratories which initiated a voluntary recall of its Ranitidine at the retail level for over-the-counter products and at the consumer level sold in the US due to confirmed contamination with N-Nitrosodimethylamine established by FDA following the ongoing investigation which reported carcinogenic impurity in the drug at low levels.
At the helm at Dr. Reddy's, Erez Israeli will have his task cut out
Israeli will replace Abhijit Mukherjee, who retires following his 15-year stint at the company. Mukherjee's tenure as COO was marked with unexpected headwinds.
Every meal triggers inflammation that may protect us
London, Jan 22 (IANS) Every time we eat food, it may trigger an inflammatory response that acts as a protective mechanism to fight the bacteria consumed along with the food, a study has found.
Teva appoints Dipankar Bhattacharjee as Prez, CEO Global Generic Group
As President and CEO of Teva Generics Europe, Bhattacharjee has a proven track record of improving revenues and profitability, significantly increasing operating profit margins in the European generics business, Teva said.
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