All posts by admin123

Glenmark Pharma GBR 1302

Glenmark Pharmaceuticals stock has hit a lifetime high of Rs 749 after a wholly owned subsidiary announced the discovery and initiation of IND enabling studies of a novel clinical development candidate, GBR 1302. The stock hit record high of Rs 749 in intraday trade. The announcement was made before market hours today, 20 August 2014. Glenmark Pharmaceuticals S.A. (GPSA), a wholly owned subsidiary of Glenmark Pharmaceuticals (GPL), announced the discovery and initiation of IND enabling studies of a novel clinical development candidate, GBR 1302, a HER2xCD3 bispecific antibody. GBR 1302 was discovered and developed by the Glenmark Biologics Research Centre located in La Chaux-de-Fonds, Switzerland. GBR 1302 is based on Glenmark`s innovative BEAT antibody technology platform which facilitates the efficient development and manufacture of antibodies with dual specificities, so-called bispecific antibodies. GBR 1302 is the first clinical development candidate based on the BEAT technology. Glenmark expects to obtain approval for the initiation of clinical studies during this financial year.

ACC cement company reports lower Net Profit Q2 2014

India’s leading cement maker, ACC has reported Q2, 2014 net profit of US$40.1m, some 7% lower than the US$43.1m reported in the Q2, 2013. The fall in profit was attributed to higher total expenses. Total expenses increased by 10% during the quarter compared to year-ago period due to higher raw material and employee costs and increased power, fuel and freight charges. Other expenses grew by 8% year-on-year. Manufacturing and distribution costs continued to rise, though the company derived some benefits from the ongoing cost leadership program and an increase in the sales of premium products. Continue reading ACC cement company reports lower Net Profit Q2 2014

Maneater Tigress of Bijnor

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As of today, 18 Feb 2014, 9 people have been killed. It appears there is also a man-eater leopard in this region because some of the killings are not consistent with tiger behavior.  This tigress is supposed to be a young 4 years old, which has been shunted out of her home forest for whatever reasons, and has come down to hunting humans, most of whom are villagers working in sugar cane fields. Overall, this feels like a replay of the 80-90 year old stories we read in the book “The Man Eaters of Kumaon” by Jim Corbett. This article has details: on-the-trail-of-a-maneater