Market News
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Africa: Test Could Ease Diagnosis of Tuberculosis in Children
Posted on :Wednesday , 30th July 2014
A new genetic test for tuberculosis (TB) could dramatically improve the accuracy of diagnoses of infected children in developing countries, although a simple diagnostic kit could be some way off.
The research, published last month (1 May) in the New England Journal of Medicine, examined the DNA of more than 2,800 children admitted to hospitals in Kenya, Malawi and South Africa w. . .Cipla to acquire majority stake in UAE-based pharma manufacturer for $21M
Posted on :Monday , 28th July 2014
Mumbai-based drugmaker Cipla Ltd is acquiring 51 per cent stake in a UAE-based pharmaceutical company which has manufacturing and distribution business in Yemen for $21 million.
“Given the recent preference to local manufacturing, this secures the company’s presence in a fast growing market,” the company said in a stock exchange announcement.
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