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MSD Pharmaceuticals Pvt. Ltd., a wholly-owned subsidiary of Merck Sharp & Dohme and known as Merck & Co., Inc., has entered into non-exclusive voluntary licensing agreements with five top Indian generic manufacturers for supply of molnupiravir, an investigational oral antiviral agent currently being studied in a Phase-3 trial for the treatment of non-hospitalised patients with confirmed COVID-19, in India. MSD which is developing molnupiravir in collaboration with Ridgeback Biotherapeutics has entered into these agreements to accelerate availability of molnupiravir in India and in other low- and middle-income countries (LMICs) following approvals or emergency authorisation by local regulatory agencies, it said “These agreements, toward which we have been working as we have been studying molnupiravir, will help to accelerate access to molnupiravir in India and around the world,” said Kenneth C. Frazier, chairman and CEO, Merck & Co., Inc., U.S. “We remain committed to … [Read more...] about MSD ties up with 5 Indian pharma majors for supply of oral COVID-19 drug Molnupiravir

Wearing masks was made mandatory for devotees coming to see the annual Ratha Jatra festival in Puri on July 1 amid rising COVID-19 cases in Odisha, a senior official said on Monday. Around 10 lakh people are expected to gather for the festival in the temple town from across the country, and some foreign nations, Director of Health Service Bijay Mohapatra said. The festival of Lord Jagannath this time will see the participation of devotees after two years. In 2020 and 2021, only servitors took part in rituals due to the pandemic. ”We are expecting a large congregation during the festival this year. Mask is mandatory in Puri during the festival. Health camps will be set up at the railway station, bus stand and Grand Road (Bada Danda),” Mohapatra said. Asking people with symptoms to avoid visiting the town, he said caution should be maintained to check the spread of the virus. The state government has set up Covid Care Centres in Puri, and arranged for oxygen and ICU beds to meet with … [Read more...] about Puri Prepares for Lord Jagannath’s Ratha Yatra Amid Fresh Covid Alarm

Hong Kong on July 1 will mark its 25th anniversary under Chinese rule. The financial hub returned to China from Britain in 1997, with promises of wide-ranging freedoms and autonomy under “one country, two systems” governance. Critics, including some Western governments, say China has reneged on those promises in recent years under a sweeping national security law. Authorities in Hong Kong and China reject those claims. WHAT ARE THE KEY POLITICAL MILESTONES? Hong Kong was wrested from China by Britain in three phases, starting with the mid-19th century Opium Wars. Hong Kong Island and the Kowloon peninsula were signed over in perpetuity. The larger rural New Territories and outlying islands were added under a 99-year lease in 1898. In 1984, Britain and China agreed that Hong Kong would be handed back at midnight on June 30, 1997. A mini-constitution, the Basic Law, was later drafted, guaranteeing Hong Kong’s capitalist way of life for 50 years as well as a high degree of autonomy, … [Read more...] about NEWS18 EXPLAINS: Hong Kong’s Rocky Political Road Since The 1997 Handover

New Delhi, Jun 26: As many as 423 infrastructure projects, each entailing an investment of Rs 150 crore or more, have been hit by cost overruns of more than Rs 4.95 lakh crore, as per a report. According to Ministry of Statistics and Programme Implementation, which monitors infrastructure projects of Rs 150 crore and above, out of 1,568 projects, 423 reported cost overruns and as many as 721 projects were delayed. “Total original cost of implementation of the 1,568 projects was Rs 21,59,802.67 crore and their anticipated completion cost is …Rs 26,54,818.05 crore, which reflects overall cost overruns of Rs 4,95,015.38 crore (22.92 per cent of original cost),” the ministry’s latest report for May 2022 said. According to the report, the expenditure incurred on these projects till May 2022 is Rs 13,42,535.22 crore, which is 50.57 per cent of the anticipated cost of the projects. However, the number of delayed projects decreases to 563 if delay is calculated on the basis of the latest … [Read more...] about Over 400 Infrastructure Projects Show Cost Overruns of Rs 4.95 Lakh Crore: Govt

Kevin Ford, the now-viral Burger King employee who was celebrated by the internet for completing 27 years of service without a single day of absence, has great reason to be over the moon. A fundraiser arranged by his daughter recently surpassed $1,50,000 (Rs 1,17,44,100) last week. HMS Host, the business through which Burger King hires personnel, gave Kevin Ford a tiny bag of gifts. He claimed that the corporation sent him goodies as a token of appreciation for his services. But now, owing to a GoFundMe that his daughter Seryna set up, he has received much more than he had anticipated. The comedian and actor David Spade was among the first people to donate. He had made a whopping donation of $5,000 (Rs 3,91,470) and now the total donations have crossed Rs 1 crore, leaving Kevin all emotional. Seryna organised the fundraiser to thank her single father for working hard for 27 years to support her and her siblings through school and college. “Yes, he has never missed a day of work … [Read more...] about Fundraiser for Burger King Employee Who Got ‘Goodies Bag’ Hits Rs 1.2 Crore Goal

French driver Pierre Gasly will stay at AlphaTauri until the end of 2023, the Formula One team announced Friday. “The 26-year-old Frenchman has been with us since 2017 and this continuity will be a great asset, as he enjoys an excellent working relationship with his group of engineers and everyone in the team,” AlphaTauri said in a statement. “Pierre is a proven race winner, with three podiums and three fastest race laps and to date, he has scored a total of 325 points in Formula 1. He has also developed a reputation as a very strong qualifier.” Jehan Daruvala's McLaren F1 Test at Silverstone a Big Success Gasly sits 11th in the drivers’ standings with 16 points accumulated this season, well behind the Red Bull duo of world champion Max Verstappen and Mexico’s Sergio Perez. Gasly had been promoted to a spot at Red Bull in 2019, but the Austrian team decided he was not performing as well as he should have been and he was demoted mid-season to the then-Toro Rosso outfit, now … [Read more...] about Pierre Gasly to Stay at AlphaTauri in 2023

This is a carousel. Use Next and Previous buttons to navigate 65 ELMAU, Germany (AP) — The Latest on the G-7 summit, the annual meeting of the leading democratic economies, which this year is being held in the Bavarian Alps in Germany; and on the summit of NATO leaders that will start on Tuesday in Madrid: NATO secretary general Jens Stoltenberg says the military alliance wants to increase the number of its rapid reaction forces from the current 40,000 troops to 300,000. Speaking at a press conference Monday ahead of a NATO summit later this week in Madrid, Stoltenberg said allies … [Read more...] about Live updates | NATO to boost reaction force, Ukraine support