ZIM Laboratories secures marketing authorization in Australia for urology drug combination
ZIM Laboratories Limited has received marketing authorization from Australia's Therapeutic Goods Administration (TGA) for its fixed-dose combination capsules of Tamsulosin Hydrochloride and Dutasteride. The approval was granted to ZIMTAS Pty Ltd, ZIM's wholly owned subsidiary in Australia, and marks the company's second marketing clearance in the region.
This milestone strengthens ZIM's presence in the regulated Australian market and aligns with its broader global expansion strategy. The combination drug is used to treat moderate to severe symptoms of benign prostatic hyperplasia (BPH) in adult men, offering improved patient convenience by integrating two active agents into a single daily dose.
ZIM stated that this authorization will facilitate the product's commercial launch in Australia and bolster its regulatory filings across the APAC region and other global markets.
The company emphasized that this approval contributes to its growing urology segment and enhances its portfolio of differentiated generics through advanced drug delivery technologies.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
Ahmedabad Plane Crash
Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
UPI
3 hours ago
- UPI
Mitsubishi Heavy to build new Australian naval fleet
Japan's Mitsubishi Heavy Industries will build Mogami-class frigates, like the one pictured here, for Australia's naval fleet. File Photo by Keizo Mori/UPI | License Photo Aug. 5 (UPI) -- The Mitsubishi Heavy Industries Group announced Tuesday that the Australian government has chosen it to build a new fleet of warships for the nation's navy. The Japanese shipbuilder said in a press release that Australia selected the upgraded version of Mitsubishi's 4,800-ton type Mogami-class frigate for its new general-purpose frigates. "We believe that the decision made by the Australian government is based on its evaluation of our frigate's proven performance, reliability, technology, and capabilities, multi-functionality suitable for various roles including anti-submarine, anti-aircraft, and anti-surface warfare, as well as reduced manpower requirements compared to conventional frigates, and scalability to easily enhance capabilities in the future," Mitsubishi said. The first three frigates are slated to be built in Japan, under a contract worth more than $6.4 billion, but the rest of the 11-vessel order is expected to be constructed in Australia. Australian Deputy Prime Minister and Defense Minister Richard Marles said during a press conference that the Mogami-class frigate was chosen due to its stealth capabilities and can operate with nearly half the crew currently aboard the Australian Navy's Anzac-class frigates, which have been in use since the end of World War II. "It's all part of our $55 billion investment in the Navy's surface combatant fleet," Australian Defense Industry Minister Pat Conroy posted to X Tuesday. "And it means tens of thousands of well-paid, highly skilled jobs here at home." "It's a decision months ahead of schedule, and a decision that means our first frigate will be delivered in 2029," Conroy also posted.
CNBC
4 hours ago
- CNBC
Australia's internet network signs Amazon satellite service
Australia's state-owned internet network hired Amazon's untested startup satellite service to link people who cannot access its terrestrial network, rather than tech entrepreneur Elon Musk's Starlink. The deal, whose financial terms were not disclosed, is set to provide high-speed internet access to some 300,000 homes and businesses that NBN's terrestrial network does not reach. From next year, low-Earth orbit satellites owned by Amazon's Project Kuiper will start replacing two Australian government-owned satellites due for decommissioning in 2032, NBN and Amazon said in a joint statement on Tuesday. "It is true that Amazon Kuiper has not launched services yet in Australia or globally, but they are reportedly pumping in about $15 billion into that program," said Gavin Williams, NBN's chief development officer for regional and remote services. "We have every confidence that we've got a partner in Kuiper that will do what they say they're going to do," he added in an interview. NBN said its decision followed a rigorous procurement process, but did not say why it had chosen the Amazon service over Starlink. The deal represents a missed opportunity for Starlink, by far the world's biggest provider of such network services, which already has more than 250,000 customers in Australia, industry data shows. The decision was probably influenced by the need to limit sovereign risk arising from giving control of essential Australian infrastructure to a company aligned with "a very unpredictable America", said telecoms analyst Paul Budde. "I am sure total dependence on Starlink would not be seen as a favorable situation," Budde, an industry veteran who has advised the United Nations on broadband policy, added in an email. If U.S. President Donald Trump was not happy with something he could use both Starlink and Kuiper for political purposes, which was a worrying factor, Budde said. Starlink was not immediately available for comment. Australia's two biggest telecoms providers sell Starlink residential connection dishes and some government bodies, including the Australian Electoral Commission, also have contracts with it. A unit of Musk's SpaceX rocket company, Starlink now has 8,000 fast-orbiting satellites since it began launching them in 2019, while Amazon's service has just 78 since its first launch in April. NBN and Amazon said Project Kuiper would ultimately have more than 3,200. The low-Earth orbit satellites will connect to each other by optical links and communicate with antennas and other points on the ground. NBN's Williams added that the supply of critical infrastructure entailed regulatory and legal obligations, with technical, operational, and commercial considerations factored into the procurement process.
Business Wire
6 hours ago
- Business Wire
RingCentral Takes AIR Everywhere
BELMONT, Calif.--(BUSINESS WIRE)-- RingCentral, Inc. (NYSE: RNG), a global leader in AI-powered business communications, today announced new, industry-leading capabilities for its AI Receptionist™ (AIR), an AI phone agent that handles and routes customer calls, as well as a new standalone version, AI Receptionist Everywhere. AIR Everywhere™ brings AI-powered call handling beyond RingEX to all third-party telephony systems, both on-premises and cloud. Additionally, RingCentral AIR™ now includes appointment booking with Google Calendar and Microsoft Outlook, and supports British and Australian English, Spanish, and French to cater to a wider customer base. RingCentral AIR will also be available in the UK and Australia by the end of September. 'The market's response to RingCentral AIR has been strong. We've tripled our customer base in a single quarter, with more than 3,000 businesses now actively relying on AIR to transform their communications,' said Kira Makagon, President and COO of RingCentral. 'This isn't just about handling calls better; it's about providing every organization with a powerful AI agent that drives their business forward. With AIR Everywhere, we've democratized AIR capabilities so now it's accessible to everyone, and not limited to only RingCentral customers.' New RingCentral AIR Capabilities RingCentral AIR is an always on receptionist that never misses a call, routes calls to the right place, filters spam calls, and answers questions by callers. This results in fewer missed calls, more captured leads, and a better customer experience. New enhancements include: Appointment booking: RingCentral AIR seamlessly schedules appointments in Outlook and Google Calendars directly during calls, eliminating the back-and-forth that often leads to lost opportunities and streamlining customer service. Additional calendar tool integrations will be available in the Fall. Expanded language support: In addition to Spanish and US English, RingCentral AIR now handles multilingual calls seamlessly in UK and Australian English and French, including Canadian French too, serving diverse customer bases in their preferred languages. The top vertical categories where AIR is seeing the most traction include healthcare, professional services, construction and real estate, financial services, and retail. For example, Liesl Perez, co-founder of Axis Integrated Mental Health, a comprehensive outpatient psychiatric care and therapy center with three clinics across Colorado, views AI as indispensable for any modern business, especially in the evolving landscape of mental healthcare. According to Perez, 'New patient intakes have increased by 60% leveraging AIR, translating to an additional $1.7 million in revenue.' In addition, Paul Rapier, Vice President of IT at the Detroit Pistons said, "We're experiencing great efficiency gains with RingCentral AI—we're already saving 20% of work daily with AI-powered transcriptions, and we expect that AIR will resolve 50% of calls, cutting answer times to seconds. RingCentral is completely changing the way we work." AIR Everywhere: An AI Receptionist for every business, every system Whether a business runs on-premises, uses a third-party cloud phone provider, or simply needs a business number, they can now add AIR to enhance their current setup. With AIR Everywhere, businesses benefit from the following: Easy to buy and set up: Allows businesses to get started quickly without technical headaches, and no complex transitions or migrations needed Flexible usage: Enables AI-powered call handling across on-premises, cloud, and third-party SIP-based systems Never miss a call: An AI phone agent that handles calls around the clock Call forwarding & routing: Routes calls to any phone Number flexibility: Uses existing business phone numbers or provides new ones Cost-effective: Delivers AI-powered call handling without a full UCaaS bundle, ideal for solopreneurs and small teams. "An AI Receptionist that is truly agnostic when it comes to its ability to be deployed in a multi-UCaaS and multi-CCaaS environment is differentiated from solutions today," says Denise Lund, Research Vice President, Worldwide UC&C and Telecom at IDC. "And certainly is differentiated if it comes at a compelling price point that does not require an attached UCaaS seat purchase." International availability and pricing AIR Everywhere is offered in controlled availability starting at $59 monthly with 100 minutes included each month. Additional 100-minute bundles are available for purchase. RingCentral AIR will be available in the UK and Australia starting at 32 GBP and 62 AUD with additional 100-minute bundles, respectively. To learn more about RingCentral AI Receptionist, visit or call our toll-free number 1-8445-TRY-AIR to chat with Natalie, one of our AI Receptionists, to experience RingCentral AI Receptionist in action. About RingCentral RingCentral is a global leader in AI-powered business communications, contact center, conversational intelligence, video and hybrid event solutions. RingCentral empowers businesses with conversation intelligence and unlocks rich customer and employee interactions to provide insights and improved business outcomes. With decades of expertise in reliable and secure cloud communications, RingCentral has earned the trust of hundreds of thousands of customers and millions of users worldwide. Visit to learn more. © 2025 RingCentral, Inc. All rights reserved. RingCentral, AI Receptionist, AIR Everywhere, RingCentral AIR, and the RingCentral logo are trademarks of RingCentral, Inc.
