
Alembic Pharmaceuticals gets USFDA nod for generic cancer treatment injection
on Monday said it has received the final approval from the US health regulator for its generic
Doxorubicin Hydrochloride Liposome
injection in different types of cancer.
The approval by the US Food & Drug Administration (USFDA) for the abbreviated new drug application (ANDA) is for Doxorubicin Hydrochloride Liposome injection of strengths 20 mg/10 mL (2 mg/mL) and 50 mg/25 mL (2 mg/mL) single-dose vials, Alembic Pharmaceuticals said in a statement.
The approved ANDA is therapeutically equivalent to the reference-listed drug product (RLD),
Doxil Liposome Injection
, 20 mg/10 mL (2 mg/mL) and 50 mg/25 mL (2 mg/mL), of Baxter Healthcare Corporation, it added.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
A planta que tem chamado atenção de quem sofre com refluxo
Saúde e Bem Estar
Undo
Doxorubicin Hydrochloride Liposome Injection is indicated for the treatment of ovarian Cancer,
AIDS-Related Kaposi's sarcoma
, and
multiple myeloma
, the company said.
Citing IQVIA data, Alembic said Doxorubicin Hydrochloride Liposome injection, 20 mg/10 mL (2 mg/mL) and 50 mg/25 mL (2mg/mL) single-dose vials have an estimated market size of USD 29 million for the 12 months ended March 2025.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
20 minutes ago
- Time of India
Navi Mumbai Municipal Corporation revises property transfer fee policy for greater transparency
Navi Mumbai: The Navi Mumbai Municipal Corporation (NMMC) has announced significant amendments to its policy for levying property transfer fees. As per a resolution passed recently, with the approval of commissioner and administrator Kailas Shinde, the Reserve Bank of India has made changes to the lending rate, late fee, and other technical aspects, making the levy more transparent and convenient for citizens. These changes will be implemented immediately, and the new provision for levying late fees will come into effect from Oct 1, 2025. "The aim of these amendments is to ensure transparency and clarity in the property transfer process for citizens. The revised policy will introduce a clear mathematical method for determining the transfer fee. The purpose of implementing this provision from Oct 1 is to give citizens an opportunity to complete the process in time," said Shinde. Important points in the revised policy include documents like registered purchase deed, sale deed, and gift deed, in which the value of the property concerned is determined by the registration and stamps department, govt of Maharashtra, based on the prevailing market value assessment and stamp duty levied on that value. You Can Also Check: Mumbai AQI | Weather in Mumbai | Bank Holidays in Mumbai | Public Holidays in Mumbai | Gold Rates Today in Mumbai | Silver Rates Today in Mumbai In such cases, the transfer duty shall be levied at the rate of 0.20% of the consideration mentioned in the document or the transfer duty admissible as per the Ready Reckoner rate fixed by the registration and stamps department, Govt of Maharashtra, for that year. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo In the case of deceased or blood-related family distribution deed, blood-related gift deed, or inheritance right certificate, where no actual financial transaction has taken place, the stamp duty fixed by the registration and stamps department, govt of Maharashtra, or an amount of Rs 500 should be charged as a transfer fee, whichever is less. As per the Maharashtra Municipal Corporation Act, Chapter 8, Taxation Rule 1, there is a provision that notice should be given to the civic commissioner within three months in case of general transfer and within one year in case of inheritance transfer after the transfer deed is executed. In accordance with the said provisions, if more than one year has passed from the date of registration of the deed in both cases, a late fee should be charged on the transfer fee amount payable as per the RBI lending rate plus 3% per annum for the month of April of the current year. In this case, for the convenience of citizens, the late fee is being levied from Oct 1, 2025. While determining the transfer duty on the basis of a registered document, if there is a part agreement and a transfer agreement, the date of such agreement in which the entire stamp duty of the property has been collected should be taken into consideration while determining the transfer duty. In the case of company limited, private limited, partnership, part partnership, and other such companies, if there is a change in name or PAN through Iincorporation certificate, the transfer fee should be fixed as per the Ready Reckoner rate in the year of such order. If the price of consideration or market value rate (Ready Reckoner) is not mentioned in the registered document with the registration and stamp department, govt of Maharashtra, while determining the transfer fee, the transfer fee should be determined as per the market value rate (Ready Reckoner) in the year of registration of the document. Additionally, in exceptional cases or in any other cases where the property has been sold or otherwise changed in the name of the occupant more than twice, but the property has not been transferred at any time during that period, the market value rate (Ready Reckoner) fixed by the registration and stamp department, govt of Maharashtra, for the year of last registration or transfer of the relevant property or the consideration, whichever is higher, should be considered while levying the transfer fee. The NMMC appealed to all property owners to complete the transfer process on time. It should be noted that detailed information about the revised order is available in the municipal corporation's tax department as well as on the official website of the municipal corporation Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.


Time of India
32 minutes ago
- Time of India
'If you are trying to brain-drain Bangalore...': US economist's H-1B explanation goes viral
Economist Peter St Onge's H-1B explanation goes viral. American economist Peter St Onge's video explaining the H-1B system and what changes the Donald Trump administration is trying to bring is has gone viral as he summarized that the H-1B overhaul that Trump is planning will restore the visa program to what it was meant for and not brain-draining India's Bangalore to run IT sweatshop in the US, depriving American workers. "Will Americans who did learn to code get jobs?" the economist asked as the administration is planning to switch to a wage-based H-1B hiring which means companies will be allowed to hire only high-wage top talents from foreign countries. "JD Vance blasted companies that laid off Americans and then replaced them at half the price with H-1Bs. The administration now plans to return the program to its original purpose of bringing in top talent rather than running coding sweatshops that replace Americans," the economist said. "The background is H-1B was introduced in 1990 to bring top talent in engineering technology and medicine. The original salary cut-off was $60,000 which in 1990 was about twice the salary of an entry-level programmer. In other words, top talent." "The problem is it was never adjusted for inflation and $60K is now below an entry-level programmer. If it were adjusted for inflation, the minimum H-1B today would be $139,000. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 1 Reason to Read The 5 Books American Investor Warren Buffett Recommends For Turning Your Life... Blinkist: Warren Buffett's Reading List Undo So what was originally supposed to be the best and brightest in the world is now a giant sweatshop. And giant it is. The initial H-1B cap was just 65,000 workers a year that grew to 85, then they added an unlimited exemption for universities, non-profits and government. Given each H-1B is a six-year visa and extendable, not 65,000, it's not 85,000, it's 730,000 H-1Bs, which is about one in 8 tech jobs," Onge broke it down. "It gets worse because after a few years as H-1Bs can be converted into green cards, who get to stay permanently. By one estimate, that's another 1.5 to 2 million H-1Bs, plus in dependents educated with your tax dollars, and we are talking roughly 3 million people on the H-1b gravy train, including roughly a million and a half tech workers, which is about one quarter of all tech jobs." "Now it's one thing if the workers were making $139 or $190, that's top talent who build companies and create jobs but at 60,000 is a different story. At that level, they are replacing entry-level American tech workers who never got the chance to upskill, build companies and create jobs." Onge said the cleanest fix would be simply to adjust for inflation, so instead of 60 it's 139,000, as what Elon and Vivek were proposing earlier this year, along with an annual fee to ensure H-1Bs are only used for top talent. "Now Trump is planning something more aggressive, converting the program to a kind of reverse auction where the highest wages get the slots. So if you are hiring a rockstar German AI programmer for half a million, it's automatic as it should be. If you're trying to brain drain Bangalore, it is a no," the economist said.


Time of India
an hour ago
- Time of India
Free sandwich, free wi-fi, Rs 1,200 bank bill: Inside India's airport lounge economy
Airport lounges have become a familiar sight for Indian travellers . They promise calm amid the bustle of terminals: free food and drinks, recliners, Wi-Fi, charging points, and sometimes even spa treatments or sleeping pods. The attraction is obvious. But one question lingers. If passengers are not paying directly, who is? Data analyst Suraj Kumar Talreja broke down the business model in a widely read post on X. 'Most people who enter lounges in India today don't actually pay anything out of pocket. You swipe your credit or debit card and walk in. It feels free.' Who really pays for the lounge access? That 'free' entry is anything but. As Talreja explained, 'Every time you enter a lounge using your card, whether it's HDFC, Axis, SBI , ICICI, or even Rupay, the lounge operator gets paid by the bank (or by Visa/Mastercard/Amex). This is part of your credit card benefit package, and the bank foots the bill as a loyalty and acquisition cost.' by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Worried About Bills? Learn How Pay-Later Loans Work TheDaddest Undo The numbers add up quickly. 'In India, it typically ranges from Rs 600 to Rs 1,200 per visit (domestic lounges) and 25 dollars to 35 dollars for international lounges (via networks like Priority Pass or LoungeKey),' he said. Even a quick sandwich and coffee can cost a bank that fee. — suritalreja (@suritalreja) Live Events How lounges stay afloat So how do lounges profit when most visitors pay nothing upfront? Talreja was direct. 'They get paid per visit, get volume from credit card users, often save on cost by partnering with caterers and airports and some sell day passes (low share).' There are four main ways travellers gain access: credit and debit card tie-ups, international networks like Priority Pass or DreamFolks, direct paid entry (usually Rs 1,500–Rs 3,000), and airline tickets in higher classes. The first option dominates in India, driven by banks competing for customers. Why banks want you inside lounges Banks are not simply covering costs out of generosity. Lounge access works as a powerful marketing tool. It creates a sense of privilege, encouraging cardholders to use their cards more often, which in turn earns banks transaction fees. Customers are also more likely to stay loyal or upgrade to premium cards. As Talreja put it, it is 'psychology + economics.' International lounge networks such as LoungeKey and Priority Pass play a different role. They do not own lounges. Instead, they act as middlemen, selling access rights in bulk to banks and settling payments directly with lounge operators. India has witnessed a boom in lounge usage. With every second traveller carrying a card promising entry, overcrowding has become common at airports in Delhi, Mumbai, and Bengaluru. This is pushing banks to tighten terms. New restrictions include limiting access to four free visits per quarter, barring supplementary cardholders, restricting entry to domestic terminals only, denying guest access, and suspending lounge use if a card is inactive. Premium cards such as HDFC Infinia, Axis Reserve, Amex Platinum, and ICICI Emeralde still promise unlimited or international visits, but these remain exceptions. Do lounges still make sense? For travellers, lounges often remain worthwhile. A plate of food and drinks can save between Rs 500 and Rs 1,000 compared to airport restaurants. Free Wi-Fi, air conditioning, charging stations, and clean restrooms add to the value. 'Some lounges have beds and showers (especially in T3 Delhi or Bangalore International),' noted Talreja. Not everyone is convinced. One user responded to his thread by saying, 'Airport lounges in India are now like a second-class railway station waiting room. Best skipped I think.' Others highlighted that many cards now demand a minimum spend before lounge privileges kick in. A model with winners all round Despite these debates, the model continues to benefit all sides. Travellers get comfort, banks build loyalty and earn fees, lounges secure steady payments, and airports manage crowds more smoothly. As one user summarised on X after reading Talreja's thread: 'What an awesome thread. Loved the details.' Another added, 'There is a B2B version of the lounge too, wherein you can buy a membership to get access to the lounge.' The economics may not be visible to passengers, but every swipe of a card is part of a carefully balanced system. It looks free, but it is anything but.