Alembic gets USFDA nod for generic drug
Alembic Pharmaceuticals
on Friday said it has received approval from the US health regulator to market a generic medication for the prevention of heart attack and stroke. The company has received final approval from the US Food & Drug Administration (
USFDA
) for its abbreviated new drug application (ANDA) for
Ticagrelor Tablets
, 90 mg and tentative approval for Ticagrelor Tablets, 60 mg, Alembic Pharma said in a statement.
#Pahalgam Terrorist Attack
India's Rafale-M deal may turn up the heat on Pakistan
China's support for Pakistan may be all talk, no action
India brings grounded choppers back in action amid LoC tensions
The company's approved ANDA is therapeutically equivalent to AstraZeneca Pharmaceuticals's Brilinta Tablets, 60 mg and 90 mg, it added.
Ticagrelor tablets are indicated to reduce the risk of cardiovascular (CV) death, myocardial infarction (MI), and stroke in patients with acute coronary syndrome.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Villas For Sale in Dubai Might Surprise You
Villas In Dubai | Search Ads
Get Rates
Undo
For Ticagrelor Tablets, 90 mg, Alembic was one of the first ANDA applicants to submit a substantially complete ANDA with a paragraph IV certification, the drug firm said.
According to IQVIA, Ticagrelor Tablets (90 mg) have an estimated market size of USD 1,062 million for twelve months ending March 2025.
Live Events
Ticagrelor Tablets, 60 mg have an estimated market size of USD 242 million for twelve months ending March 2025.
Alembic shares were trading 0.03 per cent down at Rs 876.10 apiece on BSE.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
40 minutes ago
- Time of India
If AI codes all software and even takes away factory jobs, Zoho's Sridhar Vembu says humans will still have no shortage of work
As artificial intelligence continues to advance rapidly, concerns about job loss and human relevance in an automated future have grown louder. Addressing these fears head-on, Zoho founder Sridhar Vembu recently shared his views on how society might evolve if AI takes over most or even all kinds of work. AI May Take Over Code, But Not Purpose In a recent post on X (formerly Twitter), Vembu presented a hypothetical future where all software development is fully automated and software engineers, like himself, are out of work. However, he stressed that we are 'nowhere close to that goal' right now. Even if AI systems reach a point where they can independently manage all coding tasks, he argued, it doesn't mean human beings will become obsolete. Vembu argued that the core issue wouldn't be the disappearance of work but how the economic benefits of automation are shared. He said the problem would shift from technological capability to political economy—how income and access to goods are redistributed. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Cat Lovers Adore This Unique Lamp Graddi Read More Undo Two Possible Paths to a Fairer System According to Vembu, there are two key ways this dilemma could be resolved: Zero-Cost Goods: One scenario involves goods made by robots and AI becoming so cheap that their prices drop to zero, much like the air we breathe. In this world, essential services and products would be accessible to everyone without cost being a barrier. Higher Value for Human-Centric Jobs: The second possibility is that the remaining human roles — such as caring for children, nursing the sick, or restoring ecosystems — may gain higher economic value. These roles, Vembu said, could command greater purchasing power, especially if goods become ultra-affordable. He emphasized that these solutions require intervention, especially through anti-monopoly regulations. Without government efforts to break up tech monopolies, the cost savings from automation may not reach the general public. — svembu (@svembu) Public Reactions Reflect Hope, Concern, and Debate Vembu's comments sparked a wave of responses online. Some users agreed that AI might eventually replace most economic functions, while others warned of risks — including job loss, loss of skills, and monopolistic control of resources. One user pointed out that building and maintaining the robots themselves would still require engineers, energy, and infrastructure. Another suggested the need for an 'AI ombudsman' to oversee the direction AI development takes. Some questioned who would control these technologies, fearing they could become exclusive tools of the elite. The Future of Coding and Legacy Systems In a separate discussion, Vembu earlier questioned the continued relevance of older programming languages like C, JavaScript, and SQL. He argued that these tools, though widely used, might not suit the demands of the next century. Modern web development, he noted, is bogged down by the complexity of using multiple programming languages just to build simple interfaces. He suggested that AI could drive the transition away from these legacy systems by forcing the tech world to reimagine the fundamental principles of computing. Far from making engineers redundant, this shift may redefine their work, pushing them toward innovation rather than maintenance.
Time of India
41 minutes ago
- Time of India
Why aluminium prices are rising and what to expect next
Hareesh V, Head of Commodities , Geojit Investments Aluminium, an essential component of modern industry, plays a vital role in sectors ranging from construction and transportation to packaging and renewable energy. As of June 2025, aluminium prices are trading between $2,450 and $2,600 per ton in the key London Metal Exchange. The recent uptick—about 10–15% since January —is largely driven by renewed US-China tariffs, supply chain disruptions, and rising energy costs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Khu Pho Ba Hang: Unsold Furniture Liquidation 2024 (Prices May Surprise You) Unsold Furniture | Search Ads Learn More Undo The imposition of higher tariffs on aluminium imports into the US, aiming to protect domestic producers, led to a surge in commodity prices that contributed to global price volatility. Play Video Pause Skip Backward Skip Forward Unmute Current Time 0:00 / Duration 0:00 Loaded : 0% 0:00 Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 1x Playback Rate Chapters Chapters Descriptions descriptions off , selected Captions captions settings , opens captions settings dialog captions off , selected Audio Track default , selected Picture-in-Picture Fullscreen This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Text Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Opaque Semi-Transparent Transparent Caption Area Background Color Black White Red Green Blue Yellow Magenta Cyan Opacity Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Drop shadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Over the past decade, the aluminium market has experienced significant shifts driven by geopolitical tensions, energy prices, and evolving demand patterns—particularly influenced by China, the world's largest producer and consumer. China, which accounts for nearly 60% of global aluminium output, is experiencing a slowdown in manufacturing activity. A recent contraction in its manufacturing sector has raised concerns about reduced demand from the world's largest commodity consumer. Live Events Over the past decade, China's aluminium output has surged, supported by state-backed investments and a robust manufacturing base. However, environmental policies and energy constraints have recently led to production curbs, especially in coal-intensive regions. In 2025, China's aluminium demand is expected to remain relatively stable, with modest growth in the construction and EV sectors offset by a slowdown in real estate and exports. Meanwhile, supply-side reforms and energy transition policies are likely to keep production growth in check, contributing to tighter domestic balances and increased reliance on imports. Globally, aluminium supply and demand have seen moderate growth over the last ten years. From 2015 to 2024, global aluminium demand grew at an average annual rate of 2.5%, driven by increased consumption in electric vehicles, infrastructure, and green technologies. However, supply growth has been constrained by environmental regulations, energy costs, and geopolitical disruptions. Aluminium prices have been notably volatile in the past decade. In 2015, prices hovered around $1,600 per metric ton, reflecting oversupply and weak demand. Prices gradually recovered, peaking above $3,000 per ton in 2021 amid post-pandemic stimulus and supply chain disruptions. Since then, prices have fluctuated due to macroeconomic uncertainty, energy costs, and trade tensions. Global aluminium mine supply has experienced moderate growth in recent years, due to rising demand for lightweight, sustainable materials and the global energy transition. However, geopolitical tensions, environmental concerns, and regulatory changes continue to pose risks to supply stability. In 2025, mine supply is expected to remain tight due to delays in new project developments and logistical challenges. Looking ahead, aluminium prices are expected to remain volatile through the rest of 2025. Amid persistent geopolitical tensions, constrained supply from China, and growing demand from alternative markets like India and the Middle East are likely to keep prices firm in the second half of this year. However, downside risks remain. A potential global recession , weakening industrial output, and high interest rates could dampen demand and exert downward pressure on prices. Aluminium's strategic importance continues to grow, but the market faces a complex mix of opportunities and challenges. While long-term demand remains strong, especially from green industries, short-term volatility driven by macroeconomic and geopolitical factors will likely define the aluminium landscape in 2025. (The author Hareesh V. is head of Commodities, Geojit Investments. The views expressed are personal.)
&w=3840&q=100)
Business Standard
an hour ago
- Business Standard
Tata Steel to begin UK low-carbon project in July 2025, eyes 2027 launch
Homegrown Tata Steel is expecting to start the construction of its low-carbon EAF-based steel making project in the UK from July 2025 and commence operations by 2027, top company officials said. The company has received necessary approvals for its USD 1.5 billion project at Port Talbot, Tata Steel CEO & MD T V Narendran, and ED & CFO Koushik Chatterjee said in the company's annual report for FY2024-25. "We are now transitioning to decarbonised and state-of-the-art EAF-based steelmaking by FY2027-28, supported by 500 million pounds in the UK Government funding," the management said. They said that planning approval has been received for the EAF (electric arc furnace) project at Port Talbot and the construction is expected to commence in July 2025. The operations in the UK have been shut and the company is servicing its customers from its India and Netherlands operations. "We have exited from steelmaking through the end-of-life heavy end assets in Port Talbot, and moved to a downstream model using imported substrate from India, the Netherlands and other external sources," an official said. Speaking further on the UK plan, the officials said the structural transition is also accompanied by a significant focus on cost rationalisation as the company plans to bring down its fixed costs further from 762 million pounds in FY2024-25 to 540 million pounds in the coming year. The reductions are based on optimising substrate costs, modernising IT infrastructure, rationalising downstream operations and eliminating corporate overheads. As part of its efforts to reduce carbon emissions, the company is transitioning from the blast furnace route to the low-emission electric arc furnace process, which will utilise the locally available scrap.
