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Gland Pharma shares in focus after subsidiary Cenexi gets 11 observations from French regulator
Gland Pharma shares in focus after subsidiary Cenexi gets 11 observations from French regulator

Time of India

time5 days ago

  • Business
  • Time of India

Gland Pharma shares in focus after subsidiary Cenexi gets 11 observations from French regulator

Gland Pharma shares will be in focus on Thursday after the company announced that its material subsidiary, Cenexi, received 11 observations from France's drug regulator, Agence nationale de sécurité du médicament et des produits de santé (ANSM), following a Good Manufacturing Practices (GMP) inspection at its Fontenay manufacturing facility. In a stock exchange filing, Gland Pharma stated: 'The ANSM, France, has issued its final report citing 11 observations pursuant to the GMP inspection of Cenexi's Fontenay manufacturing facility conducted between December 9 and December 19, 2024.' In response, Cenexi has submitted a Corrective and Preventive Action (CAPA) plan, outlining measures to be implemented over a 3- to 12-month period, depending on the nature of each observation. The plan has been accepted by ANSM. Also Read: MRF snatches India's highest-priced stock crown back from Elcid Investments Live Events The company clarified that the observations will not impact manufacturing operations at the Fontenay site. Gland Pharma added that Cenexi is committed to resolving the issues in coordination with the French regulator and will continue to update stock exchanges on further developments. Also Read: These 10 Nifty microcap stocks can rally 70-200% in the next 12 months Gland Pharma Share Price Target and Performance According to Trendlyne, the average target price for Gland Pharma is Rs 1,678, implying a potential upside of 3% from current levels. Of the 12 analysts tracking the stock, the consensus rating is 'Hold'. On Wednesday, Gland Pharma shares closed 1.88% higher at Rs 1,623.7 on the BSE, while the Sensex gained 0.32%. The stock has rallied 16% in the last one month but remains down 43% over the past three years. The company's market capitalisation stands at Rs 26,751 crore. Also Read: Ola Electric, Kalyan Jewellers among 10 firms where promoters pledge increased in Q4 ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

Trump budget proposes drastic cuts for US scientific research
Trump budget proposes drastic cuts for US scientific research

New Straits Times

time02-05-2025

  • Health
  • New Straits Times

Trump budget proposes drastic cuts for US scientific research

WASHINGTON: The White House wants to reduce US health spending by more than a quarter next year, with the National Institutes of Health and Centers for Disease Control and Prevention facing the brunt of billions of dollars in cuts. President Donald Trump's administration on Friday proposed a US$163 billion cut to the federal budget that would sharply reduce spending in areas including health, education, and housing next year, while increasing outlays for defense and border security. The proposed budget requests US$93.8 billion for the Department of Health and Human Services - a cut of US$33.3 billion, or 26.2 per cent - from this year's budget of US$127 billion. It includes a cut of US$18 billion, or 40 per cent of the money allocated to the NIH, leaving it with US$27 billion. The Trump administration wants to cut funding altogether for four of the agency's 27 institutes and centers while consolidating others into five new ones. A total of almost US$1 billion would be eliminated for the National Institute on Minority and Health Disparities, Fogarty International Center, National Center for Complementary and Integrative Health, and National Institute of Nursing Research. Some of the NIH's remaining institutes and centers would be consolidated under five new ones: the National Institute on Body Systems Research, National Institute on Neuroscience and Brain Research, National Institute of General Medical Sciences, National Institute of Disability Related Research, and National Institute on Behavioral Health. Cutting NIH funding threatens research into cures for serious diseases, puts lives at risk, and delays diagnoses, treatments and cures, said George Vradenburg, chairman of UsAgainstAlzheimer, patient advocacy group. 'WHOLESALE GUTTING' The proposal almost halves the CDC budget by almost US$3.6 billion, leaving it with a US$4 billion budget. It proposes merging various programs tackling infectious diseases, opioids, sexually transmitted infections and other areas into one grant program funded at US$300 million. It calls for eliminating programs it described as "duplicative" or "simply unnecessary" like the National Center for Chronic Diseases Prevention and Health Promotion, National Center for Environmental Health, National Center for Injury Prevention and Control, Global Health Center, Public Health Preparedness and Response, and Preventive Health and Human Services Block Grant. The administration did not propose cuts at the Food and Drug Administration. It proposed $674 million in cuts at the Centers for Medicare and Medicaid Services but said benefits would not be affected. The cuts follow a plan announced in March by Secretary for Health and Human Services Robert F. Kennedy Jr. seeking to reshape federal public health agencies by cutting 10,000 employees and centralizing some functions of the FDA, CDC and others under his purview. The job cuts include 3,500 at the FDA, 2,400 at the CDC, and 1,200 at the NIH. "This isn't a reorganization; it's a wholesale gutting of programs that save lives and reduce healthcare costs for all of us. Eliminating these efforts would reverse decades of progress," former CDC Director Dr. Tom Frieden said of the proposed budget.

Carbon monoxide poisoning is suspected in several traveler deaths. Here's how to stay safe on your next trip
Carbon monoxide poisoning is suspected in several traveler deaths. Here's how to stay safe on your next trip

CNN

time03-04-2025

  • Health
  • CNN

Carbon monoxide poisoning is suspected in several traveler deaths. Here's how to stay safe on your next trip

Carbon monoxide, often called the 'silent killer,' has no taste, odor or color, yet prolonged inhalation of the invisible gas has been tied to the recent deaths of several American tourists traveling abroad. In March, 14-year-old Miller Gardner, son of former New York Yankees player Brett Gardner, died on a family vacation at a Costa Rica beach resort. A month prior, three American women were discovered dead in their Belize hotel room. In both cases, authorities have said carbon monoxide poisoning caused the deaths. While many homes in the U.S. are equipped with alarms that detect the presence of the dangerous gas, travelers may need to take extra precautions to limit their exposure on the road. Carbon monoxide is produced when natural gas is burned in appliances like boilers, pool heaters, gas stoves, fireplaces and dryers, according to the U.S. Environmental Protection Agency. 'Every carbon monoxide producing appliance is designed to take those toxic fuels out of the building,' said Charon McNabb, founder of the National Carbon Monoxide Awareness Foundation. Without regular maintenance, McNabb said venting systems can corrode or shift, creating leak pathways for carbon monoxide to remain trapped indoors. The gas is then capable of traveling into nearby rooms through drywall, doors and air ducts. A buildup of carbon monoxide in the air can diminish your ability to absorb oxygen, resulting in serious or fatal tissue damage to the brain, heart and muscles. According to a 2019 study published in the journal Preventive Medicine Reports, 905 U.S. lodging guests were poisoned by carbon monoxide from 2005 to 2018, resulting in 22 deaths. In the U.S., requirements for carbon monoxide detectors in homes and hotels differ by state, according to the National Conference of State Legislatures. While vacation rental platforms like VRBO and Airbnb only require listed units to meet local regulations, owners can indicate whether a carbon monoxide alarm is present on the property within their listings. McNabb advises travelers booking accommodations to call ahead of their stay to check for the presence of detectors in each guest room and ask about the location of their room within the building. 'Travelers may want to stay away from (rooms next to) pools and pool heaters because typically, the chemicals for the pools are kept in the mechanical room where the heater is stored, and those chemicals can corrode the metal much quicker, creating leak paths,' McNabb said, adding that rooms on higher floors can also provide a safer distance from gas-powered yard equipment. 'If you're not totally confident in the answers you get, play it safe and bring your own (carbon monoxide) alarm,' McNabb said. Portable alarms are battery or outlet powered, pocket-sized devices capable of monitoring CO levels and alerting the user of unsafe levels. TSA permits travelling with carbon monoxide alarms, but lithium batteries should be taken out of the device and placed in carry-on luggage. Kos Galatsis, CEO of Forensics Detectors, which sells air quality monitoring devices, suggests travelers keep the alarm by their bedside, as many poisonings occur while stationary or sleeping. Prices for portable CO alarms online range drastically, but the most important feature to look out for is a UL 2034 certification, which designates the device is in line with national product safety standards. Campers should avoid using portable gas stoves, gas-powered lanterns, power generators and flameless chemical heaters inside of tents, according to the Consumer Product Safety Commission (CPSC). This is especially important when camping in high altitudes, where the risk of carbon monoxide poisoning is increased. Tents should also be pitched away from idling vehicles and campfire, according to the CPSC. Initial symptoms of carbon monoxide exposure can easily be mistaken for the flu, jet lag or stomach bugs. Signs of poisoning, according to Mayo Clinic, include: - Dull headache - Weakness - Dizziness - Nausea or vomiting - Shortness of breath - Confusion - Blurred vision - Loss of consciousness High levels of exposure can cause symptoms such as mental confusion and loss of muscle control to develop more rapidly. If you or fellow travelers experience any of these symptoms, seek fresh air and medical advice immediately.

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