Ferring Pharmaceuticals and Merck & Co, also known as MSD in India, today announced the completion of largest clinical trial conducted in postpartum haemorrhage (PPH). Around 14 million mothers every year are affected by excessive bleeding after childbirth or PPH. Even when women survive, PPH can result in the need for serious medical interventions, including surgical removal of the uterus (hysterectomy) as well as blood transfusions to address severe anaemia. According to the company release, Ferring will seek registration of heat-stable carbetocinon, a broad basis around the world. If approved, it would manufacture the product and give to low, and lower-middle income countries at an affordable and sustainable access price. . . ** MicroPort makes foray into orthopedic implants in India * MicroPort Scientific India, a wholly-owned subsidiary of MicroPort Scientific Corporation, today announced its entry into the orthopedic implants segment. This launch is a step in the direction of becoming a key player in the medical devices space in the country, with MicroPort's cardiovascular stent range having already made its mark in India, a company statement said here. . . ** Horiba unveils new product in India for emission monitoring * Horiba India, a wholly owned subsidiary of Horiba Japan, today said it has introduced its flagship product range 'ENDA - 5000' series, a stack gas monitor system, useful for compliance monitoring of air pollution. This product will be useful for compliance monitoring of the exhaust gas from the stack of a stationary source, a company release said. Based on the application the cost of product would be in the range of Rs 15-20 lakh. .
. . **** Thomas Cook expands presence in southern India * Integrated travel and travel related financial services company Thomas Cook (India) has expanded its presence in southern India by opening eight new outlets since last year. It now has 50 consumer access centres, including 23 owned branches and 27 franchise outlets in south India, the compay said in a statement. "Our strategic focus is to maximise on this market potential via organic expansion and we've carefully selected high footfall centres for our new outlets in prime catchment locations within metros as well as in tier II and III locations in south India," Thomas Cook (India) president and country head, leisure travel and MICE, Rajeev Kale said. . ** Sixth edition of CREDAI Hyderabad Property Show from March 2 * The sixth edition of the Hyderabad Property Show will begin at Hitex Exhibition Center from March 2. The three-day event will be bringingtogether 120 developers from across the city, said S Ram Reddy, president, Confederation of Real Estate Developers Associations of India (CREDAI) Hyderabad. The event will showcase over 15,000 projects including integrated townships, apartment complexes, gated communities, villas, green buildings with a special impetus on retail and commercial complexes. . . ** Grex set to launch registry solutions for unlisted securities * Grex Alternative Investments Market, a digital platform for startups and SME's to raise capital today said it will launch a platform to enable companies to keep their shareholder registry on a blockchain system. Grex is calling this solution 'stockchain'. "We have been working with startup REGKO that manages the stockchain framework, to test its platform to integrate with the stockchain framework," a company statement said here. It has begun on-boarding various participants associated with the ecosystem like companies, investors and sponsors on the platform, the release said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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