Skip to content
Search

Latest Stories

Swiss firm gets COVID-19 test approval in India

THE Drug Controller General of India (DCGI), the drug regulator in the country, has given approval to Swiss company Roche Diagnostics India to conduct coronavirus tests.

Roche Diagnostics is the first private firm to get such permission after the government decided to allow accredited private labs to test for COVID-19.


The DCGI is now assessing giving license to another private diagnostic firm, bioMérieux, which has also sought approval to conduct tests for coronavirus, reports said.

Two Indian diagnostic companies-- Trivitron Healthcare and Mylab Discovery Solution-- have also sought approval from the DCGI for the coronavirus testing kits developed by them.

The Indian health ministry has issued guidelines for private sector laboratories intending to initiate COVID-19 testing while appealing them to conduct the tests free of cost.

Roche Diagnostics India is the country’s in-vitro diagnostics market leader. The Company started operations in January 2002 and provides diagnostic testing solutions and services for early detection, evaluation and monitoring of diseases.

The company provides a wide range of diagnostic products in the areas of diabetes, virology, immunology, blood screening, women’s health, microbiology and oncology for India’s customers.

More For You

Warner Bros Paramount bid

Netflix wants Warner Bros' movie studio and HBO streaming service, gaining access to the company's extensive content library

Getty Images

Warner Bros urges shareholders to reject Paramount's £80.75 billion bid, backs Netflix deal

Highlights

  • Warner Bros board unanimously rejects Paramount Skydance's $108.4bn (£80.75bn) takeover bid.
  • Netflix's $72bn (£53.7bn) deal for film and streaming businesses deemed superior by board.
  • Paramount backed by billionaire Ellison family, while Netflix offer seen as better financed with clearer structure.

Warner Bros Discovery has told shareholders to reject Paramount Skydance's $108.4bn (£80.75bn) takeover bid, recommending instead a $72bn (£53.7bn) deal with Netflix for its film and streaming businesses.

The board "unanimously" agreed the Netflix deal was in the firm's best interests, despite Paramount claiming its offer was "superior" to the streaming giant's proposal.

Keep ReadingShow less