Category: World

London [UK], March 22: ‘Coming Together to Collaborate for Mutual Prosperity’ is the theme of the 17th Edition of Asia-Europe Business & Social Forum 2022, to be organised by AsiaOne Media Group, on 12th April ’22 at London Marriott Grosvenor Square Hotel, London, UK. The one-day mega Summit will be a grand congregation of business and social leaders from Europe, Asia, the Middle East and Africa on a global platform for mutual welfare and collaboration. The Forum will comprise key business and social leaders from business and government sectors from the UK, USA, France, Germany, India, Singapore, Dubai, Thailand, Indonesia, Bangladesh, Sri Lanka, Thailand, China/Hong Kong, Myanmar, Cambodia, the UAE, Oman, Malaysia, Morocco, Nigeria, Kenya and South Africa, who will come forward to facilitate fresher avenues of economic cooperation, networking and investment opportunities across the globe, especially in the Eurasian, Gulf and African region.

Through the 17th Edition of Asia-Europe Business & Social Forum 2021, AsiaOne Media Group intends to highlight the envious social and economic progress Europe, Asia, the Middle East and Africa have achieved and the various ways of collaboration for boosting economic growth and sustainable development. At the same time, the Forum promises a spectacular gathering of some of the great leaders of our time –Government Officials, Ambassadors, Business Owners, Investors, Royal Dignitaries and professionals like CEOs, CFOs, CTOs, CHROs, from Europe, the USA, the Middle East, South Asia, Africa and the Indian Subcontinent.

Talking about the theme of the Summit, Mr. Rajat Shukal, Global Head & Principal Partner, AsiaOne Magazine & UWG Media, said, “With the rapidly changing post-pandemic world, we need to evolve swiftly and transcend the boundaries of nations and geographies and join hands for mutual progress and prosperity. Undoubtedly, collaboration is the need of the hour. Here and now is the time when we need to collectively generate opportunities for world growth. After creating a Platform of Excellence for entire Asia, the Middle East and Africa, we intend to broaden the ambit and include Europe and the Americas to bring to fore World’s Greatest Brands and Leaders and simultaneously generate some of the never-before opportunities of networking, investment and sustainable development.”

Stressing on Corporate Social Responsibility (CSR) in the current scenario,Mr. Ajay Harinath Singh, Group Chairman, DPGC, said, “We strongly value our commitment to collectivity and collaboration for social welfare, especially in the light of the ongoing pandemic. I am delighted to state that our Group has been creating huge employment and income generation opportunities for youth during the COVID-19 pandemic. The Group has been entering into several high-growth sectors such as Retail, Defence Production, Logistics, and E-vehicles to create wealth for the nation and boost economic growth with employment. DPGC’s core value, vision, and robust CSR activities are in alignment with the theme of this edition of AsiaOne Summit. Through the upcoming AsiaOne COVID-19 Commitment Awards in the UK, we intend to promote the spirit of collectivity, caring, and collaboration, which we believe are the most significant virtues inherent in human beings.”

India & UK Marching Hand-in-Hand with Shared Goals

The two significant aspects which bind the two nations together are that both India and the UK are vibrant democracies and leading economies of the world. Both nations have made impressive advances in human resources, manufacturing, innovation, science& technology, education, research, fintech, space, defence, emerging and green technologies, clean energy, among others. Both hold immense potential to address global challenges pertaining to climate, security, terrorism and pandemics. Under the ‘2030 vision,’ India and the UK intend to forge a partnership that is mutually beneficial for both countries. They aim for revitalised and dynamic connections between their people; re-energised trade, investment and technological collaboration that improves their lives and livelihoods. They are also looking forward to enhancing defence and security cooperation, thereby facilitating a more secure Indian Ocean and Indo-Pacific Region. Primarily, they intend to collaborate in the broad spheres of climate, clean energy and health.

The Upcoming INDIA-UK Free Trade Agreement (FTA)

India and the United Kingdom (UK) formally launched negotiations for an ambitious Free Trade Agreement on 13^th January ’22 in New Delhi. The nations aim to reach an interim agreement by mid-April and subsequently a comprehensive deal by the end of the year. It is estimated that the FTA could double the bilateral trade to $100 billion by 2030. The Indian Minister of Commerce & Industry, Shri Piyush Goyal, and his British counterpart Ms. Anne-Marie Trevelyan jointly launched the talks for the FTA, which is being touted as India’s deepest trade deal to date.

The UK has been actively seeking new trade partners after Brexit and concluded its first trade deal with Australia in December ’21. India is UK’s third-largest exports market for Scotch whisky by volume after France and the US. The UK hopes that India will drastically cut its 150 per cent basic Customs duty on Scotch whisky under the FTA, which would widely open up the market. India seeks to gain from tariff reduction in labour-intensive sectors such as textiles, leather, jewellery, apart from cereals and pharma products.

About AsiaOne

AsiaOne is an international media house and the only Business & News magazine with a presence in more than 14 countries of Asia, the Middle East & Africa. AsiaOne Media has pioneered the research-based listing of Brands & Leaders and supplements its listings with the National & International Business & Social Summits and Awards function. It has been promoting some of the Greatest Leaders of the World through its several prestigious mediums, including Magazine, Coffee Table Book, Television Broadcast, various websites, Android and iOS Apps.

To learn more about the event, research and the greatest brands and leaders, visit www.theworldsgreatestbrands.com, www.theasiasgreatestbrands.com, www.theindiasgreatestbrands.com, www.asiaone.co.in, and www.asiaone.me or call us at +91-011-43281161-66 or write to us at global@asioane.co.in, dubai@asiaone.co.in, singapore@asiaone.co.in, and india@asiaone.co.in.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

New Delhi,  March 8: Under the theme “The riddim that connects the world”, the Jamaica Pavilion at the World Expo 2020 Dubai, aims to introduce and position Jamaica as a logistic hub connecting the Americas to the rest of the world. With the island strategically located, providing direct connections to major gateways, this makes the destination even more appealing to tourism investors and stakeholders in the airline industry.

Emirates Airlines is a premium airline from the Middle East region, and Jamaica’s Tourism Minister, Hon Edmund Bartlett has initiated discussions with top representatives of the airline during his visits to the World Expo 2020 Dubai. These discussions aim to enhance connectivity between the regions by facilitating airlift.

In an ongoing effort to enhance the connectivity efforts between Asia, the Middle East, Africa and Europe to Jamaica and the rest of the Caribbean and Latin American region, Minister Bartlett held meetings with His Highness Sheikh Ahmed B in Saeed Al Maktoum, Chairman and Chief Executive of the Emirates Group.

Other Jamaican dignitaries present at the meeting were, Senator The Honourable Kamina Johnson Smith, Minister of Foreign Affairs and Foreign Trade, leading the delegation to World Expo 2020 Dubai; Ambassador Alison Stone Roofe, Under Secretary for Multilateral Affairs; Donovan White, Jamaica’s Director of Tourism and Diane Edwards, President of JAMPRO. Sheikh Majid Al Mualla, Divisional Senior Vice President of International Affairs and Mr. Adnan Kazim, Chief Commercial Officer from Emirates Airlines were also present at the meeting.

Jamaica’s well developed and world-class infrastructure was an essential element of the dialogue as mention was made of the highways, airports and seaports including the existing air and sea connectivity within the region. The island’s meetings incentives conferencing and exhibitions (MICE) facilities which attract tens of thousands of business travellers for conferences, tradeshows and corporate activities are major advantages. Donovan White, Director of Tourism, Jamaica also presented relevant data on the island’s tourism product as he provided details on potential growth in airlift capacity in terms of potential flyers.

Minister Bartlett also briefed the Emirates delegation on the expansion of the Panama Canal and the benefits that Jamaica will gain from new and innovative commercial ventures as it seeks to position itself to join Rotterdam, Dubai, and Singapore as the fourth node in the international logistics chain. Director White gave an update that the Montego Bay Convention Centre is preparing to host the World Free Zone Organization (WFZO) AICE 2022 and is expecting 3,500 delegates from across the globe, with over 70% of that expected from Asia, Africa and Europe. Launched in UAE, the World Free Zone Organization will be hosting its annual AICE 2022 on June 13 – 17 in Jamaica.

Given Jamaica’s geographical location in the centre of the Americas, efforts are being made at an opportune time between Emirates Airlines and Jamaica to be partners to the wider region.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

(Becomes the first woman in 104 years to receive the prestigious Success Award)

 New Delhi (India), March 7: Shahnaz Husain, the renowned beauty maestro receives the “World’s Greatest Woman Entrepreneur” Award from Success, the New York-based business magazine, becoming the first woman in the world in 104 years to receive the prestigious Success Award.

Ms. Husain has been the recipient of several prestigious international awards during her career and this one would be another golden feather in her cap. Shahnaz Husain is the quintessential entrepreneur who recently received the ‘Promoting Ayurveda Worldwide’ and ‘Ayurveda Excellence’ Awards in the British Parliament. She also became a Harvard Case Study on Brand Creation. Now, she is a Harvard subject and part of the curriculum for “Emerging Markets.”

In recognition of the international market created by her for Ayurvedic beauty care, Washington Post pens, “Shahnaz Husain has done so much for India’s image abroad that she truly deserves the sobriquet of India’s Beauty Ambassador.”  www.shahnaz.in/

(Becomes the first woman in 104 years to receive the prestigious Success Award)

 New Delhi (India), March 7: Shahnaz Husain, the renowned beauty maestro receives the “World’s Greatest Woman Entrepreneur” Award from Success, the New York-based business magazine, becoming the first woman in the world in 104 years to receive the prestigious Success Award.

Ms. Husain has been the recipient of several prestigious international awards during her career and this one would be another golden feather in her cap. Shahnaz Husain is the quintessential entrepreneur who recently received the ‘Promoting Ayurveda Worldwide’ and ‘Ayurveda Excellence’ Awards in the British Parliament. She also became a Harvard Case Study on Brand Creation. Now, she is a Harvard subject and part of the curriculum for “Emerging Markets.”

In recognition of the international market created by her for Ayurvedic beauty care, Washington Post pens, “Shahnaz Husain has done so much for India’s image abroad that she truly deserves the sobriquet of India’s Beauty Ambassador.”  www.shahnaz.in/

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

Joint Meeting Proposed For Better Business Cooperation

Kolkata, February 23: INTERNATIONAL CHAMBER OF BUSINESS & INDUSTRY ICBI a premier association of business, industry and start-up companies from across the length and breadth of India and beyond national boundaries, recently wrote a letter to the members of the Dubai Chamber of Commerce & Industry, UAE to organise a joint meeting to exchange views on further strengthening of bilateral economic activities as well as seeking modalities of expanding business and improving the investment environment in India, ICBI stated in its statement.

To facilitate the development of leadership ‘attributes’, ‘skills’ and appropriate ‘business processes in industry, institutions and environment through consultancy, knowledge transfer and training on cutting edge processes and practices, To create, accumulate and disseminate knowledge on the core theme of leadership To extend our services we would like to organize a joint meeting with members of your esteemed Chamber with members of ICBI coming to Dubai followed by the World Expo, said Aditya Murarka, Vishnu Sureka& Mahesh Kedia Founder Trustees-ICB in the letter.

ICBI is a non-government, not-for-profit, industry-led and industry-managed organization, with over 350 members in Kolkata from the private sectors, including SMEs and MNCs, and an indirect membership of over 300 member enterprises from various cities in India & 30 nations, with a variety of industry sectors.

For more than 4 years, ICBI has been engaged in shaping India’s development journey and works proactively on transforming Indian Industry’s engagement in national development. ICBI charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialized services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues.

Extending its agenda beyond business, ICBI assists the industry in identifying and executing corporate citizenship programmes. Partnerships with civil society organizations carry forward corporate initiatives for integrated and inclusive development across diverse domains, including affirmative action, livelihoods, diversity management, skill development, empowerment of women, and sustainable development, to name a few.

Some of recently organized such events by ICBI include Business Meet with Finance Minister and Power Minister of Government of West Bengal, Business Meet & Investment Opportunities with the Democratic Republic of Congo; in the presence of Honorary Ambassador and Hon’ble Governor of West Bengal at ITC Sonar, Kolkata,  Interactive talk show with a spiritual guru, Shri Gaur Gopal Das at ITC Sonar, Kolkata Talk Show with Member of Parliament Mr. Shashi Tharoor at ITC Sonar, Kolkata Interactive session by Chetan Bhagat, at ITC Sonar, Kolkata,  Master class on Strategy by Deputy Dean, Indian School of Business, Dr Phil Zerrillo at ITC Sonar, Kolkata,  Master class on Problem-solving thoughts by ProvessorVidyanandJha, IIM Kolkata Business opportunities in Michigan, USA with American Council & MEDC Talk Show by KapilDev.

Our vision is to become a World Class Centre of knowledge and learning, providing training, information and consultation on all aspects of leadership development, stated in its statement.

Joint Meeting Proposed For Better Business Cooperation

Kolkata, February 23: INTERNATIONAL CHAMBER OF BUSINESS & INDUSTRY ICBI a premier association of business, industry and start-up companies from across the length and breadth of India and beyond national boundaries, recently wrote a letter to the members of the Dubai Chamber of Commerce & Industry, UAE to organise a joint meeting to exchange views on further strengthening of bilateral economic activities as well as seeking modalities of expanding business and improving the investment environment in India, ICBI stated in its statement.

To facilitate the development of leadership ‘attributes’, ‘skills’ and appropriate ‘business processes in industry, institutions and environment through consultancy, knowledge transfer and training on cutting edge processes and practices, To create, accumulate and disseminate knowledge on the core theme of leadership To extend our services we would like to organize a joint meeting with members of your esteemed Chamber with members of ICBI coming to Dubai followed by the World Expo, said Aditya Murarka, Vishnu Sureka& Mahesh Kedia Founder Trustees-ICB in the letter.

ICBI is a non-government, not-for-profit, industry-led and industry-managed organization, with over 350 members in Kolkata from the private sectors, including SMEs and MNCs, and an indirect membership of over 300 member enterprises from various cities in India & 30 nations, with a variety of industry sectors.

For more than 4 years, ICBI has been engaged in shaping India’s development journey and works proactively on transforming Indian Industry’s engagement in national development. ICBI charts change by working closely with Government on policy issues, interfacing with thought leaders, and enhancing efficiency, competitiveness and business opportunities for industry through a range of specialized services and strategic global linkages. It also provides a platform for consensus-building and networking on key issues.

Extending its agenda beyond business, ICBI assists the industry in identifying and executing corporate citizenship programmes. Partnerships with civil society organizations carry forward corporate initiatives for integrated and inclusive development across diverse domains, including affirmative action, livelihoods, diversity management, skill development, empowerment of women, and sustainable development, to name a few.

Some of recently organized such events by ICBI include Business Meet with Finance Minister and Power Minister of Government of West Bengal, Business Meet & Investment Opportunities with the Democratic Republic of Congo; in the presence of Honorary Ambassador and Hon’ble Governor of West Bengal at ITC Sonar, Kolkata,  Interactive talk show with a spiritual guru, Shri Gaur Gopal Das at ITC Sonar, Kolkata Talk Show with Member of Parliament Mr. Shashi Tharoor at ITC Sonar, Kolkata Interactive session by Chetan Bhagat, at ITC Sonar, Kolkata,  Master class on Strategy by Deputy Dean, Indian School of Business, Dr Phil Zerrillo at ITC Sonar, Kolkata,  Master class on Problem-solving thoughts by ProvessorVidyanandJha, IIM Kolkata Business opportunities in Michigan, USA with American Council & MEDC Talk Show by KapilDev.

Our vision is to become a World Class Centre of knowledge and learning, providing training, information and consultation on all aspects of leadership development, stated in its statement.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

New Delhi (India), February 12: RISE World Summit (RWS) 2022, the 9th edition of the networking platform curated and designed by RISE Infinity Foundation and Idobro Impact Solutions, came to a roaring close on 5th February 2022.

The Summit was a 3-day celebration of thematic impact by organizations and institutions from 56 countries spanning the entire spectrum of the SDGs and working tirelessly to achieve the Agenda 2030. To give them a platform to connect, communicate and collaborate, RISE Infinity Foundation, along with Idobro Impact Solutions, curated a virtual networking space named RISE PECO world community, which saw 4127 individuals sign up to be a part of the over 100 hours of programming delivered by 200 experts under 20 formats including film festivals, virtual tours, signature roundtable discussions, workshops and even yoga sessions.

During the entire length of the summit, the attendees had the opportunity to listen to thought leaders like Dr. Kiran Bedi, Jalpa Ratna- Chief of Field Services at UNICEF, Chaitanya Prasad- OSD at the Union I&B Ministry, Cheryl Kiser- Executive Director at the Lewis Institute, Babson Social Innovation Lab, Gopal Sankaranarayanan- Senior Advocate at the Supreme Court of India, Elizabeth A. Vazquez- CEO & Co-Founder of WEconnect International, Jonathan Kennedy- Director Arts India at British Council, Anshu Gupta- Founder Director of Goonj, Anna Lekvall- Consul General of Sweden in Mumbai, Philip Black- Director and Head of Strategic Partners and Trainings at COVID Student response network (CSRN), Dato’ Dr. Hartini Zainudin- Founder of Yayasan Chow kit, Cheryl Pinto- Executive Director of Corporate Services at Glenmark Pharmaceuticals, Walter Vieira- Former Chairman at International Council of Management Consulting Institutes among other luminaries.

As for the networking, the Summit allowed participants to have virtual exchanges with everyone who they felt aligned with their SDG inclination and interest as mapped by the AI feature of the platform, till 7th Feb 2022.

Karon Shaiva, Convenor, RISE PECOWorld shares, “It will take a network of networks to find solutions that cover every person, region, and issue the world faces. So partnership is the only real answer to leave no one behind as envisaged in the SDGs and make things work. After all, for a Better World and a Greener Planet, It takes Action ….. and Collaboration.”

Apart from all the programming, the Summit recognized two individuals for their immense contributions to their field and humanity at large. Prof. Philip Kotler, also known as the Father of Marketing, was awarded the RISE Lifetime Achievement Award and Adv. Gopal Sankaranarayanan- Senior Advocate at the Supreme Court of India, received the prestigious RISE Citizenship Award.

In addition, under the Glenmark Nutrition Awards at the Closing Plenary, Foodshaala Foundation, Farm 2 Food Foundation and Kudumbashree were felicitated with awards for winning in the Urban, Rural and Open category of the contest.

RISE World Summit 2022 was made possible by its global partner network bringing together brilliant minds and breakthrough conversations. Some of these were- UNICEF (India), WEConnect International, Save the Children, Orion Astropreneur Space Academy (Hong Kong), Swedish Institute, Babson College, World Food Programme, Tata Capital, SmartAid International (Australia), Climate Action Network South Asia (CANSA), Meaningful Business (London), HIT – Holon Institute of Technology (Israel), Aam Digital (Germany), British Council, Rotary International, Thomson Reuters Foundation, Vibha, Chevening Alumni India, Goonj, Asia School of Business, and Good karma fiction (Berlin – Nairobi – Cologne) to name a few.

For more information, please visit https://www.risesummit.in/ or write to us at deepakn@riseinfinity.org

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

New Delhi (India), February 12: Philip Kotler, the Father of Marketing, was awarded the RISE Lifetime Achievement Award at the 9th edition of the RISE World Summit 2022. This was to commend and recognize his contribution to the field of marketing and the usage of his concepts to help provide a path to economic initiatives across the globe for decades and social good in recent years.

While many fortune 500 organizations have benefitted from his ideas on marketing and strategy, the same concepts have also helped numerous social sector organizations take their messaging far and wide to create impact at scale to support millions of vulnerable communities.

The Summit was a 3-day celebration of many such organizations and institutions from 56 countries representing the entire spectrum of the SDGs and working tirelessly to achieve the Agenda 2030. To give them a platform to connect, communicate and collaborate, RISE Infinity Foundation, along with Idobro Impact Solutions, curated a virtual networking space named RISE PECOworld community, which saw 4127 individuals sign up to be a part of the over 100 hours of programming delivered by 200 experts under 20 formats including film festivals, virtual tours, signature roundtable discussions, workshops and even yoga sessions.

During the entire length of the summit, the attendees had the opportunity to listen to thought leaders like Dr. Kiran Bedi, Jalpa Ratna- Chief of Field Services at UNICEF, Chaitanya Prasad- OSD at the Union I&B Ministry, Cheryl Kiser- Executive Director at the Lewis Institute, Babson Social Innovation Lab, Elizabeth A. Vazquez- CEO & Co-Founder of WEconnect International, Jonathan Kennedy- Director Arts India at British Council, Anshu Gupta- Founder Director of Goonj, Anna Lekvall- Consul General of Sweden in Mumbai, Philip Black- Director and Head of Strategic Partners and Trainings at COVID Student response network (CSRN), Dato’ Dr. Hartini Zainudin- Founder of Yayasan Chow kit, Cheryl Pinto- Executive Director of Corporate Services at Glenmark Pharmaceuticals, Walter Vieira- Former Chairman at International Council of Management Consulting Institutes among other luminaries.

Prof. Kotler joined the Closing Plenary and was awarded the RISE Lifetime Achievement Award by Cheryl Kiser, and with it, Karon Shaiva- Convenor of the RISE PECOWorld, Chief Impact Officer & MD at Idobro Impact Solutions / RISE Infinity Foundation, also congratulated him for his 90th birth anniversary. Gopal Sankaranarayanan- Senior Advocate at the Supreme Court of India, was also awarded the RISE Citizenship Award for his zeal and commitment to using the judicial process for social and sustainability issues and their impact on the future of our world.

In his acceptance note, Prof. Kotler shared, “RISE Infinity Foundation and I share the same values – Responsible, Inclusive, Sustainable and Eco(system) friendly that will help build a better world and a greener planet. I published my autobiography recently; it’s called “My life as a Humanist”. Much of what I discussed in the book is humanism, capitalism that works for everyone, not for the few, building a better democracy, company marketing and the common good. We are living at a time when a number of great changes are converging at the same time. I am honoured to be talking to the members and audiences of RISE, and I thank you for awarding me the wonderful lifetime achievement award this year.” 

Karon Shaiva is the Convenor of the RISE PECOWorld, an innovative space for thought leaders to influence action and outcomes for the SDGs. She firmly believes that PEACE is the ultimate indicator of development, not the esoteric variety, but one that comes from the absence of conflict, be it internal or external between people, people v/s nature or nature v/s nature.  Karon is passionate about people-powered solutions based on Partnership, Entrepreneurship, Citizenship, and Ownership (PECO) to address some (if not ALL) of the world’s most pressing issues in a Shared World.  Karon Shaiva is constantly connecting people because together, we multiply our impact. She is the Chief Impact Officer of IDOBRO Impact Solutions and the Managing Trustee of RISE Infinity Foundation.  

The RISE Infinity Foundations (RIF), established in 2014, strengthens individuals and institutions for positive action and collective impact on the Sustainable Development Goals (SDGs). The aim objective is to help create a more Responsible, Inclusive, Sustainable and Eco-Friendly society. 

Idobro’s end-to-end approach seeks to overcome systemic barriers, provide market-based solutions and forge alliances driven by shared values and activated at 3 levels in the ecosystem. In the past 12 years, Idobro has established itself as a resource centre for Research, Implementation, Stakeholder Relations and Evaluation. We apply the critical lens of Gender, Innovation, Finance and Technology (GIFT) for deeper insights into diversity, inclusion and sustainability issues.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com

Manila (Philippines), January 25: The Philippines Food and Drug Administration (FDA) has approved the world’s first generic version of Pfizer’s anti-Coronavirus pill Paxlovid, just days after the original was granted Emergency Use Authorisation (EUA) by the US FDA.

The Philippines FDA has approved the department of health’s application for a compassionate special permit application for the first generic version of Paxlovid that has been launched by Beximco Pharmaceuticals, a leading generic drugmaker from Bangladesh.

Philippines-based Pharmaceutical company Biocare Lifesciences Inc would be the distributor and importer of a generic drug, which would be sold under the brand name Bexovid in the Philippines.

According to Pfizer, the risk of hospitalisation or death is reduced by 89% when Paxlovid is given within three days of the onset of symptoms and by 88% when given within five days of the onset of symptoms. The treatment, a combination of Nirmatrelvir and Ritonavir tablets, is given together twice a day for five days and is recommended for treatment of mild to moderate cases of Covid-19.

Pfizer data also suggests the drug remains effective against the faster-spreading Omicron variant of the Coronavirus, which is driving the latest surge in Covid-19 cases globally.

“The approval by the Philippines FDA will make Bexovid accessible to Covid-19 patients in the country and add another treatment protocol to the existing drugs. We plan to import 20,000 to 30,000 courses of Bexovid initially and expect the supplies to begin in the first week of February. Bexovid is expected to be priced 50-60% cheaper than the original Pfizer drug, making it an affordable option,” said Dileep Tiwari, Managing Director, Biocare Lifesciences, during an interview with CNN.

Bexovid is recommended as an at-home treatment to help reduce the severity of the infection. The drug has the potential to eliminate many hospitalizations, thus helping reduce the strain on the healthcare infrastructure.

“Bexovid is not meant for patients who are hospitalised. Any patient who is Covid-19 positive can buy the drug from hospitals once supplies begin,” said Mr. Tiwari in a CNN interview.

Separately, Bangladesh’s Directorate General of Drug Administration has also granted EUA for Bexovid to treat mild-to-moderate Covid-19 cases in patients aged 12 and above.

Manila (Philippines), January 25: The Philippines Food and Drug Administration (FDA) has approved the world’s first generic version of Pfizer’s anti-Coronavirus pill Paxlovid, just days after the original was granted Emergency Use Authorisation (EUA) by the US FDA.

The Philippines FDA has approved the department of health’s application for a compassionate special permit application for the first generic version of Paxlovid that has been launched by Beximco Pharmaceuticals, a leading generic drugmaker from Bangladesh.

Philippines-based Pharmaceutical company Biocare Lifesciences Inc would be the distributor and importer of a generic drug, which would be sold under the brand name Bexovid in the Philippines.

According to Pfizer, the risk of hospitalisation or death is reduced by 89% when Paxlovid is given within three days of the onset of symptoms and by 88% when given within five days of the onset of symptoms. The treatment, a combination of Nirmatrelvir and Ritonavir tablets, is given together twice a day for five days and is recommended for treatment of mild to moderate cases of Covid-19.

Pfizer data also suggests the drug remains effective against the faster-spreading Omicron variant of the Coronavirus, which is driving the latest surge in Covid-19 cases globally.

“The approval by the Philippines FDA will make Bexovid accessible to Covid-19 patients in the country and add another treatment protocol to the existing drugs. We plan to import 20,000 to 30,000 courses of Bexovid initially and expect the supplies to begin in the first week of February. Bexovid is expected to be priced 50-60% cheaper than the original Pfizer drug, making it an affordable option,” said Dileep Tiwari, Managing Director, Biocare Lifesciences, during an interview with CNN.

Bexovid is recommended as an at-home treatment to help reduce the severity of the infection. The drug has the potential to eliminate many hospitalizations, thus helping reduce the strain on the healthcare infrastructure.

“Bexovid is not meant for patients who are hospitalised. Any patient who is Covid-19 positive can buy the drug from hospitals once supplies begin,” said Mr. Tiwari in a CNN interview.

Separately, Bangladesh’s Directorate General of Drug Administration has also granted EUA for Bexovid to treat mild-to-moderate Covid-19 cases in patients aged 12 and above.

About Post Author

RNT Reporter

dhaval.rntoday@gmail.com

https://republicnewstoday.com