New Jersey-based Acrotech Biopharma, a wholly-owned subsidiary of Aurobindo Pharma USA Inc., entered into a licensing agreement with Evive Biotech a subsidiary of China's Yifan Pharmaceutical Company Ltd., to commercialize Ryzneuta in the U.S. market. The product, a novel dimeric G-CSF long-acting fusion protein without pegylation, is presently under late-stage...
India Considers Global Joint Ventures to Expand Electronics Manufacturing
Per the recommendations from Building India’s Export Competitiveness in Electronics–2025-26: From Assembly to Manufacturing Hub: Call to Action Report from the think tank National Council of Applied Economic Research, the Government of India has taken action. The report recommended that India soften rules on allowing investment from China if it...
U.S., India, 16 Allies Strengthen Supply Chains
U.S. Secretary of State Antony Blinken and Commerce Secretary Gina Raimondo co-hosted the Supply Chain Ministerial Forum virtually on July 19-20. A partnership was formed of 18 economies: the U.S. EU, Australia, Brazil, Canada, Congo, France, Germany, India, Indonesia, Italy, Japan, Mexico, Netherlands, South Korea, Singapore, Spain and the U.K....
Biden Launches the Indo-Pacific Economic Framework
On May 23 during President Biden's first Asia tour, he revealed Washington’s long-awaited Asia-Pacific economic strategy: the Indo-Pacific Economic Framework for Prosperity (IPEF). "The future of the 21st century economy is going to be largely written in the Indo-Pacific — in our region," the President said. Along with a dozen...
Americans Generally Warm Toward India
As Americans eye the Asia-Pacific region, they see a mix of friends and some foes, according to a new Pew Research Center survey conducted in February. Asked to rate their feelings toward four countries in the region on a "feeling thermometer," where a 0 indicates the coldest and most negative...
Washington Galvanizes as India Battles Covid-19 Tsunami
On April 6, 2020 , as the United States was pummeled by the Covid-19 pandemic, Time Magazine lamented how India had blocked exports of a malaria drug that held potential to treat novel coronavirus patients. The President of the United States tweeted asking India for help and within just six...