PNB VESPER a Kochi-based biopharma company located in the southern state of Kerala, signed agreements with the U.S. National Institute on Drug Abuse (NIDA) to develop drugs to treat opioid and cocaine addiction disorders. Kochi, (formerly Cochin) is part of the southwestern state coastal state of Kerala. Per the deal,...
India’s Aster Medcity, Medtronic, Partner to Deliver Parkinsons Therapy
Aster Medcity, a healthcare center in the city of Kochi (earlier known as Cochin), in India's south western state of Kerala, is the flagship hospital of Aster DM Healthcare, a healthcare conglomerate founded by Azad Moopen. This facility has become the first center in South Asia to introduce NeuroNav MER...
Norway's Orkla to acquire another Indian Consumer Company
When I lived in Bangalore, one of the hottest restaurants in town was the Mavalli Tiffin Room, known to everyone at MTR. The owners of the restaurant diversified into the into the instant food business, selling spices and ready-to-eat south Indian snacks and condiments such as "chutneys" and "rasams. MTR products rapidly...
OrthoFX to establish R&D Center in Kerala
San Francisco-based orthodontic startup OrthoFX has raised $13 million led by SignalFire, in association with Unusual Ventures, ShangBay Capital and Kairos Ventures. Co-founded by Invisalign’s Global Head of Product Management and Innovation Ren Menon, the startup also unveiled a suite of clear aligner technologies, coupled with a doctor-friendly financial model....
Indian Startup Improves Blood Supply Chain Processes
Bagmo, or the 'Blood bAG MOnitoring' device created by a team of clinical engineers, product developers, and public health experts in Kochi, India, monitors the temperature of blood bags during transportation and storage. Bagmo Private Limited, the B2B company that makes these devices, aims to reduce wastage at blood storage centers,...
First Cold Stone Creamery Opens in India
Restaurant News Source reports that Scottsdale, Arizona-based Cold Stone Creamery launched its first franchise location in India at the Lulu Mall in Kochi, in the western state of Kerala. Kahala Brands, the parent company of the Cold Stone Creamery brand has joined forces with Tablez Food Company, part of Lulu Group International, LLC, to...