Wednesday December 19, 2018

India becomes the third country to produce nano-crystal based medicines

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Chandigarh: National Institute of Pharmaceutical Education and Research (NIPER), Mohali has enabled India to develop the required technology to produce raw materials for manufacturing nano crystal based medicines.

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Photo Credit: hopkinsbio.org

With this, India joins US and Ireland, and becomes the third country to have this technology, according to a report published in Times of India.

Nanocrystals are basically nanometer sized particles that can act more efficiently than conventional drugs. The disadvantage with the conventional drugs is that they are not easily soluble in water. In fact, around 60% of them are insoluble in water. Hence, when these drugs are taken into the body, most of them are excreted out as they do not get absorbed into blood.

NanoCrySP, the nano crystalline solid dispersions that can be produced using the NPER’s technology will address the issue of non-solubility as these nano-crystals easily get dissolved and absorbed into the blood stream.

The nano-crystals occupy a lion’s share of 60% in the $136 billion global market of nanotechnology medicines. With an intention to tap this market, NIPER has already got an Indian patent and has submitted applications for American and European patents.

NIPER has further entered into a licensing agreement with an Indian pharmaceutical company- Windlas Biotech limited, for scaling up and commercialization of the drug.

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10 Media Outlets From India Selected For YouTube Funding

Other projects look at the sustainability of news organisations, including work on new business models and programmes to support a healthy news ecosystem

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10 Indian media outlets among 87 selected for YouTube funding. Pixabay

Ten media outlets from India have been selected for receiving YouTube innovation funding as part of the Google News Initiative (GNI) to help newsrooms and publishers strengthen their online video capabilities and experiment with new formats for video journalism.

These 10 news organisations – Asianet News Media and Entertainment Pvt. Ltd., Bharatiya Digital Party (BhaDiPa), FACTLY, Gaon Connection, India Today Group, Live Data Visualisation Pvt. Ltd., NDTV, NYOOOZ, ShepHertz and Video Volunteers — are among the 87 selected from 23 countries.

“Today’s announcement reinforces our commitment to supporting a strong future for news video,” Timothy Katz, Director of News Partnerships, YouTube, said in a blog post on Tuesday.

“Hailing from 23 countries around the world, they represent a diverse array of broadcasters, traditional and digital publishers, local media, agencies and creators, but all share a commitment to quality journalism and a spirit of innovation,” Katz added.

YouTube is rolling out a new service "YouTube Music" on May 22 to seperate the music and film components on the Google-owned video-sharing platform.
YouTube. Pixabay

As part of the launch of Google News Initiative in March, YouTube committed $25 million funding to support the future of news.

Many of the projects selected for the innovation funding are focused on expanding newsroom video operations and trying out new ways of reporting news through video — from reaching younger audiences online to exploring live and fact-checking formats.

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Other projects look at the sustainability of news organisations, including work on new business models and programmes to support a healthy news ecosystem.

“Over the coming months, we’ll be sharing insights gained from the projects and giving newsrooms the opportunity to benefit from the learnings,” Katz added. (IANS)