Saturday January 25, 2020

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

0
//
http://www.omicsonline.org

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.

images
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.

Next Story

84% Indians Hope to Retain Their Jobs Despite Automation: WEF

Indians see automation, but hopeful of keeping jobs

0
Indians jobs
Although majority of Indians think their jobs would be automated in the next 10 years, 84 per cent hope to retain their jobs. (Representational Image) Pixabay

Although majority of Indians think their jobs would be automated in the next 10 years, 84 per cent hope to retain their jobs, supported by their skills, according to a report by World Economic Forum (WEF) and Ipsos.

India tops the list in terms of expectation of jobs automation, as around 71 per cent respondents expect their jobs to be automated. Saudi Arabia comes second with 56 per cent respondents expecting jobs getting automated, and in China 55 per cent respondents feel the same.

“Interestingly, 84 per cent of urban Indians polled are confident of keeping their jobs, using the skills they possess. The survey also shows across all markets, Indians are most confident, followed by the Netherlands (83 per cent) and the US (82 per cent),” the report said.

Indians jobs
Indians realise while automation is likely they know it will act as an enabler to improve efficiencies in deliverability. Pixabay

The markets least confident of holding onto their jobs in the face of automation, include Japan (23 per cent), South Korea (33 per cent) and Russia (50 per cent).

Also Read- Smartphone Giant Vivo To Introduce iQOO Premium Phone in India Next Month

Commenting on the survey, Parijat Chakraborty of Ipsos India said, “Indian job market is hierarchy driven, promotions are skills and performance-led. Indians realise while automation is likely they know it will act as an enabler to improve efficiencies in deliverability; human intellect, skill-sets and capital will still be needed to get the job done.” (IANS)