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NRIs in Chicago launch Non-Profit Indian American Business Council in presence of Acharya Dr Lokesh Muni

Indian American Business Council (IABC) hosted a high profile reception with dignitaries from India, South Africa, El Salvador, and America on Thursday, August 11

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IAB Council which held a reception yesterday with Acharya Dr. Lokesh Muni as the chief guest. Image source: IABC
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Chicago, August 13, 2016: With India’s 70th Independence Day (August 15) approaching, Indian American Business Council (IABC) hosted a high profile reception with dignitaries from India, South Africa, El Salvador, and America on Thursday, August 11.

The celebration took place at Northwest Suburban College in Rolling Meadows, IL. IABC earlier has been soft launched in the presence of Governor Hon. Matt Bevin and Louisville Mayor Hon. Greg Fischer in May this year in 2016, in Louisville, Kentucky.

Indian American Business Council. Image source: nrinews24x7.com
Indian American Business Council. Image source: nrinews24x7.com

Newly formed a trade organisation, IAB Council, was graced with presence and enlightening words from Chief Guest, Acharya Dr Lokesh Muni Ji who was introduced as an ambassador of peace. He shared that ahimsa, unity, and cooperation is the key requirements for any progress. Further, he announced the setting up of a World Peace University in Gurgaon India with a central goal of combatting violence and terrorism in the society and introducing the principles of nonviolence.

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The IAB Council is an umbrella organisation, which supports small and medium size businesses that are particularly interested in expanding their business in the global market. Council also provides full-scale services to investors from across the globe to match their investment with opportunities for secure and maximum growth. IAB Council is Illinois registered not-for-profit organisation and is currently operating in Illinois, Kentucky and India. IAB Council’s strategic partners include Indian Diaspora Club, Government Technology Foundation, Indo-American Friends Group, VisionOne, CSR Virgil, and VNA & Partners. Apart from that, Illinois Chamber of Commerce, IL SBDC International trade Center and others are the Strategic collaborators to the organisation.

Attorney, Ms Chipo Nyambuya, principal of Virgil LLC presented an overview of creative investments and legalities for Investment in the USA and across the globe. Ms Nyambuya also provided the members present in the ceremony,with the highlights of the investment opportunities present for businesses. CEO-Center for Strategic Solutions, Mr Mohammed Faheem presented the talk on WIOA grants for workforce development and retention. Founder and Chair of IAB Council Board, Ms Poonam Gupta-Krishnan, had the audience mesmerised by the vision and the success that Council achieved in a short period of time.

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Earlier,  Harish Kolasani, IABC President welcomed the distinguished gathering and introduced the Council executive team including Keerthi Kumar Ravoori, Mohammed Faheem, Dr Sanhita Agnihotri, Nazneen Hashmi and he invited Chief Guest Acharya Dr Muni to light the ceremonial lamp.  Keerthi Kumar Ravoori welcomed the gathering and outlined the mission and highlighted IABC’s upward trajectory in opening chapters in other states and facilitating business alliances.  Dr Vijay Prabhakar applauded the efforts of IABC for its trailblazing work in industriously promoting Indo-US relations through business partnerships.

Among the dignitaries present include Shakira Motan, Consul Economic, South Africa; Silvia Toledo Enriquez, Mexico; Nakul Chand, Air India, Syed Hussaini, WinTrust, Ajai Agnihotri, FIA Trustee  along with over 30 Industrialists, 10 legal professional, and many small-medium businesses. Dr Sanhita Agnihotri proposed a vote of thanks and invited the IABC team to present a shawl to showcase welcome and esteem to Acharya Dr Muni.  The evening closed with guests engaging in networking over Indian dinner.

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Cepheid to Establish Manufacturing Unit for TB Diagnostics in India

Rifampicin is a drug commonly used in treating TB bacteria in first line of treatment

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The GeneXpert Edge is developed specifically for near-patient testing, to help support a one visit test-and-treat approach.
The GeneXpert Edge is developed specifically for near-patient testing, to help support a one visit test-and-treat approach. (IANS)

Expanding its footprint in India, US-based molecular diagnostics company Cepheid Inc on Thursday announced its plans to establish a manufacturing unit in the country to improve Tuberculosis (TB) diagnostics.

Cepheid’s GeneXpert MTB/RIF test is a closed-cartridge-based system that is easy to operate by minimally trained staff and gives results in approximately two hours, speeding the conventional backlog that used to exist in traditional diagnostic methods.

The new manufacturing unit would produce MTB/RIF test cartridges, contribute to the government’s “Make in India” initiative and thus bringing the company’s global expertise in TB diagnostics to India, the company said in a statement.

As part of the plan, Cepheid also unveiled its latest portable, easy-to-use TB-testing system — the GeneXpert Edge — which is expected to be available in India later this year, the company said.

The GeneXpert Edge is developed specifically for near-patient testing, to help support a one visit test-and-treat approach.

“Cepheid recognises the need for technological advancement and is committed to contributing significantly to India’s goal of TB eradication,” said Peter Farrell, Executive Vice President, Worldwide Commercial Operations, Cepheid.

Cepheid's Xpert MTB/RIF test has the potential to detect Mycobacterium tuberculosis(MTB)
Cepheid’s Xpert MTB/RIF test has the potential to detect Mycobacterium tuberculosis(MTB).

“We are hopeful that GeneXpert Edge will help eliminate delays in TB diagnostics by providing definitive results within hours and facilitating fast and easy last-mile delivery even in the remote villages of India,” he added.

India has nearly one-fourth of the global TB patients and an estimated 4.8 lakh lives are lost every year due to delayed diagnosis and inadequate treatment and there are above 2.5 million new cases of TB every year. The country aims to eradicate TB by 2025.

Approved by the World Health Organisation (WHO) in 2010, more than 1,200 Cepheid’s GeneXpert Systems have been installed in the last two years at various Revised National Tuberculosis Control Programme (RNTCP) sites in the country and more than 2.5 million cartridges were supplied last year at various centres of Central TB Division (CTD).

Also Read: Fruit Bats Identified As Source Of Nipah Virus Outbreak in Kerala

Cepheid’s Xpert MTB/RIF test has the potential to detect Mycobacterium tuberculosis(MTB) and rifampicin-resistance mutations, which are markers for MDR-TB strains in under two hours.

Rifampicin is a drug commonly used in treating TB bacteria in first line of treatment.

Xpert MTB/RIF tests also have excellent negative predictive value, which allows clinicians to manage TB-negative patients more effectively to prevent unnecessary and costly respiratory isolations. (IANS)