Glenmark Pharma Receives ANDA Approval For Fluphenazine Hydrochloride Tablets USP, 1 mg, 2.5 mg, 5 mg, And 10 mg

Glenmark Pharmaceuticals Ltd. (Glenmark) has received final approval by the United States Food & Drug Administration (U.S. FDA) for Fluphenazine Hydrochloride Tablets USP, 1 mg, 2.5 mg, 5 mg, and 10 mg, the generic version of Prolixin®1 Tablets, 1 mg, 2.5 mg, 5 mg, and 10 mg, of Apothecon Inc. Glenmark’s Fluphenazine Hydrochloride Tablets USP, 1 mg, 2.5 mg, 5 mg, and 10 mg, will be distributed in the U.S. by Glenmark Pharmaceuticals Inc., USA.

According to IQVIATM sales data for the 12-month period ending September 2023, the Prolixin® Tablets, 1 mg, 2.5 mg, 5 mg, and 10 mg market2 achieved annual sales of approximately $18.1 million*.

Glenmark’s current portfolio consists of 189 products authorized for distribution in the U.S. marketplace and 50 ANDA’s pending approval with the U.S. FDA. In addition to these internal filings, Glenmark continues to identify and explore external development partnerships to supplement and accelerate the growth of its existing pipeline and portfolio.

About Glenmark Pharmaceuticals Limited

Glenmark Pharmaceuticals Limited (BSE: 532296 | NSE: GLENMARK) is a research?led, global pharmaceutical company, having a presence across Branded, Generics, and OTC segments; with a focus on therapeutic areas of respiratory, dermatology and oncology. The company has 10 world-class manufacturing facilities spread across 4 continents, and operations in over 80 countries. In Vivo/Scrip 100 positions Glenmark amongst the Top 100 Companies Ranked by R&D and Pharmaceutical Sales, 2021; while Generics Bulletin/In Vivo places it in the Top 50 Generics and Biosimilars Companies Ranked by Sales, 2021. The company has also been Great Place To Work® Certified™ in India. Glenmark’s Green House Gas (GHG) emission reduction targets have been approved in 2023 by the Science Based Target initiative (SBTi), becoming the second Indian Pharmaceuticals company to achieve this approval. The organization has impacted over 2.9 million lives over the last decade through its CSR interventions. For more information, visit www.glenmarkpharma.com. You can follow us on LinkedIn (Glenmark Pharmaceuticals) and Instagram (glenmark_pharma).

Vistara, Announces Festive Sale Across India In Its Domestic Network

* One-way, all-inclusive domestic fares start from INR 1,999 for Economy,

* INR 2,799 for Premium Economy, and INR 10,999 for Business Class

Vistara, India’s finest full-service carrier and a joint venture of the Tata group and Singapore Airlines, today announced a three-day sale across its domestic network for travellers to plan their upcoming journeys this festive season. Domestic bookings as part of this sale are open for a period of 72 hours, starting at 00:01 hours on 7 November 2023 until 23:59 hours on 9 November 2023. The offer is valid for travel from 7 November 2023 to 10 April 2024 (blackout dates apply).

The sale offers discount on fares for all three cabin classes – Economy, Premium Economy, and Business Class. The one-way, all-inclusive domestic fares start from INR 1,999 for Economy, INR 2,799 for Premium Economy, and INR 10,999 for Business Class.

Mr. Deepak Rajawat, Chief Commercial Officer, Vistara, said "We are delighted to mark the onset of the festivities with our special sale that will give our customers the chance to fly India’s best airline at discounted fares. We realise that the excitement of reuniting with friends and family during this time of the year remains at its peak and with this celebratory offer, we aim to make those moments even more special for our customers. We are confident that our customers will continue to choose Vistara as their preferred airline as they travel to create cherished memories this festive season.”

Bookings under the sale are now open on Vistara’s website, iOS and Android mobile apps, at Vistara’s Airport Ticket Offices (ATOs), through the airline’s call centre, Online Travel Agencies (OTAs), and through travel agents. Direct channel discounts, corporate discounts/soft benefits will not apply on these promotional fares, and vouchers cannot be used for these bookings. The seats on sale are limited and available on a first-come, first-served basis.

Vistara is India’s highest-rated airline on Skytrax and TripAdvisor, and it has been the winner of several ‘Best Airline’ awards, besides being lauded for world-class cabin cleanliness and upholding high safety standards. The only Indian carrier to feature amongst World’s Top 20 Airlines, Vistara has been named ‘16th Best Airline’ globally while also being recognised as the ‘Best Airline in India and South Asia’ for the third time in a row, ‘Best Airline Staff in India and South Asia’ for the fifth consecutive year, ‘Best Cabin Crew in India and South Asia’ for the third time in a row and ‘Best Business Class Airline in India and South Asia’ for the second time in a row at the coveted World Airline Awards 2023 by Skytrax. Vistara also received the ch-aviation Asia’s Third Youngest Airline Fleet award for the second consecutive year. 

About Vistara (TATA SIA Airlines Limited): TATA SIA Airlines Limited, known by the brand name Vistara, is a 51:49 joint venture between Tata Sons Private Limited and Singapore Airlines Limited (SIA). Vistara brings together Tata’s and SIA’s legendary hospitality and renowned service excellence to offer the finest full-service flying experience in India. Vistara commenced its commercial operations on January 9, 2015, with an aim to set new standards in the aviation industry in India and it today connects destinations across India and abroad. The airline currently, has a fleet of 63 aircraft, including 48 Airbus A320neo, 10 Airbus A321 and 5 Boeing 787-9 Dreamliner and has flown more than 50 million customers since starting operations.

For more information about Vistara, visit www.airvistara.com

SecurEyes In Collaboration With Techurate Will Participate In The Central Banking Event In Caribbean

SecurEyes, an internationally acclaimed cyber security firm which combines strategic domain-specific expertise with top tech products and services besides a hyper-agile delivery framework, is collaborating with Techurate Systems Pvt Ltd, a smart banking technology company, to participate in the Central Banking Autumn Meetings in St. Kitts.

The two companies will take part in the prestigious Central Banking Event taking place on November 8-9 in Saint Kitts and Nevis, organised by the Central Banking Forum, to celebrate the Eastern Caribbean Central Bank's 40th anniversary. The event will bring together global leaders from central banks, where SecurEyes and Techurate will present their cutting-edge solutions to the central banks. 

Mr. Karmendra Kohli, Co-Founder & CEO of SecurEyes, who is one of the speakers at the event shall address the crucial topic of "Enhancing Cyber Security Resilience in the Age of Digital Transformation" at the Central Banking Event. 

In the run-up to the event, Kohli said, "The world is witnessing a paradigm shift in the realm of cyber security, and SecurEyes is proud to stand tall in protecting the cybersecurity interest of all our customers. Our collaboration with Techurate combines the best of technology and security, ensuring the protection of critical financial systems. We are excited to connect with experts and policymakers at the Central Banking Event to reinforce the importance of cyber security in the financial industry." 

Mr. Harshvardhan Pusala, Founder & Managing Director, Techurate Systems Private Limited, said, "We are thrilled to explore a new market and expand our presence by offering world-class solutions. We have found the right partner in SecurEyes to complement our offerings. The synergy of this association will help us penetrate the large US banking industry and create a gateway to other developed markets. We look forward to sharing our transformative solutions that can empower banks to navigate the challenges of the digital age."

For more information about SecurEyes,  visit our website at https://secureyes.net/

About SecurEyes

SecurEyes is a leading global cyber security firm, specialising in consulting services and development of innovative super tech products. Incorporated in 2006, it has offices in India, USA, UAE and Saudi Arabia. It is empanelled with CERT-IN and recently received the Technology Services Award at the Central Banking Summer event in June 2023 at London. SecurEyes products are built using the latest technologies including Angular, NodeJS, NET and rely on use of a relevant mix of machine learning and artificial intelligence. 

SecurEyes clients include regulatory bodies for key industry sectors, large government organisations, banking majors, financial services institutions, insurance companies, international airlines, large trading houses and public sector companies in over a dozen countries.

About Techurate

Techurate has had a remarkable journey of growth and expansion. After beginning its operations in India, it forayed into the South African market and quickly garnered recognition for its innovative solutions and became a trusted partner for various financial institutions.

The Federation of Automobile Dealers Associations (FADA) Released Vehicle Retail Data For October23

October's Market Dip and Rebound: The first half of October '23, marked by the Shraddh period, saw an 8% YoY decline. However, a MoM comparison reveals a 13% surge, indicative of resilient market demand. 

Festive Upsurge Across Categories: With ongoing festivities, all automotive categories experienced momentum. Notably, two-wheelers (2W), three-wheelers (3W), passenger vehicles (PV), tractors (Trac) and commercial vehicles (CV) grew by 15%, 2%, 7%, 15% and 10% respectively on a MoM basis. 

Navratri's Record-Breaking Sales: Navratri '23 brought unprecedented sales to auto retail, surpassing the previous high of Navratri '17. YoY figures for this period show a robust 18% increase in overall auto retail. 

Diverse Growth Trajectories: During the 10 days of Navratri, all categories except tractors saw gains. Two-wheelers, three-wheelers, commercial vehicles and passenger vehicles grew by 22%, 43%, 9% and 6.5%, respectively, while tractors faced an 8% decline. 

Three-Wheelers Reach Peak Performance: October '23 set a new record in the 3W category, with retail sales hitting an all-time high of 1,04,711 vehicles, eclipsing last month's record. 

Critical Inventory Concerns in PV Segment: With passenger vehicle inventory levels soaring to an all-time high of 63-66 days, dealerships are signalling capacity concerns. FADA has issued a red flag, urging OEMs to not only moderate vehicle dispatches but also to introduce more aggressive and attractive schemes promptly. This dual approach is essential to help dealers clear their inventory before year-end, averting the potential financial repercussions associated with excess unsold stock. 

The Federation of Automobile Dealers Associations (FADA) released Vehicle Retail Data for Oct’23.  

October’23 Retails 

Commenting on October 2023 Auto Retails, FADA President, Mr. Manish Raj Singhania said, "The month commenced under the shadow of the inauspicious Shraddh period, persisting until the 14th. Consequently, a YoY comparison may not accurately reflect the actual trajectory of growth in the Indian Auto Retail sector. 

When compared MoM, Auto Retails flourished, achieving a 13% increase, with contributions from all categories. Two-wheelers, three-wheelers, passenger vehicles, tractors, and commercial vehicles expanded by 15%, 2%, 7%, 15%, and 10%, respectively, underscoring the sector's robust growth momentum. 

Navratri of 2023 marked a milestone with retail sales soaring by 18% year-over-year, surpassing the figures of Navratri 2017. Except for tractors, which saw an 8% decline, all categories exhibited commendable growth. Two-wheelers, three-wheelers, commercial vehicles, and passenger vehicles experienced increases of 22%, 43%, 9%, and 7%, respectively. 

The 2W category during the Navratri period and throughout October saw several positive trends, buoyed by festive cheer and stronger rural demand. Enhanced availability of models, especially those in high demand from the previous year, along with better financial schemes, contributed to a solid market momentum. States going into elections also injected optimism into the market, leading to an increase in government spending and improved liquidity. Despite a shift in festival dates, with Diwali moving to November, the anticipation of the festive season stimulated purchase intent and dealers reported good stock preparation and robust ground efforts that led to an uptick in sales figures, showcasing a resilient and adaptive market. 

The 3W segment continued the uptick in demand during Navratri, largely driven by competitive finance options and a significant rise in e-Rickshaw interest, signalling a healthy move towards electrification. October continued this positive trend with robust market sentiments and festive celebrations contributing to increased customer bookings.  

The CV segment experienced robust bookings and a positive uptake in retail sales, buoyed by festive cheer and strategic price support from manufacturers. The demand for light and small commercial vehicles surged, driven by infrastructure development activities and the need for vehicle replacement. Healthy demand was witnessed especially in segments like cement, iron ore and coal transport. The festive seasons, including Navratri, catalysed market activity, with customers taking advantage of favourable finance schemes. 

The PV segment navigated a complex landscape, marked by both enthusiasm and caution. During Navratri, despite regional variability, the industry witnessed a surge in bookings, buoyed by the introduction of compelling new models, particularly SUVs and the availability of attractive consumer offers. However, the impact of local elections and market saturation meant that the festive spirit didn't translate uniformly into sales across all regions. 

Throughout the month, the anticipation for Diwali in November and the launch of new models generated a steady demand. The period overall saw a resilient PV market, supported by a stronger product line-up unlike last year, when stock availability was a major issue." 

Near Term Outlook 

The near-term outlook for the auto sector is a blend of highs and lows as we approach year-end. Festivities along with harvest season (especially paddy) are expected to boost 2W sales, with optimism fuelled by new schemes and a push towards electrification, despite supply concerns. CV’s are looking at a strong November, with festive and construction activities enhancing demand, alongside anticipated financial schemes. 

However, the PV segment is navigating through a tricky phase. Festive days might spike bookings, yet the shadow of year-end discounts looms over immediate sales. High inventory levels in PVs, at a critical 63-66 days range, demand urgent attention from OEMs. Without substantial interventions and if Diwali sales don't rise to the occasion, the weight of unsold stock could lead to significant dealer distress, echoing FADA's concerns for potential industry-wide repercussions. Immediate and decisive action is imperative to counter the risk of a financial squeeze as the year closes. 

Key Findings from our Online Members Survey 

Inventory at the end of Oct’23 

Average inventory for Passenger Vehicles ranges from 63-66 days 

Average inventory for Two – Wheelers ranges from 40-45 days 

Liquidity 

Good                   48.81% 

Neutral              39.29% 

Bad                      11.90% 

Sentiment 

Good                   48.81% 

Neutral              41.67% 

Bad                      09.52% 

Expectation from November 

Growth               55.95% 

Flat                      37.30% 

De-growth         06.75% 

Torque Pharma Introduces Its Newest Product Under “Torque Kvach Anti Lice Cream Wash”

* The product is priced at INR 60 for 30 ml, which is available at retail stores and online at Torqueonline.co.in 

Torque Pharma, a prominent player in the pharmaceutical sector, has unveiled its “Anti Lice Cream Wash” as part of the Torque Kvach Personal Care Brand.    

This product harnesses the benefits of natural ingredients to effectively eliminate lice without causing any harm to your hair. Containing a blend of natural components, including Reetha and Shikakai, the cream wash is designed to eradicate lice, nits, and eggs while preventing their further growth. Additionally, it comes with a Lice & Nits Remover Comb. Furthermore, its unique properties help maintain moisture, reduce frizz, and contribute to healthier, fuller hair. Infused with the natural goodness of Reetha and Shikakai, which promote hair health, Kvach Anti-Lice Cream Wash is gentle on both your hair and scalp, ensuring it won't lead to any discomfort or irritation during use.  

Kvach Anti-Lice cream wash is specifically formulated for the treatment of pediculosis, and it works by effectively eliminating lice, larvae, and nits while maintaining the scalp's skin integrity. Commenting on the launch, Mr. Abhay Iqbal Singh Bedi, Director of Torque Pharma, said, "We are thrilled to introduce our latest offering under the Torque Kvach a Personal Care Brand. This Anti Lice cream wash exemplifies our commitment to enhancing overall quality of life, extending beyond the realm of curing illnesses. Apart from lice, it also helps in reducing and controlling dandruff. It soothes the scalp and minimizes flakiness, providing relief from itching and discomfort. We eagerly await feedback from our valued customers." 

To cater to a wider audience, Kvach Anti Lice Cream Wash is reasonably priced at INR 60, providing a generous 30 ml 1 Wash Formula. Torque Kvach is available at nearby retail outlets and conveniently purchase it online at Torqueonline.co.in. 

Buy here:  https://torqueonline.co.in/product/torque-kvach-anti-lice-cream-wash-removes-lice-and-nits-made-with-reetha-shikakai-30-ml/ 

About Torque Pharma:  

Founded as a generic pharmaceutical organization, Torque Pharma strides ahead with the legacy of over four decades as the torchbearers of positive change driven by unwavering ethical standards and practices. Right from our inception, we have been committed to rewriting the definition of excellence within the healthcare ecosystem. Our mission, "Better Together," is a testament to our dedication towards continuous evolution alongside the people who collectively shape our society, as we believe that “togetherness” makes the world a better place. Torque Pharma has expanded its scope into the FMCG and Ayurvedic sectors, aligning with its unwavering commitment to providing high-quality, accessible healthcare for all. Not only does Torque Pharma have a significant national presence pan India, but also internationally as its products are available in select countries. Our portfolio consists of an extensive range of products that elevate the quality of living. Join us in our journey to drive innovation, leave a lasting positive impact, and help us shape a healthier world made better together. 

Noteworthy brands in its portfolio include Torex, No Scars, Torque’s Orthomac, Hemo Forte, Hemo Plus, Foot Guard, Torque Refresh, Multi Power, JAL, U-B Fair, Ketomac, Kesh 999, Medisalic, and more. 

Celebrate The Festive Season With “Odysse Electric Vehicles Exclusive Offers”

With the festive season just around the corner, Odysse Electric Vehicles, India’s fastest-growing premium electric vehicle is thrilled to announce a “game-changing festive season” offer. As part of their ongoing commitment to make electric mobility accessible to all, Odysse is presenting a remarkable flat discount of INR 7,500 on its entire range during this festive season. This exciting offer includes a generous cash discount of INR 5,000 and a bundle of accessories worth INR 2,500, absolutely free. This offer makes an Odysse electric scooter one of the best and most eco-friendly gifts you can give to your friends and family. 

Offer Highlights: 

Cash Discount: Customers can take advantage of a substantial cash discount of INR 5,000 on the purchase of Odysse’s electric scooters and bikes.  

Complimentary Accessories: In addition to the cash discount, Odysse is gifting customers accessories worth INR 2,500 at no additional cost. These accessories not only add style and flair to your electric scooter but also enhance its practicality and usability. 

Perfect Festive Gift: As the festive season approaches, an Odysse electric scooter makes for a thoughtful and eco-conscious gift for your loved ones. It's a unique and sustainable way to show you care about their well-being and the environment. 

Whether you are looking for an eco-friendly and efficient daily commuter or a stylish and practical mode of transportation, this festive season offer from Odysse Electric Vehicles is the perfect opportunity to own a premium electric scooter at an unbeatable price. With the bonus of free accessories and the opportunity to contribute to a greener future, there has never been a better time to embrace electric mobility. 

To avail of this limited-time offer, visit your nearest Odysse Electric Vehicles dealership or explore further offers offering Diwali Offers upto INR 20,000/-* on the Flipkart website https://www.flipkart.com/odysse-electric-vehicles-store . 

About Odysse Electric Vehicles Pvt. Ltd: 

Mumbai based Electric Vehicle start-up, Odysse, is a part of Vora group of companies. An all-electric mobility platform that collaborates with the world's leading E.V. component manufacturers and mobility technology specialists to usher in a new era of intelligent urban electric mobility for customers. The company’s electric scooters and bikes are available for all riders, from the young to the old, from fashionable buyers and comfort seekers to busy business riders. Every product is subjected to rigorous durability and dependability tests. Odysse provides every customer with a comprehensive package of quality, comfort, and style at an affordable price. 

Divya Kala Mela, Bengaluru Concludes With Prize Distribution By The Governor Of Karnataka

The ongoing ten-day fair at HMT Ground, Jalahalli concluded on November 5, 2023, with the distribution of awards to the Divyangjan by the Governor of Karnataka, Shri Thaawar Chand Gehlot. It is noteworthy that the ten-day fair organized by the Department of Empowerment of Persons with Disabilities, Ministry of Social Justice and Empowerment, Government of India was inaugurated by Smt. Pratima Bhowmik, Minister of State for Social Justice and Empowerment, Government of India on October 27, 2023. The national-level fair being organized across the country for the disabled has been named "Divya Kala Mela". The event has been organized in Bengaluru after successful events in Delhi, Mumbai, Bhopal, Guwahati, Indore, Jaipur, Varanasi, Secunderabad.

Shri Naveen Shah, CMD, NDFDC, a Government of India Corporation, Shri Naveen Shah, Commissioner for Persons with Disabilities, Karnataka State, Shri Das Suryavanshi, Director, Department of Empowerment of Persons with Disabilities and Senior Citizens, Karnataka, Shri Siddheshwar N., Regional Regional Director of Union Bank of India, at the closing ceremony of the Divya Kala Mela. Chief, Trustee of NDFDC Foundation, and Founder, Sneh, Nagda Dr. Pankaj Maru were present. Persons with disabilities and representatives of government and non-government organizations associated with them, representatives of ALIMCO, and media were also present in this fair.

In the coming time, it has been planned to organize such fairs in other big cities of the country also. In all these national fairs, some stalls are also kept for local disabled people. Bengaluru fair also has around 7 participants from Karnataka. During the fair, loans worth more than Rs 25 lakh were sanctioned to disabled people. Assistive devices were distributed to the disabled. Many senior officers of various departments came and encouraged the disabled people. This fair also got a lot of love from the public. A free medical camp for disabled people was organized in the fair on 28th and 29th October, 2023. Awareness programs were also run in the fair on Occupational Therapy Day and World Stroke Day. 

On October 3, 2023, an exclusive job fair for disabled people was organized by the National Disabled Finance and Development Corporation in this fair. A total of 125 persons with disabilities participated in this job fair. 12 private sector companies shortlisted 39 disabled people for jobs. Offer letters for jobs were provided to 12 disabled people. Registration of Divyangjan desirous of self-employment loan was done by Union Bank of India, the partner bank of National Divyangjan Finance and Development Corporation (NDFDC). Hindi Kavi Sammelan was organized in the Divya Kala Mela, in which national level poets and poetesses participated. Best buyers were honored every day on the fair stage to increase sales in the fair. Those who did good work in the fair were rewarded under five categories. 

A fashion show was also organized at the fair. For the first time on such a large scale, an exhibition/fair named “Divya Kala Mela” was organized in Bengaluru for disabled entrepreneurs and their organizations. This ten-day fair was organized by the Department of Empowerment of Persons with Disabilities (Ministry of Social Justice and Empowerment, Government of India). Around 100 Divyang artisans and entrepreneurs from 20 States and Union Territories showcased their products. The fair also saw good participation from women entrepreneurs/artists. Divya Kala Mela featured home decor and lifestyle, textiles, stationery and eco-friendly Products from categories like products, packaged food and organic products, toys and gifts, personal accessories, jewellery, clutch bags etc. were included. Cultural programs (dance, singing etc.) were organized daily by professional artists to entertain the people visiting the fair. Cultural programs were also presented by the disabled people. 

Through this fair, the disabled people have done a business of more than Rs 50,00,000 so far. Persons with disabilities have also received purchase assurances from many companies. Institutions providing vocational training to persons with disabilities also participated in the fair. Artificial Limb Manufacturing Corporation of India (ALIMCO), AYJNIHH, NIMHANS, Union Bank of India participated in the fair. This fair became a platform to highlight the different types of talents hidden among the disabled people. The fair was visited by domestic and foreign tourists and this effort was appreciated. Visitors enjoyed delicious dishes at the fair. There are plans to organize such fairs in many cities of the country. 

The next fair will be held in Chennai (Tamil Nadu) from December 8, 2023 to December 17, 2023. Various government and non-government organizations played a good role in making the fair successful. Apart from print and electronic media, the fair also got a lot of coverage through social media. Full support was also received from local administration, police, administration and Karnataka government.