Even as gas prices hit record highs, Canadians are fanning out across the country for fresh travel experiences after two years of bottled-up demand. Beth Potter, head of the Tourism Industry Association of Canada, says some vacationers are still staying closer to home on camping, hiking and cycling excursions, with …
Read More »Indian Pharma companies: Drug companies may take a hit, too
Indian pharmaceutical companies are staring at a possible write-off of their receivables from Sri Lanka, as they are struggling to repatriate money from the South Asian island country which is facing severe dollar crunch and a devaluation of local currency due to ongoing economic crisis. One of India’s leading drug …
Read More »Strides Pharma says could take 3-4 qtrs for normalcy of US business hit price erosion
said it would take at least three to four quarters for its US business operations to return to normalcy, which was hit by price erosion of its base business, which was as high as 40%. The company now has pushed its US revenue guidance of $225 – $250 million FY22 …
Read More »Healthcare hit by 45% spike in e-virus cases, Health News, ET HealthWorld
MUMBAI: It’s just not the novel coronavirus that is keeping pharma and healthcare honchos awake at night. Pharma companies, hospitals and healthcare firms are being increasingly hit by another lethal virus lately, and this one is from the virtual world. Researchers reported a 45% increase in cyberattacks on healthcare organisations …
Read More »Bitcoin, Crypto Inflows Hit Record Last Week
NEW YORK: Investment flows into cryptocurrency funds and products hit a record $1.31 billion last week after a few weeks of small outflows, as investors took advantage of the decline in bitcoin and other digital asset prices, according to the latest data on Monday from asset manager CoinShares. Total assets …
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