Revenue: Atlantic Re:think & Netflix House of Cards’ “The Ascent” – The Atlantic A panel of 25 judges from various “independent” magazine companies—essentially, those titles not published by Hearst, Condé Nast, Time Inc., and the like—refined more than 100 entries for the inaugural awards down to winners across six categories, plus a special, “Why Didn’t I Think of That?” award. See the full list of winners below: “Counter to the meganormous companies who are trying to appeal to the largest audience possible, tonight’s awards demonstrate that you don’t have to be everything to everyone in order to be successful—and that’s a wonderful accomplishment to celebrate,” said Seymour. Why Didn’t I Think of That?: The Factory – Surfing Magazine Audience: Leveraging Online Engagement – Roadkill Magazine Lesley Jane Seymour, quipping about her own newfound independence, served as emcee. The winners of the inaugural Imagination Awards, recognizing the best work produced by independent magazine media brands, were revealed by the Association of Magazine Media (MPA) in San Francisco last night as part of the IMAG 2016 proceedings. Leadership: Catapult Creative Labs – Active Interest Media Digital: PORTER Shoppability: Enabling Real-Time Purchases Through Content – PORTER Magazine Content: National Park Service Centennial – Backpacker Projects completed between January 1 and December 31, 2015 were considered, but digital-only brands were not. MPA membership was not a requirement. Active Interest Media took home a pair of awards: in the Content category for Backpacker’s National Park Service Centennial, and in the Leadership category for its content marketing unit, recently branded as Catapult Creative Labs. Accepting the award, Jon Dorn, AIM’s SVP of digital and creative services, gave reference to the upheaval and associated challenges that have consumed the independent space of the magazine media industry for the last several years, predicting, “If we stick with this, it’ll be the most fascinating and satisfying time of our lives.” Events (tie): Dwell Presents The Monogram Modern Home – Dwell and Gingerbread BLVD – Taste of Home
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New Delhi, Feb 17 (ANI): Trading at the Bombay Stock Exchange today closed 110.19 points up to stand at 20,477.01. At the National Stock Exchange the Nifty closed 24.95 points up to stand at 6,073.30. Financial Technologies and Tata Motors Ltd. were among the top gainers of Group A with an increase of 4.98% and 4.74% along with MCX and Adani Power Ltd. with an increase of 4.35% and 3.95% respectively, while the top losers of Group A include Suzlon Energy and NMDC with a decrease of 5.04% and 4.92% along with The Ramco Cements and Amara Raja with a decrease of 4.32% and 3.20% at the close of the markets. The Auto sector is up 116.12 points at 12,084.10 while the banking sector is up 166.33 points at 11,824.11 and the realty sector is down 9.96 points at 1,200.02. The Indian currency is down 0.17% at Rs 62.03 per dollar.
Dr Reddys leads Indian charge of 130 billion Chinese pharma market stocksDr Reddys leads Indian charge of 130 billion Chinese pharma market stocks
Raghavendra NDr Reddy’s Laboratories is leading an Indian charge of the $130 billion Chinese pharma market, which is the world’s second largest. The likely liberalisation of the market by the Chinese regulator CFDA will benefit Indian pharma companies that have a solid presence in China, which is the world’s second largest pharma market, a report by Edelweiss Group says.Dr Reddy’s, which maintains a robust presence in China through a joint venture, is evolving a strategic plan to increase its revenue from the current $100 million. The company plans to achieve this by introducing new products and including more segments.The market has responded positively to the report with pharma stocks continuing their strong rally in the National Stock Exchange (NSE). Nifty Pharma sectoral benchmark hit a high of 9,278.70 after opening at 9,193.30. The index that benefited from the strong showing of Glenmark, Lupin and Aurobindo Pharma closed at about 9,263, up about 83 points or 0.91 per cent. Dr Reddy’s surged to an intraday high of 2792.55 from the previous close of 2765.20 to close 4.80 or 0.17 per cent up at 2,770.The company will strengthen its presence by scaling up the joint venture business and increasing the number of “dossier submissions and entries into new therapeutic areas,” MV Ramana, CEO, branded markets (India and emerging markets) of Dr Reddy’s, told Financial Express. According to Edelweiss, Dr Reddy’s, the largest foreign player in China, is poised to benefit from regulatory changes in the country. Dr Reddy’s plans to launch about 60 products and improve revenue significantly over the next seven to eight years, according to the report. PixabayThe company’s strong local partnerships have helped it commercialise some of the imported brands, the report says. The company’s revenue in FY18 was $100 million, with the help of its Canada-based joint venture Kunshan Rotam Reddy.”The size and growth of the market, our long presence and also the recent changes in China’s regulatory framework make this an attractive space for Dr Reddy’s. In terms of market size and expanded generic opportunity, China is the second largest pharma market with $130 billion in size, and generics form 65 per cent of the hospital market. About 22 per cent of the market is with off-patent innovators. While shortening the market access and reimbursement timelines for innovative drugs, China intends to replace the off-patent innovators with high-quality generics that opens up this share of the market to generic firms,” Ramana said.Dr Reddy’s US/EU portfolio mostly comply with Chinese regulations, while additional China-specific studies might be required in the case of some. “While in the past five years, we have had some good pipeline of filings, the plan is to scale this up and file a good number of dossiers in next few years,” he said.The Edelweiss report states that a growing Chinese pharma market and a relaxed Chinese drug regulator, CFDA, are likely to attract many Indian generic players. The relaxed norms may allow Indian companies to file their USFDA-approved products in China and get CFDA approval within months in the normal course. Among the drugs in demand, the most prominent are those for obesity, diabetes, respiratory illness and cancer.”While the regulations have been aligned with International Council of Harmonisation (ICH), there are China-specific requirements, which could pose challenges. Dr Reddy’s will continue to work to build strong regulatory capability and build on our experience to increase the probability of success for any new filing,” the report quoted Ramana as saying.
Most irregularities in Khulna polls on police initiativeMost irregularities in Khulna polls on police initiative
Mirza Fakhrul Islam AlamgirBangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir on Tuesday alleged that most of the irregularities in Khulna civic polls took place on the police initiative.“This [AL] government has pitted the police against the opposition political parties. In most of the cases, the police took the initiative. These [irregularities] happened on their initiative which is ominous for the nation,” Mirza Fakhrul told a media briefing after the Khulna polls.Ruling Bangladesh Awami League (AL) mayoral candidate Talukder Abdul Khalek was unofficially declared elected in the Khulna mayoral elections marred by rigging, ballot-stuffing, capture of polling station and intimidation of voters on Tuesday.Briefing the media at the Gulshan office of the BNP chairperson, the BNP secretary general said, “It seems that the CEC is working against the BNP. The country’s election has emerged to be a complete farce.”He pointed out that the Khulna polls would not be held in farcical manner, had the military troops been deployed in the local government polls.“Rivals will not be able to do electioneering and their agents will be driven out of the polling centres – this can’t be called elections.”Alleging that the authorities have strictly controlled the media, Fakhrul said, “The authorities have all along said everything is okay.“They controlled all of the elections but a very few held in the past five years. They forced the election commission. They destroyed the election system. None is keeping trust in the election system,” he added.He alleged that voters were intimidated and barred from visiting the polling stations by the ruling Awami League activists.“The BNP activists as well as polling agents were driven out. They (AL men) stamped seal on election symbol boat. A fair election can’t be held under these circumstances. This election commission is inept. It must be reconstituted,” said Fakhrul.