The News Scroll 27 June 2017  Last Updated at 6:00 pm

Sanofi gets EC marketing authorisation for Kevzara

Kevzara is a human monoclonal antibody that binds to the interleukin-6 receptor (IL-6R) and blocks pro-inflammatory IL-6 mediated signalling Elevated levels of IL-6 are found in the synovial fluid of patients with RA and play an important role in both the pathologic inflammation and joint destruction which are hallmarks of RA, it said in a statement here

Sanofi gets EC marketing authorisation for Kevzara
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Mumbai, Jun 27 Pharma firm Sanofi and Regeneron Pharmaceuticals today said the European Commission has granted marketing authorisation for Kevzara (sarilumab) in combination with methotrexate (MTX) for the treatment of moderate to severe rheumatoid arthritis (RA) in adult patients.

Kevzara may be used as monotherapy in case of intolerance to MTX or when treatment with methotrexate is inappropriate, the drugmaker said.

Kevzara is a human monoclonal antibody that binds to the interleukin-6 receptor (IL-6R) and blocks pro-inflammatory IL-6 mediated signalling. Elevated levels of IL-6 are found in the synovial fluid of patients with RA and play an important role in both the pathologic inflammation and joint destruction which are hallmarks of RA, it said in a statement here.

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Vertoz plans to expand into Western markets

Vertoz, a programmatic company that offers engaging and innovative advertising and monetising solutions, today said it has appointed Andrew Moskowitz as director of business development at New York office to spearhead the expansion plans in the Western markets.

"As the ad tech space continues to change, Vertoz is well positioned to grow within the US Market given its exceptional technology stack and existing publisher relationships," Moskowitz said in a statement here.

Ashish Shah, Founder & CEO of Vertoz, said "As the business expands, we need strategic catalyst to provide strength to the company. We welcome Andrew with great revelry to our extended family in New York as he promises us great endeavours in future."

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Apollo Hospitals launches air ambulance services network

Apollo Hospitals, Asia's largest multi-specialty chain of hospitals, today announced the extension of its air ambulance services network to several smaller cities and towns like madurai, Mysore, kakinada, karaikudi, Karur, Trichy and VIZAG through its current hubs in Chennai, hyderabad and bengaluru.

Several people in the country don't get medical attention within the golden hour which is very crucial in saving lives. Apollo's air ambulance service will address the emergency medical need of people who are on the outskirts and far from the city limits, a company statement said.

Each of the Apollo air ambulances will be manned by a full-fledged medical crew trained in critical pre-hospital care protocols to address emergency victims and critically-ill patients, it said.

--------------------------------------- Royal Orchid adds one more hotel to its portfolio

Royal Orchid Hotels today said it has opened a hotel under its brand 'Regenta' in Deharadun in Uttarakhand.

"Uttarakhand has always been an important market for hoteliers in terms of both business and leisure segments," Royal Orchid Hotels managing director Chander K Baljee said in a statement.

With this, Royal Orchid now has a total of 44 hotels.

Regenta LP Vilas in Dehradun is spread over a lakh square feet area and has a capacity to cater to 4,000 people, the statement added.

Mumbai, Jun 27 Diversified media firm Network18 today launched Amplify18, an entertainment, lifestyle and brand amplification entity.

The new entity will leverage the group's pan-national television network and digital network to drive visibility, awareness and business growth for its clients through innovative advertising and communication formats.

"Network18 is the largest national television news network in the country reaching 23 states. This, combined with the significant audience we aggregate on our digital network, gives us a significant ability to drive our clients' messaging all across the country," Network18 corporate development head Puneet Singhvi said.

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SonyLIV ties-up with Pocket Aces for content

Media firm Sony Pictures Networks India's digital platform SonyLIV today tied-up with digital media company Pocket Aces for the latter's content from its channels FilterCopy and Gobble.

"The association will help us in meeting the growing demand for short-form video content and further consolidate our position. We are confident our viewers will enjoy this high-quality addition to our content offerings as well as greater viewing flexibility and convenience that the partnership enables," SonyLIV EVP and digital business head Uday Sodhi in a statement.

Pocket Aces co-founder Aditi Shrivastava said, "We reach over 25 million on a weekly basis through our own pages and have been working with large brand partners to create some very successful content".

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Vodafone ties up with Netflix

Second largest telco Vodafone India today partnered with Netflix to offer its premium Red customers the digital streaming player's subscription of up to one year on select plans.

"The partnership will offer Vodafone Red customers a gift of Netflix for up to one year on select tariff plans. New postpaid customers opting for Vodafone Red plans as well as existing Red customers will get Netflix subscription benefits worth Rs 1,000-6,000 based on their plans," it said in a statement.

In addition, Vodafone has entered into a carrier billing partnership with Netflix, which will allow its customers to enjoy the benefit of carrier billing and seamless month-to-month payments within the same bill, Vodafone India commercial director Sandeep Kataria said.

New Delhi, Jun 27 Elara Technologies, which owns realty portals Housing.Com, PropTiger.Com and Makaan.Com, has filed an international patent for technological advancements in 3D augmented and virtual reality.

This technological innovation would enhance the online home-buying and search experience, the company said in a statement.

The implementation of this technology will bring down the turnaround time to develop and deliver 3D models of properties by almost 90 per cent. It will make virtual reality more scalable, automatic and cost-effective for developers.

The advanced technology will help developers give a fully immersive, interactive photo realistic experience and making 3D a product accessible for everyone, it said.

This latest technology comprises two unique features, including data compression and progressive loading to provide a streamlined way to view homes on any device, be it mobile, tablets or laptops.

*New Delhi, Jun 27 Online retailer Myntra today said 1.3 million customers placed orders for 4.2 million products during its three-day End of Reason (EOR) sale, helping sales register 56 per cent growth over last year's edition.

The sale number includes those of Jabong, which was acquired by Myntra in July last year for USD 70 million.

"The sixth edition of EOR sale has by far been the biggest along with Jabong's participation. EOR sale has enabled us to expand our base," Ananth Narayanan, CEO of Myntra and Jabong, said in a statement.

During the sale (held between June 24-26), the company registered 183 per cent rise in traffic over base line and 1.3 million customers participating, he added.

Last year, the July sale saw participation from nine lakh customers.

Also, 3.5 lakh customers shopped on Myntra for the first time during the sale, and 4.2 million products were sold by the end of EOR sale, Narayanan said.

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Amazon.In launches 'GST Cafes' to train sellers on GST *Amazon.In will set up 16 'GST Cafés' across 11 cities to help sellers understand the nuances of GST and transition seamlessly through the entire process.

These cafes, available from June 26, will be available for a duration of two weeks to train and empower sellers on the implications of the new GST tax, Amazon.In said in a statement.

These support centres are set up at various Amazon Service Provider and Amazon partner sites, it added.

The cafes in Mumbai, New Delhi and Bangalore will also have an experienced Charted Accountant to assist sellers in updating their GSTIN on Seller Central and get GST related concerns resolved on the spot.

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TO THE NEW Develops digital platform for Startup India Hub *TO THE NEW, a digital technology company, today said it has designed and developed the web portal and mobile applications for Startup India Hub.

An initiative by Invest India, Startup India Hub is a one-stop destination to connect all the stakeholders of the startup ecosystem in India, including startups, investors, mentors, incubators, accelerators, aspiring entrepreneurs, service providers and government bodies.

The platform was launched by Nirmala Sitharaman, Minister of State for Commerce and Industry, on June 19, 2017.

The company did not disclose any financial details of its partnership.

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Lenovo K6 Power and Lenovo K6 Note get Android Nougat update *Handset maker Lenovo has started rolling out the latest Android 7.0 (Nougat) software update to its popular K6 Power and K6 Note devices.

The latest update -- which succeeds Android Marshmallow OS -- includes changes like the ability to display multiple apps on-screen at once in a split-screen view, support for inline replies to notifications, and an expanded "Doze" power-saving mode.

Disclaimer :- This story has not been edited by Outlook staff and is auto-generated from news agency feeds.
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