Month: June 2011
Goose Tech announces new product for Serialization, Track & Trace for pharma packaging Goose Procon™ Tracker is one of the first ready to deploy 2D Bar Code and Unique Identification solution in India
Goose (www.goose.co.in), a leading innovator of Business Reengineering Solutions for Global Pharmaceutical Industry has announced the launch of Procon™ Tracker, a new indigenously developed Track and Trace solution to help Pharma industries meet the new regulatory packaging guideline, detect counterfeit and protect their brand reputation. Procon™ Tracker is a new addition to Goose wide range of Procon solutions adopted by several leading global pharma companies to increase business processes efficiency.
Procon™ Tracker features highly robust encrypted serialization and package authentication capability designed to ensure consumer safety, reduce counterfeiting & diversion and meet multiple stakeholder expectations throughout the product supply chain from the point of manufacturing to consumer end.
Making the announcement Deb Pattnaik, Founder of Goose said the recent directive from the government to Pharma Industry to implement track and trace automatic identification process to offset counterfeits opens an opportunity for our product Procon™ Tracker. We found the Pharma Industry is eager to meet the new regulatory compliance norms deadline without disrupting packaging quality process and Procon Tracker is designed precisely to meet these expectations.
Counterfeit drugs entering the supply chain is a growing problem around the world. Consumer and patient safety is crucially important within the healthcare and pharmaceutical industries, as well as, the eroding bottom lines of most pharmaceutical companies due to counterfeit medications infiltrating the supply chain. The Center for Medicines in the Public Interest http://www.cmpi.org/) estimates that “globally, counterfeit pharmaceutical commerce will grow to become 16% of the aggregate size of the legitimate industry, a six percentage-point increase from 2004. This illegal business will generate $75 billion in revenues for its owners in 2010, a 92% increase from 2005.”
“We are excited about the potential of Procon™ Tracker and its addition to a wide range of high performance solutions we offer to the Global Pharma industry,” Deb added. “As a deep domain player, we consistently respond to new requirements of our customers with products that scale up their business advantage. Procon™ Tracker is a robust easy to integrate Track and Trace solution designed to meet the Government compliance and multiple stakeholder expectations.”
Goose offers a wide range of Pharma Industry specific solutions such as Artwork, Project, Consumable Regulatory Affairs Management and Portfolio Management Solutions. Currently, its customers include large Indian and multinational pharmaceutical companies.
Goose is in talks with its existing and potential customers and expects wide acceptance and adoption Procon™ Tracker in the industry.
Procon™ Tracker: Product Highlights : The CFR Part 11 compliant Procon™ Tracker supports pedigree (an electronic record keeping requirement) and is capable of multi printer interface. It also supports automated and manual lines with added competency to work offline when there are no bar code capable printers. Procon™ Tracker also features ERP integration along with a module tenable verification through SMS, Web or IVR. The solution can generate billions of Unique Numbers with minimum 6 characters that is expandable based on customer need.
Other features of Procon™ Tracker include proprietary algorithm that considers several parameters specific to company, batch and computer. Procon™ Tracker is scalable and has quick response time for generation and validation of serial numbers. Procon™ Tracker supports GS1 standards.
Phoenix to Showcase ‘Golf Edge” At North America Telugu Sambaralu Conference Supports NATS as Exclusive Mega Platinum Sponsor
South India’s biggest infrastructure developer Phoenix Group will unveil its newest multi comfort premium twin tower residential project ‘Golf Edge’ at NATS- America Telugu Sambaralu Conference at Edison, New Jersey starting on July 1-3, 2011.
Ravi Madala president NATS said, NATS is pleased to introduce Phoenix group to NATS members and attendees of America Telugu Sambaralu. Phoenix group had been a very good partner for NATS, supporting our service initiatives, we expect nurture our relationship and seek support from Phoenix group to carry out our service activities in the years to come”.
“We are excited to participate in this prestigious event and support NATS (North America Telugu Society) America Telugu Sambaralu Conference as this years exclusive Mega Platinum Sponsor.” Gopikrishna Managing Director of Phoenix Group said. “It is a great platform for us to connect with the global Telugu community and enables them to understand the changing infrastructure development landscape in the cities of Hyderabad, Bangalore and Chennai as well as showcase our upscale projects.”
The 1 million square foot Golf Edge. Twin Tower is located in one of the most desirable places in Gachibowli, Hyderabad and it is designed to offer the best in terms of location, multi comfort, entertainment and architecture. The twin tower residential fully automated backed by 24×7 house keeping services facility comprises 497 apartments of 2 BHK, 3 BHI and 4 BHK apartments. Those who seek greater comfort and bigger space have a choice of duplex ultra luxurious apartments.
“The appeal of the Golf Edge is much more than having a luxury residence in a great location. Phoenix will simplify the life for the apartment owners by bringing in full time house keeping services facility with each of the apartment interior uniquely designed to give its owners a sense of prestige and pride.” Gopikrishna said.
“Completion of our projects within timeline has been a key factor to our growth over the last 9 years.” Gopikrishna said. We have built more than 2.5 million square foot of premium affordable residential property in some of the most sought after locations in Hyderabad. Our portfolio encompasses a series of widely acclaimed projects that include IT Special Economic Zone and Hanging Gardens among many others.”
“We remain equally committed to all our current and future developments irrespective of the size with a focus to deliver quality and comfort to our distinctive clientele.” Gopi added. Phoenix has already sold 25% of the Golf Edge units purely by invitation. With its upscale interiors and top-notch facilities, Golf Edge not only reflects Phoenix’s highest quality norms but makes a strong statement about the its high quality development standards.”
The Rs. 350 Crore Golf Edge apartments are fully vaastu compliant which has remarkable lobby, state-of-the-art interiors, splendid swimming pool, an international standard club house, golf view alongside Golf Edge Intercontinental 5 Star Hotel are just some of the features making living at Golf Edge a great experience. The price for Golf Edge apartments is in the range from Rs. 60 lakhs to Rs. 2 Crores.
Bookings for the Golf Edge property have already begun. For a walkthrough of the Golf Edge experience customers can visit www.golfedge.in http://www.youtube.com/watch?v=B_ukZTSGTg8 , you may write to us info@golfedge.in, or call +91-91600 98888
Pricol Travel Bets Big on Vacation Travel Market Sees 3-fold rise in biz turnover
Pricol Travel, part of the 1500Cr Coimbatore based Pricol Group has announced its plan to expand its portfolio of travel management business by entering the cruise cum leisure segment in a big way. To encash the growing popularity of cruise cum leisure vacation travel Pricol today announced the launch of a CruiseBay lounge in Banjara Hills, Hyderabad, and the 6th of such interactive lounges in India
Pricol Travel will also add 8 new uber luxury properties under the Tamara brand in the form of boutique hotels, wilderness lodges, luxury villas etc in different locations in South India, like Rameshwaram, Tanjore and Ootacamund. Focus will be on places of historical interest, hill stations, forest corridors, beaches all which would make for ideal family getaways.
The company expects a three- fold rise in its turnover from Rs 100 Cr to Rs. 300cr with a slew of organic and inorganic strategic initiatives like acquisition in the next two years. Pricol Travel is a top corporate travel management service provider in South India and aims to maintain its position with “Getaways de Pricol” by hosting special interest holidays like the Oktoberfest, Mardi Gras, The Scottish Whiskey Trail and Castles of Scotland itineraries and many more.
Making the announcement Vikram Mohan, Director Pricol Travel said “Pricol is very excited to launch the CruiseBay lounge in Hyderabad and offer cruise itineraries given the growing popularity and choice of traveler for cruise vacations in this region. We hope to benefit from the fact that cruises have always cost less than comparable land vacations and we are getting a huge amount of response from corporates and individual families to embark on cruise vacations both from Hyderabad and the other cities we operate.
“Pricol marked its foray into the leisure segment with the immensely successful Tamara Resorts in Coimbatore managed by international hospitality professionals Aitken Spence. Another recent acquisition under the Tamara name has been 50 acres of land in Thorapally in Mudumalai forest where the management has decided to open one of India’s most premium jungle lodges. The company wants to cash in on the ever growing number of hardcore wildlife enthusiasts” Vikram Mohan added.
“Leisure cruising is a multi billion dollar business with ships operating in all the seven oceans (and most rivers too!). There is a cruise holiday to suit every age, every budget and every need. Indians are beginning to experience the value and benefits of taking a cruise holiday and there is a steady 15% -20% growth in cruise passenger’s year on year. The growth is expected to grow multifold as international cruise liners are gearing up to sail in the Indian waters across our 7500 kms strong coastline. As an early entrant CruiseBay expects to capture the major market share being India’s first and only cruise focused company. ” Nikhil Thakurdas, Director of CruiseBay.
CruiseBay is a B2C company and currently sell cruises for 28 cruise liners, the cruise destinations include Alaska, Scandinavia, North America, Europe, Caribbean, Middle East, Asia, India, Hawaii, South Pacific, Africa, South America, Australia, New Zealand and Antarctica.
“Hyderabad is among the fastest growing IT hub. The city’s strong business connections with North America a main cruising hub that includes Alaska, Bahamas, Caribbean we expect considerable client addition from this region “CruiseBay operates in 5 cities and has sent over 500 passengers on a cruise holiday.” Nikhil commented.
“We believe that cruising is one of the best vacation options in terms of value. The cost of your cruise includes all meals, your accommodation, on-board activities and entertainment, plus transportation from port to port. This means that you know exactly what your vacation will cost you before you leave home. When you consider all the extras that a land vacation can cost, there’s no better value than cruising. “When people return from their first Pricol cruise holiday we hear from them that the whole experience had been completely invigorating and a great way to see the world in luxury.” Vikram Mohan added.
CruiseBay cruise lines feature soft adventure expeditions to such unusual and rustic frontiers as Antarctica, the Amazon rain forest or African Serengeti. Or one can discover historical legacies with itineraries to the Mediterranean, Northern Europe, South America or closer home to Vietnam, Hong Kong etc. Cruise vacationers can also enjoy spectacular scenic cruises to destinations like Alaska, Norwegian Fjords, the Caribbean and Greek Isles.
Cruising as a holiday option is growing in popularity amongst Indian travelers with the market growing at around 15% per year .A recent report has stated that around 75,000 passengers sailed out on cruises from India in 2010-11 and around 50% of them travelled to South-East Asia. This is still a miniscule share of less than 1% of those who took a holiday abroad (12 million outbound travelers in 2010).
Phoenix Launch “Golf Edge” a New Twin Tower Rs. 350 Crore, 1 Million Square Foot High End Residential Project with Multi Comfort Features
South India’s biggest premium Infrastructure development conglomerate Phoenix Group (www.phoenixindia.net) has kicked of its Rs. 2000Cr upscale multi comfort residential projects investment plans with Golf Edge in Gachibowli, Hyderabad. As part of this plan Phoenix will introduce similar projects in Tier 1, Tier 2 and Tier 3 Cities in Andhra Pradesh, Tamil Nadu and Karnataka in the next 5 years.
The Rs. 350 Crores, 1 Million Square Feet vaastu compliant 30 storied upscale twin residential towers is loaded with first time comfort features. Golf Edge will have a Golf View and it will be a fully furnished, completely automated residential complex built alongside a 210 room 5 star hotel managed by one of the largest Hotel chains owned by the Duet Group. Residents of Golf Edge will also have a dedicated 24×7 apartment facility, property management services and a first time residential club house managed by Duet Group. The residential units are expected to be handed over to home owners by 2014 in 3 phases.
“Given our confidence in its long-term economic development Phoenix is continuing to invest in the southern Indian region. With projects close to Rs 10,000 crore in the pipeline, the Phoenix has seen consistent business growth in past 9 years having developed more than 2.5 million square foot area of upscale real estate properties. We hope to continue our growth by introducing iconic infra properties in the South Indian market to cater to the growing needs of the value for money Indian consumers,” Suresh Chukkapalli, Chairman, Phoenix Group said.
In his comments Gopikrishna Patibanda, Managing Director of Phoenix Group said. “We are bullish about residential property development market in Hyderabad as we see the potential for outperformance in the real estate market. This is well illustrated in the Group successful investments in the past. In 2005, Phoenix sold its premium luxury apartments at the highest cost per SFT in the history of Hyderabad city’s apartments of Rs. 10,000 per SFT.”
“We’ve always had strong interest from clients around the world to invest in Phoenix projects and already 25% of Golf Edge property has been lapped up by buyers in less than 7 months.” Gopi Said. “The key to our success is to find a model that connects with consumer’s desire and to integrate them. Golf Edge concept offers great growth opportunity for us because this format allow us to tap new set of highly demanding and value for money buyers who do not find premium, integrated, affordable home backed with comfort features to invest. They also look to associate with a developer who promises partnership with owners forever.”
Speaking about the market sentiments and the challenges faced by uncertainty in the marketplace due to political issues in Hyderabad Suresh Chukkapalli said, we are not a speculative player we are creating what is required for the market and we are not looking for an exit option. We are a long term player and we believe in long term customer relationships which is our pillar of success.
Golf Edge is located in the buzzing financial industry hub which houses more than 1,00,000 Employees and growing to around 2,50,000 to 3,00,000 employees. According to market estimates the 2,000 apartments currently developed and under development in the vicinity are well short of the demand for more than 50,000 apartments.
The Rs. 350 Crore investment activities at Golf Edge include development of 497 Units of 2 BHK, 2.5 BHK, 3 BHK and Duplex 1055 – 3595 square foot high rise Twin Tower Apartments in a current price range of INR 60, 00,000 to Rs.20, 000,000 along with multi facility services and 210 room 5 star hotel.
Bharat Biotech announces the price of “ROTAVAC” its potential vaccine against Rotavirus Diarrhoea
Bharat Biotech (www.bharatbiotech.com) today announced the price of ROTAVAC® India’s first indigenously developed Rotavirus Vaccine. The vaccine will be sold to global public markets, Governments worldwide including UN procurement agencies at a price of US $ 1.0. Bharat Biotech hopes its new vaccine will help prevent part of the ~ 500,000 child deaths each year caused due to rotavirus diarrhea and improve access to better, affordable rotavirus vaccines.
ROTAVAC® expects India licensure during 2014 and WHO Prequalification in 2015 for supply to UN agencies. The Vaccine is currently undergoing Phase III clinical development for safety and efficacy in 8000 subjects, one of the largest such clinical trial ever conducted in India. According to CDC estimates, rotavirus causes approximately 352,000–592,000 deaths each year (median, 440,000 deaths) in children <5 years of age.
Making the announcement Dr. Krishna Ella, Chairman and Managing Director Bharat Biotech said “Offering rotavirus vaccines at US $1 price is a reaffirmation of our commitment to make vaccines affordable globally. It is a great effort, by the Bharat Biotech team which made this a possibility. I am thankful to our technical and commercial teams for a decade of diligent efforts in delivering a world class product. The key to our success of bringing down cost of vaccine is our novel concepts in vaccine development and innovative manufacturing processes with Public Health in mind.”
“Bharat Biotech strongly backs the initiative by GAVI to make vaccines affordable and available for countries worldwide. In 2001 I made a commitment to the Gates Foundation to develop and supply a novel rotavirus vaccine at US$ 1 a dose. We are extremely happy to honor that commitment.” Dr. Ella added.
Bharat Biotech’s rotavirus vaccine development project is a public-private partnership project between the company and the Dept of Biotechnology Govt of India, Gates Foundation, Program for Appropriate Technologies in Health, Centers for Disease Control, USA, National Institutes of Health NIAID USA, Society for Applied Studies, Translational Health Sciences Technology Institute, Indian Institute of Science, All India Institute of Medical Sciences, and Stanford University. Bharat Biotech has an installed capacity of 300 million doses and is well positioned to manufacture and supply ROTAVAC® to UNICEF, PAHO, and for national immunization programs.
Bharat Biotech is a pioneer in developing novel vaccines catering to the needs of the 5.8 billion emerging market populace. It has a strong pipeline of Vaccines under development such as Typhoid conjugate vaccine (TCV), Japanese Encephalitis and Chikungunya. Vaccines for Rabies, Polio, and Typhoid are undergoing WHO prequalification to enable supplies to UN Agencies. Bharat Biotech has also submitted a dossier for its pentavalent vaccine for WHO Prequalification.
“Our commitment to global public health has been reinforced through delivery of Oral Polio and Hepatitis-b vaccines to the Govt of India and Governments worldwide. We are fully committed to Polio eradication. With more than a 1.5 billion doses supplied so far, Bharat Biotech has become a premier manufacturer of vaccines globally. Bharat Biotech greatly acknowledges the continued support and guidance accorded by the Government of India, WHO, UNICEF, GAVI and PAHO” Dr. Ella said.
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