SGX Nifty points to a positive opening
April 27, 2021
News related to Covid spread and Q4 results will drive the market sentiment After a strong beginning for the week, Indian markets are expected open on a cautious note with minor gains on Tuesday. With global cues remaining mixed, shut-down worries in some States due to Covid pandemic will keep then domestic market on the edge, said analysts.
The SGX Nifty at 14,542 (8 am IST) indicates a positive opening for Nifty futures, which on Monday closed at 14,537 points (May futures) and at 14,486 points (April futures). Most markets in the Asia-Pacific region such as Japan, Korea, China, Australia and the Philippines are in the red marginally while Taiwan market is up by about by 0.2 per cent.
Shilpa Pharma, Inc Sues Novartis Pharmaceutical Corporation for Patent Infringement equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
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2 hours ago On Wednesday in the District of Delaware, Shilpa Pharma Inc. filed a complaint against Novartis Pharmaceuticals Corporation, alleging that the defendant’s drug Gilenya infringes on one of the plaintiff’s patents.
Shilpa is the assignee of United States Patent No. 9,266,816 (the ’816 patent), “Fingolimod Polymorphs and Their Processes,” according to the complaint.
Novartis holds New Drug Application (NDA) No. 022527 for Gilenya capsules in 0.5 and 0.25 mg strengths, which is listed in the Food and Drug Administration (FDA)’s drug patent database,
Orange Book. The active ingredient in Gilenya is fingolimod hydrochloride, which is used to treat multiple sclerosis in patients 10 years and older.