Moderna COVID-19 vaccine works well in older adults in study : Bulletin: Business Today
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Moderna COVID-19 vaccine works well in older adults in study

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BusinessToday.In | August 27, 2020

Moderna COVID-19 vaccine appears to work as well in older adults in early study

Moderna Inc has said its experimental COVID-19 vaccine induced immune responses in older adults similar to those in younger participants. This offers hope that it will be effective in people considered to be at high risk for severe complications from the coronavirus. The company is one of the leading contenders in the race to develop a vaccine against the virus

Alibaba puts India investment plans on hold due to China tensions

Alibaba, which has fuelled the growth of several Indian start-ups, will not put in fresh funds to expand its investments in India for at least six months, reported Reuters. The souring business relations are due to rising political tensions between the two neighbours, India and China. However, there are no plans to reduce its stakes or exit investments

Apple will launch its first online store in India in September, physical stores slated for 2021

Apple will launch its first online store in India in September, sources told Bloomberg. The online store will be ready for operations just ahead of the festive Dussehra-Diwali spending season.  Apple is looking to move beyond China for the marketing and manufacturing base of its products and focus on India.

Govt to sell up to 15% stake in Hindustan Aeronautics

The government will sell up to 15 per cent stake in Hindustan Aeronautics (HAL) through an offer for sale (OFS), which could fetch about Rs 5,000 crore to the exchequer. The floor price for the offer has been fixed at Rs 1,001 per equity share of the company. The price is at 15 per cent discount to Wednesday's closing price of Rs 1,177.75.

HMD to produce 1 billion syringes by 2021 to push COVID-19 vaccination

Hindustan Syringes & Medical Devices (HMD), one of the largest global manufacturers of disposable and auto-disabled (AD) syringes, is scaling up its production capacity by 300 million to one billion by the first half of 2021 from the current 700 million syringes a year, as India is getting ready for COVID-19 vaccine immunisation.

Data security plan proposed to protect citizen record under digital health mission

The National Health Authority (NHA) has proposed a draft health data management policy for the administration of Prime Minister Narendra Modi's just announced flagship project - the National Digital Health Mission (NDHM). While the draft policy keeps it voluntary for stakeholders to be part of the mission (NDHM) meant to create digital health records of citizens, it has a long list of do's and don't's for individuals and institutions that opt for the project.

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