GVK Bio teams up with Onconova Therapeutics to develop cancer drugs

GVK Bio teams up with Onconova Therapeutics to develop cancer drugsContract researcher GVK Biosciences Private Ltd has teamed up with Onconova Therapeutics Inc to develop new drugs for cancer.

US-based Onconova is a late-stage biopharmaceutical firm that mainly develops innovative treatments for the treatment of cancer and radiation injury.

As part of the joint partnership, the US firm will give two early-stage oncology discovery goals, and Hyderabad-based GVK will make use of its multidisciplinary discovery platform to assist moving these goals from early discovery to the stage of clinical development.

KFA employees to move court to get salaries

KFA employees to move court to get salariesEmployees of the grounded Kingfisher Airlines (KFA) have decided to drag the beleaguered company to court to get salaries due for nearly eight months.

The Kingfisher Airlines Maintenance Engineers Association took the decision during a meeting on Wednesday.

S C Mishra, a representative of KFA engineers, said they had not received salaries since May last year and thus they wanted a workable solution for that.

Analysts expect IT firms to report muted revenue growth for Oct.-Dec. quarter

Analysts expect IT firms to report muted revenue growth for Oct.-Dec. quarterIndian information technology services firms are expected to report muted quarter on quarter growth of just 1-3 per cent in the three months to December due to delays in new outsourcing projects in the US and Europe.

Super storm Sandy that ravaged the US in October 2012 is also expected to have a considerable impact on the revenues of the Indian outsourcing firms.

Mayawati wants rail fare hike axed

s/Mayawati_Lucknow, Jan 10 : Bahujan Samaj Party (BSP) chief Mayawati Thursday demanded a rollba

Cases against Akbar show 'communal mind', says Owaisi

Asaduddin-OwaisHyderabad, Jan 10 : MIM president Asaduddin Owaisi Thursday said the Congress government in Andhra Pradesh displayed its "communal mind" by booking serious cases against his brother Akbaruddin Owaisi.

The Majlis-e-Ittehadul Muslimeen MP told reporters that the Congress would have to pay a heavy political price in the next election.

"By booking serious cases, the Congress government has displayed its communal mind," Owaisi said.

Cancer kills one Chinese every five minutes

Cancer-kills.Beijing, Jan 10 : Around 2.7 million Chinese people die from cancer every year. This means there is one death due to the disease every five minutes, says a government-recognised report.

About one in five Chinese people might develop cancer if they live to be 74, the China Daily cited the 2012 Cancer Registry Annual Report as saying.

There is one death from cancer every five minutes on the Chinese mainland, which translates into 2.7 million cancer deaths annually, the report said.

The figures were based on data collected from 72 cancer surveillance sites in 24 provinces, covering 85 million people.

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