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Time of India
2 days ago
- Business
- Time of India
Maker of GLP1 pens scales up for generic debuts
As weight-loss drug sales surge with semaglutide's patent expiration, Gujarat's Shaily Engineering Plastics, an injector pen manufacturer, anticipates significant growth. Its stock has nearly doubled, and the company is doubling its production capacity to 80-85 million pens by fiscal year-end to meet rising domestic and export demands. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Mumbai: With sales of weight-loss drugs surging and set to go up even more as semaglutide goes off patent early next year, a low-profile manufacturer of injector pens, Gujarat-based Shaily Engineering Plastics , is set to reap a windfall. Its stock has nearly doubled over the past 12 months. Manufacturers of the pen-like devices that make it easy to self-administer metered doses that would otherwise need to be injected with a syringe are the unnoticed beneficiaries of weight-loss drugs becoming is doubling capacity in line with plans of top pharma companies to launch generic versions of GLP1 weight-loss drugs early next year in India and overseas, said a senior company executive. It will be increasing capacity to 80-85 million pens by this fiscal year end from 40-45 million currently to cater to domestic and export demand, Sanjay Shah, chief strategy officer, told ET."We will look at further expansion and ramp up (in FY27). Currently, we are working with multiple players who are looking to launch generic semaglutide in different markets," he to Shah, various estimates suggest global demand for injector pens is likely to reach 500 million per year in the next two-three years and about 2 billion by is leading industry insiders to predict a looming supply crunch for pen leading drugmakers like Sun Pharma , Dr Reddy's, Cipla and Lupin are expected to be a part of the first-day launch wave in several international markets and India as soon as the patent is investing about '125 crore in FY26 on capacity expansion of its IP-led pen platform."We will be expanding (capacity) going forward to cater to the global as well as domestic market," said drugmaker Novo Nordisk 's weight-loss molecule semaglutide, branded Ozempic and Wegovy , will go off patent in March next year, opening up the gates for Indian and overseas drugmakers to launch cheaper generic expect an immediate price reduction of 50% and further by 60-80% over the coming years. This will boost affordability, potentially spurring sales of the drug and consequently, injector the past, shortages of both Eli Lilly's tirzepatide and Novo's semaglutide in the US were largely due to lack of devices and fill-n-finish capacities after demand for the drugs far outstripped supply.
Time of India
01-07-2025
- Health
- Time of India
National Doctors' Day 2025: A day in the life of a doctor – stories from the frontlines
Doctors routinely advise their patients to slow down, reduce stress, get enough sleep and strike a work-life balance. But in reality, those very principles are often hard to practise in a profession that runs on unpredictability, intensity and human suffering. From life-saving interventions to critical surgeries and around-the-clock emergencies, doctors are expected to stay calm under pressure while the demands never let up. On National Doctors' Day, five senior specialists spoke about how they cope with the stress that inevitably comes with the responsibility of saving lives—and what it takes to protect their own mental, physical and emotional health. In surgical oncology, the emotional weight can be overwhelming For Dr Sanjay Shah, Trauma Surgeon and Head of the Emergency Department, Apollo Hospitals, Ahmedabad the stress comes not just from patient volume but the nature of the emergencies themselves. He's served through earthquakes, riots, and terror attacks — situations that test human limits. 'It's a 24x7 environment,' he says. 'Every moment is about decisions that can't go wrong.' What shields him from burnout is spiritual strength. Prayer, yoga, and meditation are part of his daily routine, as are short, meaningful breaks with friends and family. 'You need emotional anchors when the job never slows down,' he says. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Bring home all new SP160 & get an instant cashback up to ₹5000# Honda Undo In surgical oncology, the emotional weight can be overwhelming. 'The word cancer still carries fear. Not every patient survives, and that reality is heavy,' says Dr M Laxmidhar, Senior Consultant and Director of Surgical Oncology. Despite that, he finds strength in those who do recover. 'Knowing we're saving good number of patients with advance cancer keeps me grounded.' His coping routine includes early morning workouts and dedicated time with family. 'Even if I can't always eat on time, I start my day with exercise and end it by talking to my children and parents. It's my daily therapy.' Duty is non-negotiable For Dr Jayesh Prajapati, Senior Interventional Cardiologist, the key lies in structure and selective responsibility. 'Stress and overload are inevitable, but how you plan your day makes a big difference,' he says. Over time, he has narrowed his focus to only the most critical cardiac surgeries, while trusting his trained team to handle routine procedures. 'Delegating is not stepping back; it's knowing where your presence matters most. ' He ensures time for morning walks with his wife, speaks with his children daily, and reserves Sundays for meeting friends. 'These are non-negotiable parts of my week. They keep me sane.' Key lies in setting realistic expectations Orthopaedic surgeon Dr Daria Singh, Clinical Director of the Department of Orthopaedic Surgery and Joint Replacement Programme, takes a dual approach to managing stress — avoid what's preventable and cope with what's not. He structures his day in advance, allocating time for surgeries, consultations, and team rounds. 'When the day starts with clarity, the pressure doesn't spiral,' he says. For him, spending time with family, cycling regularly, and eating well are critical. He also believes clear communication with patients helps reduce unnecessary tension. 'Setting realistic expectations goes a long way in avoiding stress later — for both doctor and patient.' The mind needs a break Dr Pathik Parikh, Liver Transplant Physician, knows that monotony is as exhausting as emergencies. 'We often work all seven days. The mind needs a break,' he says. He finds balance through travel, family time, and learning new things. Recently, he completed an MBA and is developing a mobile app to digitise healthcare records. 'Doing something outside of clinical medicine refreshes you. It gives perspective and keeps burnout at bay. ' Despite their different specialities, the underlying message is the same — that resilience doesn't come from being immune to stress, but from building routines and support systems that help navigate it. Whether through structured planning, spiritual practice, meaningful connections or personal passions, each doctor has found their own way to maintain balance in an otherwise chaotic profession. Their reflections serve as a timely reminder that even those entrusted with healing others need space to heal themselves. On this Doctors' Day, their stories are a window into the rarely seen emotional world behind the white coat — where care and vulnerability coexist, and where wellbeing is not just a prescription for patients, but a practice for doctors too. Get the latest lifestyle updates on Times of India, along with Doctor's Day 2025 , messages and quotes!
Bloomberg
27-06-2025
- Business
- Bloomberg
Denmark Claws Back €232 Million Tied to Hedge Fund Founder Shah
Denmark is clawing back €232 million ($272 million) seized in Germany during a criminal probe of hedge fund founder Sanjay Shah as it tries to recover billions lost to the sprawling Cum-Ex tax scandal. The money is being handed over to Denmark's Customs and Tax Administration, or SKAT, a spokeswoman for Hamburg prosecutors said in an e-mailed statement on Friday.
Time of India
13-06-2025
- General
- Time of India
Crash sparks fear among residents near city airport
1 2 3 Ranchi: Following the tragic Air India plane crash in Ahmedabad on Thursday, residents living near the Birsa Munda International Airport in Ranchi have raised concerns about the proximity of tall buildings and trees to the airport, fearing they could create potential risks to flight operations. Airport authorities, however, said no threats were posed by the tall structures, so far. The Ranchi airport, located in the dense Hinoo locality, serves as a crucial transportation hub for the region. With increasing air traffic, the safety of flight operations has become a priority and the area near the airport is not only densely populated but also features many multi-storey buildings, markets, hotels, shopping malls and various other business establishments. According to the residents, their concerns are not only about the tall structures but also the presence of birds in the surrounding areas of the airport. On June 2, an IndiGo flight en route to Ranchi from Patna was forced to make an emergency landing at the city airport, after a vulture hit it. The nose of the Airbus A320 suffered damage after the incident. When TOI visited the airport and its surrounding areas on Friday, several high-rise buildings, up to seven storeys were spotted, just around 500 metres away from the guard wall of the airport's runway. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo While many buildings have already been built, many are also being constructed. "After the Ahmedabad incident, we got scared as we are living very close to the airport. The visuals of how the plane crashed over the hostel in Ahmedabad are still haunting us. In recent years, many multi-storey buildings have been constructed in the surrounding areas of the airport. I doubt the buildings are built following the prescribed norms," a resident, Sanjay Shah, told TOI. Vivek Singh, a shop owner near the airport, said, "There are many tall trees near the airport, which might create a hindrance to flight operations. However, the airport authorities regularly conduct safety measures, such as tree trimming, to mitigate any untoward incidents. Just last year, the branches of the tall trees were trimmed by the authorities." However, Ranchi airport director R R Mourya said the buildings constructed in the surrounding areas do not cause any hindrance to flight operations at the airport. "If highrises are present on either side of the runway, that doesn't create any hindrance as long as approach and landing routes are free. At the Ranchi airport, some highrises are there, but the runway is free from such hindrances. Obstruction lights are also installed atop the buildings near the airport," he said. Mourya further said, "As far as bird–hitting incidents are concerned, airport authorities regularly deploy bird chasers and zon guns to prevent birds from hovering around the airport, producing different sounds and firecrackers." The director added that the slaughtering of animals near the Ranchi airport is also banned under the law. Follow more information on Air India plane crash in Ahmedabad here . Get real-time live updates on rescue operations and check full list of passengers onboard AI 171 .
Bloomberg
21-05-2025
- Business
- Bloomberg
Hedge Fund Founder's German Tax Fraud Money Laundering Charges Dropped
German money laundering charges against hedge fund founder Sanjay Shah in a €330 million ($374 million) case were dropped after his conviction in a similar Danish prosecution. A Hamburg court agreed to throw out the case with a view to the Danish proceedings, Shah's German lawyer Björn Gercke said in an interview. Shah is also facing a fresh set of separate Cum-Ex charges from Cologne prosecutors which aren't affected by the decision.
