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The Economic Times

Buy Godrej Agrovet, target price Rs 970: Motilal Oswal

Godrej Agrovet Ltd. key Products/Revenue Segments include Animal Feed, Oil Vegetable, Crop Protection, Others, Other Operating Revenue for the year ending 31-Mar-2024.

Business Standard

Govt aims to boost fishery sector by taking exports to Rs 1 trn per year

Union Minister Rajiv Ranjan Singh on Wednesday said the government is focusing on increasing annual seafood exports to Rs 1 lakh crore from around Rs 60,000 crore last fiscal and will also take measures to strengthen the foundation of the fishery sector over the next five years. Singh, who is Union Minister for Fisheries, Animal Husbandry & Dairying, was addressing an event to mark the 4th Anniversary of Pradhan Mantri Matsya Sampada Yojna (PMMSY) here. He also launched Pradhan Mantri Matsya Kisan Samridhi Sah-Yojna, and released the standard operating procedure on production & processing clusters in the fisheries sector. The minister noted that the fishery sector, which provides livelihood for more than 3 crore fishers and fish farmers, did not get due attention since independence. However, Singh said the Prime Minister Narendra Modi-led government has taken various decisions since 2014 for the growth of this important sector, including the launch of the PMSSY scheme with an .

Hindustan Times

Zoetis strengthens India presence with major Hyderabad facility expansion

Zoetis, a global leader in animal health, has announced the expansion of its Global Capability Center in Hyderabad, India.

The Economic Times

US animal health major Zoetis expands GCC in Hyderabad

Zoetis, the world's largest producer of pet and livestock medicine, is expanding its global capability centre in Hyderabad. The centre will add around 300 technology jobs by next year and support the company's global operations using advanced technology tools. This expansion aims to leverage Hyderabad's tech talent pool and life-science ecosystem.

The Economic Times

Potential outbreak-causing dangerous viruses found in China’s fur animals

Scientists have discovered novel and potentially dangerous viruses in raccoon dogs, mink, and other fur-farmed animals in China. The study found 125 virus species, including 36 novel ones, with 39 posing a high risk of crossing the species barrier. This highlights the need for better virus surveillance in fur-animal farming.

Business Standard

Govt plans FMD-free zones in 8 states to enhance animal product exports

The government plans to establish Foot and Mouth Disease (FMD)-free zones in eight states to boost exports of animal products, according to a senior government official. Alka Upadhyaya, Secretary in the Department of Animal Husbandry and Dairying, announced the initiative at the workshop that concluded on August 30 on the issue of animal infectious disease prioritisation, organised by the Food and Agriculture Organisation (FAO) in collaboration with the department. "We've made significant progress in tackling four critical diseases: FMD, Peste des Petits Ruminants, Brucellosis, and Classical Swine Fever under the National Control Programme," Upadhyaya said. The government "plans to establish FMD-free zones in eight states, where advanced vaccination efforts are underway", she said. This strategic move is expected to pave the way for expanded export opportunities for Indian animal products, enhancing the country's global market presence, she added. The three-day workshop resulted

Business Line

Indian Immunologicals develops innovative needle-free intranasal Covid-19 booster vaccine

The vaccine demonstrated remarkable stability and safety in extensive animal studies, generating a robust and broad-spectrum neutralizing antibody respons

Business Line

Zydus Lifesciences acquires 50% stake in Sterling Biotech for fermentation-based protein business; shares drop nearly 6%

The joint venture aims to establish a “state-of-the-art” facility for manufacturing fermented animal-free protein for global markets.

Business Standard

Zydus Lifesciences to acquire 50% stake in Sterling Biotech

Firm will focus on animal-free protein production

Business Standard

Zydus Life arm inks pact to acquire 50% stake in Sterling Biotech

Zydus LIfesciences said that its wholly owned subsidiary, Zydus Animal Health and Investments has entered into share purchase and share subscription agreement (SPSSA) with Perfect Day to acquire 50% stake in Sterling biotech.

The Economic Times

From napkin scribbles to heart pumps, a life-saving breakthrough from casual dinner talk

An Indian surgeon and Australian professor founded Cardiobionic to create affordable heart pumps. Patented prototypes, including a bi-ventricular assist pump, use a non-contact impeller and are undergoing animal tests. Cardiobionic has been funded by Indian investors and others

The Economic Times

Norms soon on disposing of expired medicines

The document is in the final stages of completion. It will include procedures to be followed for disposal, collection, storage and transportation of expired and unused drugs. Improper disposal of medications that have crossed the expiry date mentioned on the label or not used by the individual for whom they were prescribed and purchased may be hazardous to public health, animal health and environment, officials said.

The Economic Times

Government considers ban on two antibiotics

The government is considering banning the production, import, and distribution of chloramphenicol and nitrofurans antibiotics used in food-producing animal rearing systems, due to misuse in poultry and animal feed supplements.

The Economic Times

Ajooni Biotech ties up with Avalon Bioenergy for sustainable moringa processing

Ajooni Biotech has partnered with Avalon Bioenergy, an Indian subsidiary of the US-based Avalon Energy Group, to establish processing plants for the sustainable processing of moringa seeds and leaves in India. Avalon will extract oil for further processing and marketing, while Ajooni will use the remaining oil cake to create animal feed products for further processing and distribution within India and for exports.

The Economic Times

Aquaculture overtakes wild fisheries for first time: UN report

Aquaculture now surpasses wild fisheries in aquatic animal production, playing a crucial role in global food needs, according to a UN report. In 2022, aquaculture produced 94.4 million tonnes, 51% of the total and 57 percent of the production destined for human consumption. The report highlights challenges faced by the sector like climate change, pollution, and the need for investment, especially in Africa.