Artificial Intelligence (AI) has made significant strides in recent years. Technology is redefining multiple industries including creation. The launch of AI tools such as ChatGPT, OwlyWriter AI, Dall-E, and more is redefining content creation. However, the processing of these AI algorithms requires advanced chips for efficient computing. AI algorithms are primarily based on Machine Learning (ML) and Deep Learning (DL) capabilities, which require a huge number of cores and Graphic Processing Units (GPUs) to work efficiently. In easy terms, the processing of complex AI algorithms requires the computing power of a supercomputer, and they are exorbitant and out of the reach of the masses. Thus, cloud computing and parallel processing have emerged as the most viable alternatives catering to ...

The Finance Minister Nirmala Sitharaman presented the interim budget on 1st February 2024. The budget is aimed at transforming India into 'Vikasit Bharat’. FM highlighted the budget focuses on four major pillars of developed India including, youth, poor, women, and farmers. In his prior budget address PM Modi announced that the budget would be driven by 'Nari Shakti'. Additionally, in her budget speech, the FM emphasized on social justice and inclusion. Thus, the budget announces some major welfare initiatives in line with this vision. The FM added that the Indian government is working with an all-round, all-pervasive, and all- inclusive development approach. It has been evident through the speech that social justice has emerged as a political slogan. The FM affirmed that social justice...

Finance Minister (FM) Nirmala Sitharaman presented the interim budget- a short-term financial plan on February 1, 2024, in the parliament. The full budget would be presented by the new government, in July, after the Lok Sabha polls. The interim budget is the balanced budget and seeks Parliament's nod for a grant in advance to meet the government's essential expenditure for the first four months of the new financial year. In her speech, the FM confirmed the budget's focus on the four major pillars of developed India namely, the young, poor, women, and farmers. The budget is a representation of FM’s outlook to make India a ‘Vikasit Bharat’ by 2047. She added that the government could save INR2.7 lakh crore (around $32.5 billion) through avoidance of leakages. Review of the Past Performanc...

In January 2024, the FDA achieved a significant milestone by approving two pivotal drugs for cancer treatment. On January 12, pembrolizumab (Keytruda, Merck), in combination with chemoradiotherapy, received FDA approval for the treatment of FIGO 2014 Stage III-IVA cervical cancer. This was followed by the successful approval of erdafitinib (Balversa, Janssen Biotech) on January 19, a drug designated for use in cases of locally advanced or metastatic urothelial carcinoma.Keytruda (Merck & Co) Worldwide Sales, 2021-2023 ($ Billion) Merck presently has numerous candidates undergoing regulatory review both in the United States and internationally, or they are in the advanced stages of clinical development. Keytruda (MK-3475), an anti-PD-1 therapy, has gained approval for treating various ca...

Keytruda surpassed Humira to become the leading product in 2023. The Comirnaty COVID-19 vaccine, which had previously displaced Humira in 2022, experienced a significant decline in sales during 2023. The introduction of biosimilars targeting AbbVie anti-rheumatic in the US in January 2023 contributed to the decline in sales for the year.Top Selling Drugs in 2023 ($ Million) KEYTRUDA is a prescribed medication employed in the treatment of triple-negative breast cancer (TNBC), melanoma, non-small cell lung cancer (NSCLC), head and neck squamous cell cancer (HNSCC), bladder and urinary tract cancer (urothelial carcinoma), and various other types of cancer. Merck reported Keytruda sales of $18 billion in the initial nine months of 2023. Sales for the first half of 2023 amounted to $12.07 bi...

Finance Minister Nirmala Sitharaman is set to unveil the Budget 2024 on February 1. However, economists are suspicious that the interim budget would be used as a tool of political messaging, highlighting the government's commitment towards inclusive growth, and adopting a cautious approach towards spending. Furthermore, the recent welfare programs highlight the change in the pattern of big spending, which is redirected to infrastructure spending to maintain economic growth and reduce fiscal deficit, with a continued focus on capital expenditure. The estimations could be substantiated by the recent policy changes including, The doubling of the annual payments to the female farmers to INR12,000.0 (around $145), would cost $1.4 billion annually. This is seen as a tactic to win female voter...

In the present landscape, digital twins are arising as a groundbreaking paradigm to revolutionize process and innovation. Predictive maintenance held the largest share of the digital twin market in 2023, however, the technology is now expanding its realms to various domains, from healthcare to smart cities. Healthcare is anticipated to exhibit the highest growth in the years to come. The global digital twin market is projected to grow significantly exhibiting an average CAGR of 40.7%. This growth is primarily attributed to its rising demand in the healthcare industry and the increasing focus on predictive maintenance. Digital twins are increasingly being used in predictive maintenance for cost reduction and improved supply chain operations. For instance, LocLab, a part of Hexagon, has i...

When a person thinks about health, they consider it as a personal phenomenon. However, it is not as simple as that. Family, society, income, expenses, status, recognition, education, and healthcare, among others, play a very vital role in affecting an individual’s health. That’s where the concept of Social Determinants of Health (SDOH) arises where it links the gap between the effects of social factors on health outcomes. Since COVID-19 and its restrictions, these factors have affected an individual’s health more than any virus could ever. That is why this article will discuss what SDOH is, its impact on personal health, and what an individual can do to avoid its negative impact. So let’s go ahead and give health a new perspective and a chance to be healthier- What are Social Determinan...

The time span of 2000- 2020 is primarily referred to as the drug shortage era, however the problem is still pertaining to the post-COVID-19 era. The frequency of drug shortages have caused numerous difficulties for clinicians, healthcare facilities, patients, and federal regulators in the recent years. The consequences of COVID-19 have further exacerbated the situation. Drug shortages are caused by many factors, including difficulties in acquiring raw materials, manufacturing problems, regulatory issues, supply chain discrepancies, and business decisions. They adversely affect patient care by causing the substitution of safe and effective therapies with alternative treatments, compromising or delaying medical procedures, or causing medication errors. Although certain types of drugs are ...

Digital signage, sometimes called electronic signage, refers to display technologies like LED walls (or video walls), projection and LCD monitors to vividly display webpages, videos, directions, restaurant menus, marketing messages or digital images. Digital signage functions in different settings — public spaces, museums, sporting arenas, churches, academic buildings, retail stores, corporate spaces and restaurants — to offer wayfinding, messaging, marketing and outdoor advertising.The increasing demand for virtual displays is driving the growth of the digital signage market. Digital signage has multiple applications, primary of which is marketing. They are increasingly being used as a subset of the multichannel marketing strategy and provides unlimited marketing content, campaigns, an...