Dexcom Beats Quarterly Sales Expectations, Reaffirms Annual Outlook

Bengaluru: Dexcom, a medical device manufacturer, surpassed Wall Street expectations for third-quarter revenue and profit on Thursday, driven by strong demand for its continuous glucose monitors among diabetes patients and increased sales in international markets.
However, shares tumbled as much as 20% in extended trading after the company reiterated its full-year sales forecast and posted a 2% decline in U.S. sales for the quarter, disappointing some investors.
The stock is down 40% this year, largely due to a slump in July after Dexcom slashed its annual revenue forecast, blaming a restructuring of its sales team, fewer customers, and lower revenue from each customer.
CEO Kevin Sayer said in a post-earnings conference call performance would improve in the fourth-quarter and “get more and more effective over time”.
Shares recouped some lost ground and were last down 5%.
Sayer also said a record number of new patients signed up in the third quarter after Dexcom implemented feedback from its distribution channels.
The company also improved access to its devices in markets such as Japan and France to reach more “basal only” patients, and expects to see revenue growth in these markets next year.
Analysts had raised concerns about the pace at which Dexcom was capturing “basal only” diabetes patients who take one insulin injection a day, compared to rival Abbott.
Dexcom in August launched its over-the-counter device Stelo in the U.S. for adults aged 18 and older who do not use insulin, making it the first continuous glucose monitor available for over-the-counter sales.
The company reported third-quarter revenue of $994.2 million, beating analysts’ estimates of $990.7 million, according to data compiled by LSEG.
On adjusted basis, it earned a profit of 45 cents per share, slightly above expectations of 43 cents.

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West Pharma Raises 2024 Profit Forecast Amid Surging Demand for Injectable Therapy Supplies

Bengaluru: West Pharmaceutical Services raised its annual profit outlook on Thursday after exceeding Wall Street’s expectations for quarterly revenue and profit, driven by increased demand for cartridges and syringes used in the production of injectable therapies.
The company now expects 2024 profit in the range of $6.55 to $6.75 per share, compared with its previous profit per share forecast of $6.35 to $6.65.
The Pennsylvania-based firm has been anticipating growth in sales owing partly due to the increase in demand for components used in the packaging of treatments which include Novo Nordisk’s diabetes drug Ozempic, weight-loss drug Wegovy, and Eli Lilly’s diabetes drug Mounjaro.
It also slightly nudged its full-year revenue forecast to be between $2.88 billion and $2.91 billion, up from the prior range of $2.87 billion to $2.90 billion.
Analysts, on an average, were expecting annual profit of $6.51 per share and total revenue of $2.87 billion, according to data compiled by LSEG.
Sales for the third quarter was $746.9 million, beating analysts’ average estimates of $709.62 million.
Revenue for its proprietary products segment, through which West offers packaging products like stoppers, seals, syringes and cartridges for injectable drug, came at $601.4 million ahead of estimates of $565.15 million. The segment makes up more than half of the company’s total revenues.
On an adjusted basis, the company posted a profit of $1.85 per share for the quarter ended Sept. 30, above analysts’ expectations of $1.50 per share.
Read also: West Pharma, Venus Remedies expand partnership to launch NovaGuard SA Pro Safety System in India

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OJEE Extends NEET 2024 Round 3 reporting Deadline due to Cyclone Dana

Odisha- The Odisha Joint Entrance Examination (OJEE) Board has extended the National Eligibility and Entrance Test-Undergraduate (NEET UG) round 3 counselling 2024 reporting deadline due to the recent occurrence of the Cyclone Dana. The announcement has recently been made through a fresh notification by the OJEE.

As per the notification, OJEE has extended the last date for NEET UG Round 3 counselling reporting till October 30, 2024. Initially, the deadline was set between October 24 to October 26, 2024.

The decision of the extension has been taken as the state is preparing for the cyclone. In addition, other educational institutions in Odisha have already been closed and examinations have also been postponed

Also Read: PG AYUSH Admissions 2024: OJEE Releases Complete Counselling Schedule, Register NOW

Along with this, OJEE authorities have strictly instructed the MBBS and BDS candidates who have got fresh allotments in the NEET UG 3rd round of counselling 2024 to report to their respective colleges by the revised deadline i.e. October 30, 2024. Additionally, upgradation round candidates need to report at the OJEE Cell on October 28, 2024, between 10 am and 4 pm. If they do not do so, their seat will be cancelled, which will then be included in the round of vacant seats.

Meanwhile, the schedule for NEET UG stray vacancy round counselling for the academic year 2024 will be announced soon. Therefore, colleges have been directed to facilitate the physical reporting process for the allotted candidates and complete the admission formalities. Also, Deans and principals of colleges have been asked to make necessary arrangements so that the process remains smooth despite weather-related challenges.

On this, the official website highlighted that “Regarding reporting of MBBS/BDS students, Dean and Principals are required to take appropriate decisions at their level for physical reporting of the students keep in view of the situation due to cyclone Dana”.

Also Read: OJEE Announces Schedule For Round 1 Admissions to BAMS, BHMS courses, know all details

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Kerala Medical Council to Create New doctors’ Directory

Kozhikode: Amid the National Medical Commission’s directions to the doctors to register themselves on the National Medical Register (NMR), the State Medical Council in Kerala is reportedly planning to create a directory of modern medicine/ allopathy practitioners mentioning their names, registration numbers, qualifications, and additional qualifications.

KSMC is taking these steps to distinguish between “fake” doctors and qualified doctors practising without registering themselves with the Council of Modern Medicine of the Council. 

Under the National Medical Commission Act, 2020, and its regulations and the Kerala State Medical Practitioners Act, 2021, it is mandatory for doctors practicing modern medicine in Kerala to get registered with the council.

According to Hindu report, many of the modern medicine practitioners are reportedly practising without registering their MBBS degrees or additional qualifications such as MD/MS/DNB, DM/Mch/DrNB with the state medical council. 

Also Read: NMR Effect: Kerala Medical Council Might Suspend New Registration Process until NMC Issues Clarification

Further, they are allegedly exhibiting their other additional qualifications, such as membership of the medical academies and societies, which are not recognised by the NMC.

KSMC officials have opined that practising modern medicine by exhibiting such unregistered and unrecognised qualifications is punishable according to the law. Reportedly, some hospital managements are also found to have been posting advertisements, including the qualifications of medical practitioners and their images, on print and social media. In this regard, the council has warned to take action against such acts with appropriate punishments.

The Hindu has reported that the State Medical Council has now sought a list containing the names, registration numbers, qualifications, and additional qualifications of modern medicine practitioners employed at various hospitals in the State. Heads of these institutes will have to e-mail to the council at ksmcdoctorlist@gmail.com by October 31. Amid this, the Daily has reported that the council is planning to have an online system where people can check the qualifications and other details of modern medicine doctors.

The Council has directed all the modern medicine practitioners to register their MBBS qualification and other additional qualifications with the Council of Modern Medicine. It has directed them to display their registration number, registered qualifications, and registration certificate (legally attested copy) at their place of practice.

As per the direction, the doctors can only use the registration numbers, qualifications and additional qualifications registered with KSMC in their place of practice, prescriptions, seals and letter pads. Further, they have been directed to practice their registered specialities alone.

Meanwhile, the medical colleges, hospitals and clinics in the State have been advised to verify the original KSMC registration certificate of the modern medicine practitioners serving at their institutes to establish their eligibility. Such institutes should also keep attested copies of those certificates. Further, the display boards in all medical colleges, hospitals, and clinics should include the names, qualifications, additional qualifications and registration numbers of the doctors.

Although the State Government has not yet notified the rules for the Kerala State Medical Practitioners Act, 2021, the sources at the Council said that the Department of Law was working on them.

Earlier, it was being speculated that the KSMC might suspend processing new applications for registrations as all the new medical registrations will now be submitted through the central portal of the National Medical Commission (NMC) i.e. the National Medical Register (NMR). Considering this, media reports earlier suggested that the MBBS doctors, who are planning to start practice in the State of Kerala, may encounter delays in the process.

Also Read: NMR Effect: Kerala Medical Council might suspend new registration process until NMC releases clarification

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292 MBBS, BDS Seats Vacant in Tamil Nadu NEET 4th Round Counselling

Tamil Nadu- In the National Eligibility and Entrance test-Undergraduate (NEET UG) 4th round Counselling, a total of 292 seats are vacant in MBBS and BDS Courses for the academic year 2024 in Tamil Nadu.

The NEET UG 4th Round Counselling 2024 is going to conclude on October 28 2024 and the final result will be published on November 5 2024, therefore the entire process will be completed by 5th November 2024.

NEET UG 4th round counselling 2024 will begin on October 25 and end on October 28, 2024; Interested and eligible candidates are requested to apply for the said counselling through the official website of Tamil Nadu Medical Selection before the time ends.

Also Read: TN Health Releases Tentative Online Counselling Schedule for MSc Nursing 2nd Round 2024

On this, speaking to The Hindu , the Tamil Nadu Health Minister Ma. Subramanian said on Friday “As for government institutions, there was a single vacant MBBS seat and 23 vacant BDS seats. Under the 7.5% quota, four BDS seats were vacant at private colleges. A total of 67 MBBS seats were vacant at self-financing medical colleges and 61 at deemed universities. As many as 136 BDS seats were vacant at self-financing colleges”.

Furthermore, the Minister also informed that after the festival of Diwali, a meeting will be held with the Union Ministers of Health and AYUSH. At the meeting, he would take up the need to start postgraduate courses in Ayurveda in Tamil Nadu, he said on the sidelines of an event at the Tamil Nadu Dr. MGR Medical University.

It is to be noted that, only those candidates who do not hold any MBBS or BDS seats in the All India Quota or State Quota are eligible to participate in this online counselling. Candidates who have already joined MBBS or BDS seats through the All India or State Quota are not eligible. Additionally, candidates who did not join seats allotted through Tamil Nadu State Counselling Round-3 are also “Not Eligible” to participate in this counselling.

Also Read:1 142 Seats Available For MBBS, BDS Courses 2024-25, TN Health Releases Tentative Vacancy Positions

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23 Seats vacant after NEET MDS 2024 Special Stray Vacancy Round in Gujarat

Gujarat- The Director of Medical Education (DME) Gujarat has released the vacant seats after reporting of the National Eligibility and Entrance Test-Master of Dental Surgery (NEET MDS) Special Stray Vacancy Round for the academic year 2024-25.

As per the notice issued after reporting of the NEET MDS Special Stray Vacancy Round 2024, a total of 23 seats are vacant across 5 MDS Courses. Below are the vacant seats details-

Also Read: DME Gujarat Begins NEET MDS Special Vacancy Round Allotment, Releases Vacant Seat Positions

VACANT SEATS

S.NO

COURSES

VACANT SEATS

1

Oral Medicine and Radiology.

9

2

Oral Pathology.

9

3

Orthodontics.

1

4

Periodontics.

1

5

Public Health Dentistry.

3

TOTAL

23

Meanwhile, DME Gujarat has recently concluded the NEET MDS Special Stray Vacancy Round 2024 allotment and reporting process for the academic year 2024-25. The online choice-filling process for NEET MDS Special Stray Vacancy Round 2024 will begin on October 15, 2024, and end on October 18, 2024, at 05:00 PM.

ACPPGMEC The Government of Gujarat had constituted the “Admission Committee for Professional Post Graduate Medical Educational Courses (ACPPGMEC)” to regulate the admission of candidates to the CPS Diploma courses. The mission assigned to this Committee is to carry out the counselling process fairly and transparently. The admission process is conducted by this Committee strictly based on the candidate’s merit. The Gujarat Government has also established the Admission Committee for Professional Post-Graduate Medical Educational Courses (ACPPGMEC) to regulate the admission of candidates to professional medical courses. The functions of the Gujarat Medical Council include the maintenance of the Register, and providing for the registration of Medical practitioners, containing the names, and addresses of medical practitioners who possess any of the recognized medical qualifications. to reprimand a practitioner, or to suspend or remove him from the register, or to take such other disciplinary action against him as may, in the opinion of the Council, be necessary or expedient.

To view the vacant seat position, click the link below

https://medicaldialogues.in/pdf_upload/23-seats-available-for-neet-mds-2024-special-stray-vacancy-round-dme-gujarat-releases-vacant-seat-positions-258375.pdf

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Ayurveda Innovations for Global Health: Over 150 countries to celebrate Ayurveda Day on October 29

New Delhi: The Ministry of Ayush is all set to celebrate 9th Ayurveda Day on 29.10.2024. 

This year more than 150 countries across the globe have geared up for Ayurveda Day that is being celebrated around the theme “Ayurveda Innovations for Global Health”. On this occasion, the ministry of Ayush is going to organize a grand event at the All India Institute of Ayurveda (AIIA), New Delhi.

Shri Prataprao Jadhav, Union Minister of State, Ayush (I/C), Ministry of Ayush talked about the significance of Ayurveda Day and said, “Ayurveda Day has now become a global movement.

We are proud to learn that as many as 150 countries are expected to join Ayurveda Day celebrations 2024. He also highlighted the focus of the Ministry while underlining the theme of Ayurveda Day 2024 and added “The theme of this year’s Ayurveda Day celebrations gives new dimensions to the contribution of Ayurveda to global health. Our aim is to promote Ayurveda globally as a robust system of medicine for the welfare of public. Under this, the All India Institute of Ayurveda has initiated a month-long programme across the country.”

Also Read:Ayurveda Aahar helps to maintain a balanced body and mind: Union Minister Shri Prataprao Jadhav

While highlighting the vision of Ministry, Vaidya Rajesh Kotecha, Secretary, Ministry of Ayush said, “Through the Ayurveda Day celebrations, Ayush focuses on integrating Ayurveda with contemporary science to address critical health issues including non-communicable diseases, mental health, antimicrobial resistance, and geriatric care.”

Talking about the latest initiatives of the Ministry, he further added, “Ayurveda knowledge is made conveniently accessible to public through digital platforms under the umbrella of Ayush Grid including major initiatives such as Ayurgyan Scheme, Ayush Research Portal, and Namaste Portal.” Currently, Ayurveda is recognized in as many as 24 countries across the globe, while Ayurveda products are exported to over 100 countries”.

This year’s celebration will witness significant participation from startups and industry, positioning Ayurveda at the heart of global health innovation. Leading Ayurveda experts have expressed their thoughts and hopes for this important event. Ayush professionals are particularly enthusiastic about this year’s celebrations on the theme surrounding innovation in Ayurveda.

Dr. Manoj Nesari, Advisor, Ministry of Ayush and Director, North Eastern Institute of Ayurveda and Homeopathy (NEIAH), Shillong, said, “The theme ‘Ayurveda Innovation for Global Health’ has been specifically chosen to highlight the huge research work done in Ayurveda to establish the scientific relevance of Ayurveda in promotion of health and treatment of various disease conditions.

This also highlights the relevance of Ayurveda for the healthcare of the people across the globe irrespective of their religion, ethnicity, social status and geographical boundaries. The special focus in innovation would attract and inspire our youngsters to indulge in Ayurveda and establish startups. I also see lots of vibration and enthusiasm in the people of North East states and rising acceptance of Ayurveda in all North East states.”

Dr. Mohan Singh, Director Ayush, Jammu & Kashmir, stated, “Given the theme of this year’s celebrations, we are all excited to be part of the Ayurveda Day 2024 activities. We anticipate an extraordinary confluence of professionals, researchers, and startups, all dedicated to creating a healthier, more sustainable world through the power of Ayurveda.”

Dr. Sanjeev Sharma, Vice Chancellor of the National Institute of Ayurveda, added, “The commitment and passion of our students and scholars who are preparing for the Ayurveda Day 2024 celebrations is inspiring. This would be an opportunity to explore new dimensions of holistic health, where ancient wisdom combines with modern innovation for global health.”

Dr. B.J. Patagiri, Director, Institute of Teaching and Research in Ayurveda (ITRA) mentioned, “The participation of students, scholars, and innovators in this year’s celebration is a testament to how tradition and innovation together can revolutionize global health.”

Ministry of Ayush continues to work toward integrating Ayurveda into the mainstream of global health. Initiatives such as the WHO Global Traditional Medicine Centre (GTMC), Ayushman Bharat Yojana, and the Research Centre for Innovation in Ayurveda Biology are advancing Ayurveda’s role in the global health system. Additionally, the reactivated “I Support Ayurveda” Campaign aims to garner over 250 million votes in support of Ayurveda. Last year’s campaign was a tremendous success, with 160 million votes.

As the world moves toward Ayurveda Day on 29th October 2024, the Ministry of Ayush, its partner institutions, professionals, and Ayurveda enthusiasts around the globe are excited for this unique celebration. Through innovation and collaboration, Ayurveda is poised to offer sustainable solutions for global health and well-being.

It is to note that the celebration of Ayurveda Day takes place annually on the auspicious occasion of Dhanvantari Jayanti (Dhanteras). Since inception in 2016, Ayurveda Day has gained global significance. This year’s celebrations are filled with energy and enthusiasm, culminating in a closing ceremony on 29th October 2024. Throughout the month, various events and activities are being organised nationwide, highlighting the importance of Ayurveda in health promotion and disease prevention.

Also Read:Ayurveda is India’s invaluable gift to World: President Murmu graces 8th foundation day of AIIA

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New Nursing, Paramedical Colleges Soon To Come Up In Medak: Telangana Health Minister

Telangana- Recently, the Telangana Health Minister, C Damodar Raja Narasimha announced the commencement of the construction of the new nursing and paramedical colleges in Medak, Telangana by next year.

In addition to the commencement of the construction of these educational institutions, the Minister also announced the establishment of a new 220-bed hospital in the district.

The establishment of these colleges and hospitals is part of a broader initiative to enhance healthcare infrastructure in Telangana to ensure that all residents have access to quality medical services.

Also Read: Telangana Govt Sanctions Rs 79.5 Crore for new hostel blocks at Gandhi Medical College

As per Siasat Media news report, Telangana Health Minister C Damodar Raja Narasimha made this announcement recently while addressing first-year MBBS students at the Government Medical College. 

While addressing the first-year MBBS students at the Government Medical College the Minister also emphasised the importance of local healthcare, stating, “Ninety per cent of patients should be treated in area hospitals. We must ensure that people do not need to travel to cities for medical care.”

Further, he also reiterated the government’s commitment to provide free, quality medical services to every citizen in Telangana and also highlighted that the future of the state is in the hands of its doctors. With this, he further added during his keynote address that “Serving patients brings a profound sense of satisfaction”.

Telangana has only a total of 3 Nursing colleges namely Sri Surya College of Nursing, Near Sai Durga Hospital, Ramachandrapuram, MNR College of Nursing, Fasalwadi, Sangareddy and Apex College of Nursing, R.C. Puram and 186 Nursing colleges in the state of these 129 are private and 13 are public or government owned. Similarly, a total of 26 Paramedical colleges are currently present in the state of Telangana including 10 private colleges, 6 public colleges, and 1 public-private college.

Also Read :Telangana High Court seeks Report on facilities at State-Run Hospitals

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5-year-old dies of fever at UP Hospital: 2 doctors terminated, 2 suspended for watching cricket during duty

Budaun: Following the death of a five-year-old girl from fever at a government medical college hospital in Uttar Pradesh, the health department has terminated the services of two contractual doctors and suspended two others for allegedly failing to attend to her because they were busy watching a cricket match.

The girl’s family had alleged that she died because the doctors and the health staff were busy playing cricket instead of treating their daughter.

For more information, click on the link below:

5-year-old dies of fever at UP Hospital: 2 doctors terminated, 2 suspended for watching cricket during duty

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NEET PG 2024: Supreme Court Postpones Hearing Again

New Delhi: In a disappointment to the aspirants seeking admission to postgraduate medical courses, the Supreme Court today postponed the hearing on the NEET-PG 2024 issue to a future date amid the confusion on the question of whether anyone appeared for the Union of India or not.

The plea was filed by a group of PG medical aspirants challenging the sudden change of exam pattern and seeking clarity regarding exam process. Previously, during the hearing on September 30, the plea was postponed as no one appeared on behalf of the Central Government. On that day, CJI Chandrachud requested all the Additional Solicitor Generals (ASGs) to be there for the upcoming hearing on October 4, 2024.

For more information, click on the link below:

NEET PG Supreme Court Hearing Postponed Again

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