One of the lethal complications of Covid is Mucormycosis, also known as ‘Black fungus’ #infection. This dangerous fungal infection affects the nose, eye and sometimes the brain. My colleagues in ENT and Ophthalmology told me that previously (1/n)
...this disease was rare and they used to get only 1-2 cases per year but now they are getting 2-3 cases/day.Diabetics are more prone to suffer from this disease as high sugar levels are favourable for mucor’s growth. Excess use of steroids in Covid also increases...(2/n)
....the chances of developing mucormycosis as steroids tend to increase blood sugar levels. My colleagues told me that when sugar level crosses 200 mg/dl (Normal range: 70-140), there are higher chances of developing mucormycosis. (3/n)
An #antifungal drug which is effective against the mucor is Amphotericin-B. This drug has to be given for longer period (few months) as all the fungal infections take time to cure. As one dose costs around 3000 rs. ,the overall cost of the treatment is around 5-10 lacs.(4/n)
Inspite of the treatment the disease may spread in eye, jaw, nose etc. and the affected organ has to be removed to save the life of a patient. (5/5) #CovidComplication
A good read.
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~Confirmation Bias: Confirmation bias is the tendency to process information by looking for, or interpreting, information that is consistent with investor’s existing beliefs. E.g. An investor thinks that one can buy growth stocks at any prices so he searches articles of.....
‘buy growth stocks at any price’ and then confirms his belief with documentary evidences.
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A thread: Acquisitions, mergers and demergers of Pharmaceuticals and Chemicals MNCs:
Ciba-Geigy AG, was a swiss pharmaceutical giant formed in 1970 from the merger of Ciba AG and J.R. Geigy SA. Ciba started out in the 1850s as a silk-dyeing business and branched out into pharma.
In 1996, the pharmaceutical business of Sandoz was merged with Ciba-Geigy to form Novartis and chemicals business of Sandoz was hived off to a different company named Clariant chemicals. Later, in December 1999 , the spin-off and merger of the agrochemical and seed division of...
...Novartis and the agrochemicals and biotechnology research divisions of AstraZeneca led to origin of an agrochemical giant Syngenta. (Astra Zeneca has retained its seed interests, a 50% stake in Advanta, a joint venture with Cosun.) Syngenta India was delisted in 2007 from....
Abolishment of dividend distribution tax will encourage more MNCs to give hefty dividends. In this financial year few companies have already declared hefty dividends which are as follows: 1. Pfizer:320 rs./share 2. SKF India:130 rs./shr 3. Oracle fin. services:180 rs./shr
(1/2)
Sanofi has announced a dividend of 352 rs./shr in last financial year but record date is yet to be declared.
All cash rich MNCs are future candidates for hefty dividends.
Discl: Not a buying recommendation.
Esab India board recommended 700% interim dividend..!
P.S.: not a buying recommendation.