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Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

Boiler blast at Vedanta plant in Chhattisgarh kills 11, injures 22 Madhya Pradesh CM says basmati rice from the State is exported to 47 nations IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy Sify data centre arm IPO on track and will be timed with market conditions, says CFO BALCO deploys AI humanoid agent for real-time training, operations and safety Funskool clocks $40 million revenue in FY26, despite tariff headwinds Val-Met Engineering secures ₹200 crore funding from Nuvama Crossover Opportunities Funds BEML secures $36.38 million export order from West Asia region Chitale Bandhu Mithaiwale to inaugurate new production facility near Pune NCLT allows personal guarantee case against Videocon promoter Dhoot No immediate impact of US blocking Iranian vessels on India’s crude cargoes Indian spacetech startups shift gears from R&D to scalable manufacturing Protest by factory workers in Noida, Faridabad turns violent Sharon Pais takes over as Head of Myntra Nadir Godrej to retire as chairperson, Pirojsha Godrej named successor APAC emerges as growth engine amid data sovereignty push: IBM’s Hans Dekkers Unicharm India expands Diabetes Care portfolio Sarovar Hotels sees traction in tier II cities, pilgrimage towns Motherson Sumi Wiring says no impact on operations amid Noida labour protests Aster DM Healthcare invests ₹96 cr to expand Aster Whitefield by 159 beds Ola Electric launches S1 X+ 5.2 kWh with 4680 Bharat Cells India’s active LED display market hits ₹2,000 crore China’s TCL is said to consider stake sale in India TV business Strengthening R&D, investment key for Indian drugmakers to lead globally: Nadda Piper Serica deploys ₹210 crore in 33 start-ups; to invest remaining ₹63 crore in 2-3 months NCLAT adjourns hearing on Vedanta plea against selection of Adani's bid for JAL GE Aerospace signs contract with Indian Air Force to help establish in-country depot for F404-IN20 engines RateGain launches AI-driven hotel marketing certification programme Q4 Results This Week: HDFC Bank, ICICI Bank, Wipro, Just Dial among 42 companies reporting GE Aerospace scales AI from pilots to production; India anchors global capability
US FDA approves expanded use of Sanofi's type 1 diabetes ...
By Reuters · 2026-06-13 · via Company News: Companies Analysis, Updates & Insights | The HinduBusinessLine

The US Food and Drug Administration said on Friday ​it has approved the expanded use of Sanofi’s type ‌1 diabetes injection in children aged ​8 to 17 years who were recently ⁠diagnosed with stage 3 of the condition.

The FDA had first approved the drug, Tzield, in 2022 to delay ‌the progression of type 1 diabetes from stage 2 to 3 in patients ‌aged 8 years and older. Its ‌label ⁠was expanded over time.

In April, the regulator ⁠approved use of the drug to delay the progress to stage 3 in patients as young as one year.

The ​latest label expansion ‌allows use of the drug in children recently diagnosed with stage 3 of the condition, with the aim of slowing down loss of insulin ‌production.

Type 1 diabetes is a chronic ​condition in which the pancreas makes little or no insulin, with stage 3 ⁠patients experiencing symptoms such as frequent urination, excessive thirst and fatigue.

Stage 3 patients usually require insulin therapy ‌to manage these symptoms.

Tzield works by targeting the immune response that damages insulin-producing cells in the pancreas, helping preserve the body’s own insulin production for longer.

The latest approval was based on a study of 328 children and teenagers who ‌had been diagnosed within the past six weeks. Patients who ​received the drug had a smaller decline in insulin-producing cell function than those ⁠who received a placebo after about 18 months.

Tzield, however, ⁠has been under FDA scrutiny over safety concerns. The drug has a ‘boxed warning’, the ‌FDA’s most prominent safety warning, after reports of serious life-threatening cases of viral infections, including Epstein-Barr virus ​and cytomegalovirus.

Published on June 13, 2026