MSMEs Seek Relief as Global Crisis Raises Costs and Uncertainty

Micro, Small and Medium Enterprises (MSMEs) across India are facing increasing pressure due to the ongoing tensions in West Asia, which have disrupted global trade and pushed up fuel prices. As logistics costs rise and supply chains become uncertain, small businesses—often operating with limited financial buffers—are among the hardest hit.

MSMEs Seek Relief as Global Crisis Raises Costs and Uncertainty

Pic Credit: Pexel

One of the main reasons MSMEs need relief is the sharp increase in transportation and raw material costs, driven by volatile crude oil prices. Higher freight charges, insurance premiums, and delays in shipments are making it difficult for exporters to remain competitive. At the same time, domestic inflation is raising operating expenses, squeezing already thin profit margins.

The primary objective of government relief measures is to stabilise these businesses and prevent job losses. Support packages aim to reduce cost burdens, ensure easier access to credit, and maintain steady production and exports. Protecting MSMEs is also crucial because they contribute significantly to employment and play a key role in sustaining local economies.

With timely intervention, the government hopes to shield small enterprises from global shocks while ensuring continuity in economic activity during a period of uncertainty.

 

Philip Morris India Certified as a Great Place to Work for the Fifth Consecutive Year

Business Wire India

Philip Morris India Trading Private Limited (Formerly IPM India Wholesale Trading Private Limited) (PM India) has been recognized as a Great Place to Work 26-27 by the Great Places to Work Institute, for the fifth consecutive year. This certification reinforces PM India’s sustained commitment to fostering a progressive workplace culture and providing an outstanding employee experience.

With a ‘People‑First’ strategy, PM India remains committed to supporting the impact, growth, and well‑being of its employees by providing the right environment, resources, and opportunities for career and professional development. At the foundation of PM India’s culture is the ‘PMI DNA’-We Care, We Are Better Together, We Are Game Changers, which shapes how teams collaborate, innovate, and lead.

Under PM India’s Grow Talent Grow Business (GTGB) initiative, employees are encouraged to explore diverse career experiences, take on meaningful challenges, and access continuous learning opportunities aligned with their aspirations. With mobility as the cornerstone of growth, the organization offers cross‑functional and cross‑market opportunities, as well as global and regional exposure. This helps employees gain broad experience and multicultural perspectives, while also providing insight into the company’s long‑term vision, ensuring personal growth is closely aligned with organizational goals.

Navaneel Kar, Managing Director, PM India, said, “Being certified as a Great Place to Work is a proud moment for all of us. This recognition reflects our unwavering commitment to building a culture where our people feel valued, empowered and inspired to do their best work every day. We recognize the importance of creating a shared vision and purpose to fuel innovation and collaboration, enabling sustainable high performance. We aim to create an environment that supports employee wellbeing and helps them achieve both professional and personal fulfillment. At our core, we believe that when our employees thrive, our business thrives. This certification reinforces that we are on the right path, and it motivates us to continue investing in an environment anchored in trust, collaboration and growth.”

Kingshuk Das, Director, People & Culture, PM India, said, “We are delighted to be certified as a Great Place to Work. This certification underscores our ongoing commitment to fostering an inclusive culture, building capabilities, enhancing well‑being, and creating meaningful opportunities for employees to shape and advance their careers. Building talent is fundamental to business success, and we remain dedicated to providing the right tools, resources, and opportunities that empower employees to co‑create their own paths. The strength of our middle‑management layer is pivotal to this agenda. They anchor our culture, drive operational excellence, and ensure that employees receive the guidance and support they need to thrive. In our journey toward a future‑ready workforce, we remain committed to advancing internal upskilling initiatives and balancing them with strategic external hiring to bring in critical capabilities.”

Philp Morris International (PMI) has been ranked among the top 10 companies in the WSJ Management Top 250 Annual Company Ranking. Furthermore, PMI has been recognized by the Top Employers Institute as a Global Top Employer for the tenth consecutive year, one of only 17 organizations worldwide to receive this distinction.

In addition to being certified as a Great Place to Work, PM India has earned the Top Employer certification for five consecutive years.

Subhadra Scheme Drives Financial Inclusion and Economic Gains in Odisha

Odisha’s flagship Subhadra Direct Benefit Transfer (DBT) scheme is emerging as a key driver of women’s empowerment and economic stability in the state. Designed to strengthen financial independence among women, the initiative is showing measurable improvements in household resilience and participation in the local economy.

According to a recent report by State Bank of India Research, beneficiaries of the scheme have recorded a 45% increase in savings and a 28% rise in spending. These trends indicate not only improved financial security but also greater confidence in managing household finances.

The Subhadra scheme, which provides direct financial support to women, is helping expand access to formal banking systems while encouraging regular savings habits. Increased spending among beneficiaries is also contributing to local economic activity, particularly in rural and semi-urban areas.

Experts note that such targeted DBT initiatives play a crucial role in promoting inclusive growth by ensuring that financial resources reach women directly. This, in turn, enhances their decision-making power within households and supports long-term socio-economic development.

The Odisha government has positioned the scheme as part of a broader strategy to improve livelihoods, reduce financial vulnerability, and strengthen grassroots economic participation. Early indicators suggest that the initiative is not only uplifting individual households but also contributing to the state’s overall economic momentum.

Noida International Airport Launch Marks Major Infrastructure Push in Uttar Pradesh

Prime Minister Narendra Modi inaugurated the Noida International Airport at Jewar, marking a significant step in Uttar Pradesh’s infrastructure growth. With this addition, the state now ranks among those with the highest number of international airports in India.

Noida International Airport Launch Marks Major Infrastructure Push in Uttar Pradesh

Pic Credit: https://x.com/PMOIndia

Describing the occasion as important for both the state and the country, he said the airport reflects the broader vision of a developed Uttar Pradesh contributing to a developed India. He also noted his long-standing association with the state, emphasizing that the project strengthens its identity at a national and global level.

The airport is expected to improve connectivity across western Uttar Pradesh, benefiting cities such as Agra, Mathura, Aligarh, Ghaziabad, Meerut, Etawah, Bulandshahr, and Faridabad. It is likely to create new opportunities for farmers, small businesses, and young people in the region, while also supporting trade and travel.

Referring to global challenges, Modi mentioned ongoing tensions in West Asia and their impact on supplies of essential commodities like fuel and fertilizers. He said the government is taking steps to reduce the burden of such disruptions on citizens.

He also highlighted recent development projects in the region, including a semiconductor facility in Noida, expansion of metro services in Meerut, and the progress of the Namo Bharat rail corridor. These initiatives, he said, are strengthening connectivity and supporting economic growth.

The airport project was originally approved in 2003 during the tenure of former Prime Minister Atal Bihari Vajpayee and has now been completed after gaining momentum in recent years. It is expected to emerge as a key aviation hub for North India.

Fenesta strengthens Telangana presence with 1st showroom in Jadcherla, 12th in the state

Jadcherla, Mar 30: Fenesta, India’s Leading windows & doors brand, has strengthened its presence in Telangana with the launch of a new showroom in Jadcherla. Operated by Creative Nest, the showroom is located at Plot No. 25, Housing Board Colony, Mahbubnagar Road, Jadcherla – 509301, further enhancing Fenesta’s accessibility to customers in the region and reinforcing its commitment to delivering world-class fenestration solutions in emerging residential and commercial markets.

Fenesta strengthens Telangana presence with 1st showroom in Jadcherla, 12th in the state

 The newly launched showroom offers customers an immersive experience of Fenesta’s extensive product portfolio, including uPVC and Aluminium Windows and Doors, Solid Panel Doors, and Facades. Designed to cater to evolving architectural preferences and modern lifestyle requirements, the showroom serves as a one-stop destination for homeowners, architects, interior designers, builders and contractors seeking high-performance, durable, and aesthetically refined fenestration solutions.

Speaking on the launch, Mr. Saket Jain, Business Head, Fenesta, said:

“Telangana continues to be an important market for Fenesta, driven by growing urbanization, infrastructure development, and increasing demand for premium building solutions. The launch of our first showroom in Jadcherla, in partnership with Creative Nest, reinforces our commitment to expanding our footprint in the region and bringing our innovative fenestration solutions closer to customers. This showroom will enable customers to experience Fenesta’s wide range of products firsthand and make informed choices for their residential and commercial projects.”

With this launch, Fenesta further strengthens its footprint in South India, bringing its promise of innovation, superior quality, and customer-centric service closer to customers. The Jadcherla showroom reflects Fenesta’s focus on design excellence, advanced engineering, and long-term product performance.

Fenesta today has a strong network of over 400 dealers across India and an expanding international presence in Nepal, Bhutan, Maldives, Sri Lanka, Ghana and Kenya. With a continued focus on innovation, quality, and sustainability, Fenesta remains committed to redefining the fenestration experience across markets. The launch of the new Jadcherla showroom marks another milestone in Fenesta’s journey to transform how India experiences windows and doors.

Takeda’s Zasocitinib Delivered Rapid and Durable Skin Clearance in a Convenient Once-Daily Pill, Affirming Promise to Reshape Psoriasis Care

Business Wire India

  • About 70% of patients treated with zasocitinib achieved clear or almost clear skin (sPGA 0/1) at week 16 in Phase 3 plaque psoriasis studies
  • A significantly greater PASI 75 response rate versus placebo was observed as early as week 4
  • Safety profile consistent with Phase 2b studies with no new safety signals identified

 

Takeda (TSE:4502/NYSE:TAK) today announced new data from the two pivotal Phase 3 studies of zasocitinib (TAK-279), a next-generation, highly selective oral tyrosine kinase 2 (TYK2) inhibitor, in adults with moderate-to-severe plaque psoriasis (PsO).1 Presented as a late-breaking abstract at the 2026 American Academy of Dermatology (AAD) Annual Meeting, these data show that convenient once-daily oral zasocitinib demonstrated rapid and durable skin clearance with a safety profile consistent with Phase 2b studies.1,2

 

“Our goal in psoriasis treatment is clear or almost clear skin, and previously this has been achieved primarily with injectable therapies,” said Melinda Gooderham, MSc, MD, FRCPC, dermatologist, SKiN Centre for Dermatology, Peterborough, Ontario, Canada, principal investigator for the Latitude PsO studies and presenting author. “These efficacy and safety results show it’s possible for a once-daily pill to deliver rapid, lasting skin clearance, highlighting the potential of zasocitinib to become a leading oral treatment option for plaque psoriasis.”

 

 

In the Phase 3 randomized, multicenter, double-blind, placebo- and active comparator-controlled Latitude PsO 3001 and 3002 studies, more than half of patients treated with zasocitinib achieved clear or almost clear skin at week 16, a key measure of treatment success: 1,2

 

 

  • 71.4% and 69.2% of patients treated with zasocitinib achieved a static Physician Global Assessment (sPGA) score of 0/1 versus placebo (10.7% and 12.6%) and apremilast (32.1% and 29.7%) at week 16 (p<0.001).2
  • 61.3% and 51.9% of patients treated with zasocitinib achieved Psoriasis Area and Severity Index (PASI) 90 versus placebo (5.0% and 4.0%) and apremilast (16.8% and 15.9%) at week 16 (p<0.001).2

 

 

Zasocitinib also demonstrated statistically significant improvements in complete skin clearance, an increasingly important treatment goal for patients with plaque psoriasis:1,2

 

  • 39.9% and 33.7% of patients treated with zasocitinib achieved an sPGA score of 0 versus placebo (0.7% and 1.4%) and apremilast (8.0% and 6.5%) at week 16 (p<0.001).2
  • 33.4% and 25.2% of patients treated with zasocitinib achieved a PASI 100 versus placebo (0.7% and 1.1%) and apremilast (2.9% and 4.3%) at week 16 (p<0.001).2
  • Responses for co-primary and key secondary endpoints continued to increase through week 24 in both studies.2

 

In Latitude PsO 3002, rapidity of response was demonstrated as early as week 4 versus placebo (PASI 75: 16.8% for zasocitinib vs 4.3% for placebo, p<0.001).2 Among patients who achieved a PASI 75, PASI 90 or sPGA 0/1 response at week 40 and continued on zasocitinib throughout the study, over 90% maintained their response at week 60​.2

 

Zasocitinib was generally well-tolerated.1,2 The safety and tolerability profile of zasocitinib in the Phase 3 studies remained consistent with prior studies. 1,2 Key findings across the two studies include:

 

 

  • Treatment-emergent adverse events (TEAEs) through week 16 were 62.1% for zasocitinib, 46.9% for placebo and 50.5% for apremilast.2
  • The most common adverse events for zasocitinib treated patients through week 16 (≥5%) were upper respiratory tract infection (10.1%), nasopharyngitis (6.2%) and acne (6.5%), with no new safety signals identified.2
  • Serious TEAEs through week 16 were 3.0% for zasocitinib, <1% for placebo and 1.5% for apremilast.2

 

 

“Our Phase 3 results demonstrate that highly selective TYK2 inhibition can offer many people with moderate-to-severe plaque psoriasis the potential for clear or nearly clear skin,” said Chinwe Ukomadu, MD, PhD, senior vice president and head, Gastrointestinal & Inflammation Therapeutic Area Unit at Takeda. “The positive data also underscore zasocitinib’s potential to deliver rapid and durable results with a favorable safety profile consistent with Phase 2b studies. We are working as quickly as possible with regulators to advance a potential new therapeutic option for patients seeking a safe, effective and convenient oral treatment.”

 

Takeda is on track to submit a New Drug Application with the United States Food and Drug Administration and other regulatory authorities starting in fiscal year 2026.

 

 

Results from the Phase 3 studies have no significant impact on the full-year consolidated forecast for the fiscal year ending March 31, 2026.

 

 

Takeda Investor Conference Call and Webcast Details

 

 

Takeda will host an investor call to discuss the Phase 3 data and market opportunity for zasocitinib on March 28 at 6:30 p.m. MDT / 8:30 p.m. EDT / March 29 at 9:30 a.m. JST. Presentation slides and a virtual meeting registration link will be available here. An on-demand replay of the webcast will be made available on Takeda’s website after the conclusion of the event.

 

 

About Plaque Psoriasis

 

 

Psoriasis is a chronic immune-mediated inflammatory disease in which the body’s immune system causes inflammation which results in skin cells that multiply too quickly.3 Plaque psoriasis, the most common form of psoriasis, is characterized by raised, red, gray or purple patches of skin that are itchy, painful and covered by scales.4-6 Psoriatic plaques can cover any part of the skin surface but are mostly found on the scalp, face, arms and elbows, legs, knees, torso, genitals, nails and in skin folds.3,7 Many people living with psoriasis experience intense itching and burning from their psoriasis plaques that disrupt their daily lives.5,6 Patients also report that their symptoms negatively impact their mental health and quality of life and can lead to social isolation.8 Globally, an estimated 64 million people are living with psoriasis and about 80-90% of those have plaque psoriasis.9,10

 

 

About Zasocitinib (TAK-279)

 

 

Zasocitinib is an investigational, next-generation, highly selective oral TYK2 inhibitor that maintains 24-hour inhibition of IL-23 plus other core disease-driving immune pathways.11,12 It has the potential to be a leading oral treatment option for people living with immune-mediated inflammatory diseases. Zasocitinib has more than 1-million-fold greater selectivity for TYK2 compared to other JAK enzymes, which could maximize TYK2 inhibition without impacting JAK1, 2 and 3 signaling, based on in vitro data.11,13 Takeda is currently evaluating the safety and efficacy of zasocitinib in a head-to-head study against deucravacitinib in plaque psoriasis and in Phase 3 studies in psoriatic arthritis.14-16 In addition, Phase 2 studies are ongoing in Crohn’s disease, ulcerative colitis, vitiligo and hidradenitis suppurativa (HS).17-20 Zasocitinib is an investigational compound that has not been approved for use by any regulatory authority.

 

 

About the LATITUDE Psoriasis Phase 3 Studies

 

 

The Latitude Phase 3 psoriasis studies (NCT06088043 and NCT06108544) are global, multicenter, randomized, double-blind, placebo- and active comparator-controlled studies to evaluate the efficacy, safety and tolerability of zasocitinib in adult patients with moderate-to-severe plaque psoriasis.21,22 The studies were conducted in 21 countries and enrolled 693 and 1,108 participants, respectively. The co-primary endpoints were the proportion of zasocitinib-treated patients achieving sPGA 0/1 and PASI 75 response compared to placebo at week 16.21,22 Ranked (key) secondary endpoints included comparisons versus placebo (week 16) and apremilast (week 16 and week 24).21,22

 

 

About Tyrosine Kinase 2 (TYK2) Inhibitors

 

 

TYK2 is an intracellular enzyme and member of the Janus kinase (JAK) protein family.13,23,24 However, TYK2 is distinct from JAK1, 2 and 3 as it primarily regulates immune responses, whereas JAK1, 2 and 3 regulate broader biological processes. 13,23,24 TYK2 mediates IL-23 plus other immune and inflammatory signaling pathways that are fundamental to psoriasis, psoriatic arthritis and other immune-mediated inflammatory diseases.25Highly selective allosteric inhibition of TYK2, with minimal inhibition of JAK1, 2 and 3, may be a promising therapeutic approach to target immune-mediated inflammation while potentially avoiding risks associated with inhibition of other members of the JAK family. 26

 

 

About Takeda

 

 

Takeda is focused on creating better health for people and a brighter future for the world. We aim to discover and deliver life-transforming treatments in our core therapeutic and business areas, including gastrointestinal and inflammation, rare diseases, plasma-derived therapies, oncology, neuroscience and vaccines. Together with our partners, we aim to improve the patient experience and advance a new frontier of treatment options through our dynamic and diverse pipeline. As a leading values-based, R&D-driven biopharmaceutical company headquartered in Japan, we are guided by our commitment to patients, our people and the planet. Our employees in approximately 80 countries and regions are driven by our purpose and are grounded in the values that have defined us for more than two centuries. For more information, visit www.takeda.com.

 

 

Important Notice

 

 

For the purposes of this notice, “press release” means this document, any oral presentation, any question-and-answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

 

 

The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

 

 

Forward-Looking Statements

 

 

This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could”, “anticipates”, “estimates”, “projects”, “forecasts”, “outlook” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States and with respect to international trade relations; competitive pressures and developments; changes to applicable laws and regulations, including tax, tariff and other trade-related rules; challenges inherent in new product development, including uncertainty of clinical success and decisions of regulatory authorities and the timing thereof; uncertainty of commercial success for new and existing products; manufacturing difficulties or delays; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic; the success of our environmental sustainability efforts, in enabling us to reduce our greenhouse gas emissions or meet our other environmental goals; the extent to which our efforts to increase efficiency, productivity or cost-savings, such as the integration of digital technologies, including artificial intelligence, in our business or other initiatives to restructure our operations will lead to the expected benefits; and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/sec-filings-and-security-reports/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.

 

 

Medical Information

 

 

This press release contains information about products that may not be available in all countries, or may be available under different trademarks, for different indications, in different dosages, or in different strengths. Nothing contained herein should be considered a solicitation, promotion or advertisement for any prescription drugs including the ones under development.

 

 

References:

 

 

  1. The topline results of these studies were disclosed on December 18, 2025 in, “Takeda’s Zasocitinib Landmark Phase 3 Plaque Psoriasis Data Show Promise to Deliver Clear Skin in a Once-Daily Pill, Catalyzing a New Era of Treatment”.
  2. Gooderham M, et al. Once-daily Oral Zasocitinib Demonstrates Rapid and Reproducible Skin Clearance with a Consistent Safety Profile in Moderate-to-Severe Plaque Psoriasis: Results from Two Randomized Phase 3 Trials (LATITUDE-PsO-3001 and 3002). Presented at American Academy of Dermatology 2026. 2026 Mar 28; Denver, CO.
  3. Dhabale A, Nagpure S. Types of psoriasis and their effects on the immune system. Cureus. 2022 Sep 24;14(9):e29536. doi: 10.7759/cureus.29536.
  4. Gkini MA, Nakamura M, Alexis AF, et al. Psoriasis in People With Skin of Color: An Evidence-Based Update. Int J Dermatol. 2025;64(4):667-677. doi:10.1111/ijd.17651
  5. Taliercio VL, Snyder AM, Webber LB, et al. The Disruptiveness of Itchiness from Psoriasis: A Qualitative Study of the Impact of a Single Symptom on Quality of Life. J Clin Aesthet Dermatol. 2021;14(6):42-48.
  6. Snyder AM, Taliercio VL, Webber LB, et al. The Role of Pain in the Lives of Patients with Psoriasis: A Qualitative Study on an Inadequately Addressed Symptom. J Psoriasis Psoriatic Arthritis. 2022;7(1):29-34. doi:10.1177/24755303211066928
  7. Dopytalska K, Sobolewski P, Błaszczak A, Szymańska E, Walecka I. Psoriasis in Special Localizations. Reumatologia. 2018;56(6):392-398. doi:10.5114/reum.2018.80718.
  8. Blackstone B, Patel R, Bewley A. Assessing and Improving Psychological Well-Being in Psoriasis: Considerations for the Clinician. Psoriasis (Auckl). 2022;12:25-33.doi:10.2147/PTT.S328447.
  9. AIQassimi S, AIBrashdi S, Galadari H, Hashim MJ. Global Burden of Psoriasis – Comparison of Regional and Global Epidemiology, 1990 to 2017. Int J Dermatol. 2020;59(5):566-571. doi: 10.llll/ijd.14864.
  10. Mehta S, Sathe NC. Plaque Psoriasis. In: StatPearls. Treasure Island (FL): StatPearls Publishing; September 14, 2025. https://www.ncbi.nlm.nih.gov/books/NBK430879/.
  11. Mehrotra S, Sano Y, Halkowycz P, et al. Pharmacological Characterization of Zasocitinib (TAK-279): An Oral, Highly Selective and Potent Allosteric TYK2 Inhibitor. May 26, 2025. J Invest Dermatol. 2025 May 27:S0022-202X(25)00531-7. doi:10.1016/j.jid.2025.05.014.
  12. Shang L, et al. TYK2 in immune responses and treatment of psoriasis. J Inflamm Res. 2022;15:5373-5385. 2022 Sep 16. doi:10.2147/JIR.S380686
  13. Leit S, Greenwood J, Carriero S, et al. Discovery of a Potent and Selective Tyrosine Kinase 2 Inhibitor: TAK-279. J Medicinal Chemistry.2023;66(15):10473-10496.doi.org/10.1021/acs.jmedchem.3c00600.
  14. A Study Comparing Zasocitinib (TAK-279) With Deucravacitinib in Adults With Plaque Psoriasis. ClinicalTrials.gov Identified: NCT06973291. Updated December 17, 2025. Accessed March 2026.https://clinicaltrials.gov/study/NCT06973291.
  15. Study of Zasocitinib in Adults With Psoriatic Arthritis Who Have Not Taken Biologic Medicines. ClinicalTrials.gov Identifier: NCT06671483. Updated March 9, 2026. Accessed March 2026. https://clinicaltrials.gov/study/NCT06671483.
  16. A Study of Zasocitinib in Adults With Psoriatic Arthritis Who Have or Have Not Been Treated With Biologic Medicines. ClinicalTrials.gov Identifier: NCT06671496. Updated March 9, 2026. Accessed March 2026. https://clinicaltrials.gov/study/NCT06671496.
  17. A Study on the Safety of TAK-279 and Whether it Can Reduce Inflammation in the Bowel of Participants With Moderately to Severely Active Crohn’s Disease. ClinicalTrials.gov Identifier: NCT06233461. Updated February 11, 2026. Accessed March 2026. https://clinicaltrials.gov/study/NCT06233461.
  18. A Study on the Safety of TAK-279 and Whether it Can Reduce Inflammation in the Bowel of Participants With Moderately to Severely Active Ulcerative Colitis. ClinicalTrials.gov Identifier: NCT06254950. Updated March 13, 2026. Accessed March 2026. https://www.clinicaltrials.gov/study/NCT06254950.
  19. A Study of Zasocitinib in Adults With Nonsegmental Vitiligo. ClinicalTrials.gov Identifier: NCT07108283. Updated March 13, 2026. Accessed March 2026. https://clinicaltrials.gov/study/NCT07108283.
  20. A Takeda Presentation. Quarterly Results – Quarter 1 FY2025. Available at: https://assets-dam.takeda.com/image/upload/v1753839858/Global/Investor/Financial-Results/FY2025/Q1/qr2025_q1_p01_en.pdf. Accessed March 2026.
  21. A Study About How Well TAK-279 Works and Its Safety in Participants With Moderate-to-Severe Plaque Psoriasis During 52 Weeks of Treatment. ClinicalTrials.gov Identifier: NCT06088043. Updated October 24, 2025. Accessed March 2026. https://clinicaltrials.gov/study/NCT06088043.
  22. A Study About How Well TAK-279 Works and Its Safety in Participants With Moderate-to-severe Plaque Psoriasis During 60 Weeks of Treatment With a Withdrawal and Retreatment Period. ClinicalTrials.gov Identifier: NCT06108544. Updated November 11, 2025. Accessed March 2026. https://clinicaltrials.gov/study/NCT06108544.
  23. Muromoto R, Oritani K, Matsuda T. Current Understanding of the Role of Tyrosine Kinase 2 Signaling in Immune Responses. World J Biol Chem. 2022;13(1):1–14. doi:10.4331/wjbc.v13.i1.1.
  24. Danese S, Peyrin-Biroulet L. Selective Tyrosine Kinase 2 Inhibition for Treatment of Inflammatory Bowel Disease: New Hope on the Rise. Inflamm Bowel Dis. 2021;27(12):2023-2030. doi: 10.1093/ibd/izab135.
  25. Rusiñol L, Puig L. Tyk2 Targeting in Immune-Mediated Inflammatory Diseases. Int J Mol Sci. 2023;24(4):3391. Published 2023 Feb 8. doi:10.3390/ijms24043391.
  26. Krueger JG, McInnes IB, Blauvelt A. Tyrosine Kinase 2 and Janus Kinase‒Signal Transducer and Activator of Transcription Signaling and Inhibition in Plaque Psoriasis. J Am Acad Dermatol. 2022;86(1):148-157. doi:10.1016/j.jaad.2021.06.869.

 

 

 

FICCI FLO’s 42nd Annual Session Kicks Off in New Delhi, Spotlighting Women-Led Growth and Innovation For Viksit Bharat 2047

New Delhi, Mar 30: The FICCI Ladies Organisation (FLO), the women’s wing of the Federation of Indian Chambers of Commerce & Industry (FICCI), hosts the inaugural day of its landmark 42nd Annual Session on 29 March 2026 at FICCI, Federation House, Tansen Marg, NewDelhi.

FICCI FLO’s 42nd Annual Session Kicks Off in New Delhi, Spotlighting Women-Led Growth and Innovation For Viksit Bharat 2047

 Under the leadership of Poonam Sharma, National President, FICCI FLO, the Annual Session brings together an influential mix of policymakers, industry leaders, and changemakers, with engaging sessions spotlighting the rising force of women in shaping India’s economic future while catalyzing conversations around leadership, innovation, and inclusive growth at a national scale.

The 42nd Annual Session spotlights key themes shaping the future of women-led progress in India, including women entrepreneurship and leadership in emerging sectors; innovation, digital transformation, and AI-led growth; policy frameworks supporting inclusive economic participation; skill development and capacity building for women; and sustainable development and social impact.

The conference aims to foster dialogue, collaboration, and actionable insights to accelerate women’s role in India’s growth story.

Speaking about the event,Poonam Sharma, National President, FICCI FLO, said,

Over the past year, together we have taken meaningful steps, whether in empowering women, building stronger networks, or creating platforms for dialogue and change.

Each initiative, each conversation and each effort has brought us closer to our vision of a more inclusive and empowered society, especially of women. And as we celebrate,we alsolook ahead with ambition, with responsibility, with courage, because the true strength of growth lies not just in what we have achieved, but also in what we aspire to achieve. As a president, I feel our greatest power lies in our unity.

We uplift one another, mentor one another and stand by one another, because when women support women, extraordinary things happen.Solet today be an affirmation of this spirit. Let us continue to lead with purpose and act with empathy, and create an impact that goes far beyond ourselves.”

Established in 1983, FICCI FLO has emerged as one of India’s most influential platforms for women’s empowerment, entrepreneurship, and leadership. As part of FICCI, India’s apex industry body founded in 1927, FLO has consistently worked towards promoting women-led enterprises and startups, facilitating skill development and employability initiatives, building strong national and international networks for women professionals, and driving policy advocacy for gender-inclusive growth.

With thousands of members across multiple chapters in India and abroad, FLO continues to play a pivotal role in shaping a more inclusive and equitable economic landscape.

AAD 2026: Late-Breaking Nemolizumab Data Demonstrate Clinically Meaningful Benefits for Children Aged 2 to 11 With Moderate-to-Severe Atopic Dermatitis

Business Wire India

 

  • Pharmacokinetics, safety and efficacy clinical study data show that nemolizumab achieved clinically meaningful reductions in skin lesions and itch through Week 16, which were sustained up to a year in children aged 2 to 11 with moderate-to-severe atopic dermatitis1
  • These findings reinforce the previously established safety and efficacy of nemolizumab in adults and adolescents with moderate-to-severe atopic dermatitis, for which it is approved by multiple global regulatory authorities2,3
  • Up to 25% of children are affected by atopic dermatitis, and currently there are limited approved treatment options for children living with moderate-to-severe atopic dermatitis4,5

 

Galderma (SIX: GALD) today announced new phase II data showing that nemolizumab was well tolerated and effective in children (aged 2 to 11 years) with moderate-to-severe atopic dermatitis, with a clinically meaningful and sustained reduction in skin lesions and itch for up to a year.1 Results will be presented in a late-breaking session at the 2026 American Academy of Dermatology (AAD) Annual Meeting.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260328320362/en/

 

 

Atopic dermatitis is the most common inflammatory skin disorder in children, yet treatment options in the moderate-to-severe pediatric setting are limited.5 The disease can have a significant impact on quality of life for both the patients and their loved ones, with persistent itch and recurrent skin lesions often disrupting sleep, school and relationships.5-8

 

 

“Atopic dermatitis can affect many aspects of children’s lives including schoolwork, emotional development, and social confidence. This burden also often extends to caregivers who can experience anxiety, stress, and sleep loss. In our study, nemolizumab demonstrated a clinically meaningful benefit in children with moderate-to-severe atopic dermatitis, helping to reduce skin lesions and itch up to one year, and had a similar safety profile as with adults and adolescents.”

 

LAWRENCE EICHENFIELD, M.D.
PROFESSOR OF DERMATOLOGY AND PEDIATRICS AT THE UNIVERSITY OF CALIFORNIA SAN DIEGO SCHOOL OF MEDICINE AND CHIEF OF PEDIATRIC DERMATOLOGY AT RADY CHILDREN’S HOSPITAL SAN DIEGO, UNITED STATES

 

 

Clinically meaningful reductions in skin lesions and itch in children with atopic dermatitis
A phase II study (NCT04921345) was conducted to assess the pharmacokinetics, safety, and efficacy of nemolizumab in children (aged 2 to 11 years) with moderate-to-severe atopic dermatitis.1 Results showed that nemolizumab pediatric doses were associated with similar pharmacokinetic exposure compared to adults and adolescents, and were well tolerated and effective in children, with clinically meaningful reductions in skin lesions and itch through Week 16 and sustained up to Week 52.1 Amongst two of the cohorts evaluated, children aged 7 to 11 and 2 to 6, with nemolizumab doses of 5 mg (for weights ≥10 kg to <20 kg), 10 mg (for ≥20 kg to <30 kg), and 15 mg (for ≥30 kg):

 

 

  • Investigator’s Global Assessment of skin lesion improvement to clear (0) or almost clear (1) skin was observed as early as Week 4, with 41-47% of patients achieving it by Week 161
  • A 75% improvement in the Eczema Area and Severity Index score was observed as early as Week 4, with 69-73% of patients achieving it by Week 161
  • Itch relief – defined as a score of ≥4 on the Peak Pruritus Numerical Rating Scale (PP-NRS) – was observed as early as Week 1, with 72% of children aged 2 to 6 and 59% of children aged 7 to 11 achieving it at Week 161
  • Similar or higher response rates were observed at Week 52 for all these clinical endpoints demonstrating sustained efficacy over a year1

 

 

These phase II findings are consistent with the previously established safety and efficacy of nemolizumab in adults and adolescents with moderate-to-severe atopic dermatitis.2,3

 

“These new data in children below 12 years old build on nemolizumab’s robust and growing clinical evidence base in moderate-to-severe atopic dermatitis. They also demonstrate our commitment to advancing research to address key areas of unmet need in dermatology, such as atopic dermatitis in children, which has such a high prevalence and burden.”

 

CHRISTOPHE PIKETTY, M.D., PH.D.
GLOBAL PROGRAM HEAD, THERAPEUTIC DERMATOLOGY
GALDERMA

 

 

For adult and adolescent patients with moderate-to-severe atopic dermatitis, nemolizumab is the first approved monoclonal antibody that specifically targets IL-31 receptor alpha, inhibiting the signaling of IL-31.2,3,9 IL-31 is a neuroimmune cytokine that drives itch and is involved in inflammation and skin barrier dysfunction in both atopic dermatitis and prurigo nodularis, and in fibrosis in prurigo nodularis.9-11 It is approved by multiple regulatory authorities around the world for the treatment of adults and adolescent patients with moderate-to-severe atopic dermatitis and adults with prurigo nodularis, including in the U.S. and European Union.2,3

 

 

For more information about the impact of atopic dermatitis on children and families, watch this video. Media can find more information and resources on atopic dermatitis in this toolkit.

 

 

About Galderma
Galderma (SIX: GALD) is the pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body’s largest organ – the skin – meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin we are in shapes our lives, we are advancing dermatology for every skin story. For more information: www.galderma.com.

 

 

References

 

 

  1. Eichenfield LF, et al. Pharmacokinetics, safety, and efficacy of nemolizumab in children (aged 2 to 11 years) with moderate-to-severe atopic dermatitis. Late breaking abstract presented at 2026 American Academy of Dermatology (AAD) Annual Meeting; March 27-31, 2026; United States
  2. Nemluvio® U.S. Prescribing Information. Available online. Accessed March 2026
  3. Nemluvio® European Medicines Agency. Summary of Product Characteristics. Available online. Accessed March 2026
  4. Schoch JJ, et al. Atopic dermatitis: Update on skin-directed management: clinical report. Pediatrics. 2025; 155(6):e2025071812. doi:10.1542/peds.2025-071812
  5. Eichenfield LF, et al. Patient-reported impact of atopic dermatitis on pediatric and adolescent patients with moderate-to-severe disease: results of a real-world, cross-sectional survey. Pediatr Dermatology. 2025;42:523-531. doi:10.1111/pde.15940
  6. Vittrup I, et al. The association between atopic dermatitis, cognitive function and school performance in children and young adults. Br J Dermatol. 2023;188(3):341-349. doi: 10.1093/bjd/ljac058
  7. Mostafa N and Smith S D. Improving psychological health outcomes in children with atopic dermatitis. Clin Cosmet Investig Dermatol. 2023;16:2821-2827. doi: 10.2147/CCID.S393254
  8. Kelly K A, et al. Skin disease in children: Effects on quality of life, stigmatization, bullying, and suicide risk in pediatric acne, atopic dermatitis, and psoriasis patients. Children (Basel). 2021;8(11):1057. doi:10.3390/children8111057
  9. Silverberg JI, et al. Phase 2B randomized study of nemolizumab in adults with moderate-to-severe atopic dermatitis and severe pruritus. J Allergy Clin Immunol. 2020;145(1): 173-182. doi: 10.1016/j.jaci.2019.08.013
  10. Bewley A, et al. Prurigo nodularis: A review of IL-31RA blockade and other potential treatments. Dermatol Ther (Heidelb). 2022;12(9):2039–2048. doi: 10.1007/s13555- 022-00782-2
  11. Kwatra SG, Misery L, Clibborn C, Steinhoff M. Molecular and cellular mechanisms of itch and pain in atopic dermatitis and implications for novel therapeutics. Clin Transl Immunology. 2022;11(5):e1390. doi: 10.1002/cti2.1390

 

 

 

Consortium Led by Axelspace Selected for Japan’s Space Strategy Fund Project “Technology to Enhance Capability of Next Generation Earth Observation Satellites”

Business Wire India

Axelspace Corporation, Meisei Electric Co., Ltd., ANA HOLDINGS INC., and JIJ Inc. are pleased to announce that their jointly proposed technology development project has been selected for Japan Aerospace Exploration Agency (JAXA)’s Space Strategy Fund under the theme “Technology to Enhance Capability of Next Generation Earth Observation Satellites.”

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260323044518/en/

 

 

Conceptual Diagram of the project. Under this Space Strategy Fund initiative, spectrometers will be newly developed and demonstrated in orbit. In the future, the project envisions the establishment of a satellite constellation capable of observations at different times of the day.

Conceptual Diagram of the project. Under this Space Strategy Fund initiative, spectrometers will be newly developed and demonstrated in orbit. In the future, the project envisions the establishment of a satellite constellation capable of observations at different times of the day.

 

Project Summary (Planned)

 

Technology Development Theme: Technology to Enhance Capability of Next Generation Earth Observation Satellites
Project Title: Source-Specific CO2 Emission and Uptake Monitoring through Satellite Constellation and Aircraft Observations
Lead Organization: Axelspace Corporation
Partner Organizations:
– Meisei Electric Co., Ltd.
– ANA HOLDINGS INC.
– JIJ Inc.
Funding Opportunity: JAXA Space Strategy Fund
https://fund.jaxa.jp/content/uploads/Overview_of_The_SpaceStrategy_Fund.pdf

 

 

We envision establishing a new satellite constellation in coordination with aircraft and ground-based sensors upon completion of this technology development. This integrated system aims simultaneous, multi-point observations at different times of day — morning, noon, and afternoon — particularly in regions that house major urban areas. Leveraging these data, we will analyze and provide CO2 emission and uptake information by source sector, time, and location.
We believe that such objective and transparent information should provide a basis for an international benchmark for GHG reductions and contribute to the development of globally harmonized evaluation frameworks that incorporate economic incentives for emissions mitigation.

 

 

Technology Development Plan

 

 

A key enabler for achieving time- and source-specific CO2 monitoring through a coordinated satellite constellation, aircraft, and ground-based observations is the miniaturization and cost reduction of spectrometers.
Spectrometers measure gas concentrations by leveraging the property that atmospheric constituents absorb light at specific wavelengths, quantifying concentrations based on the degree of absorption. Under this Space Strategy Fund initiative, we will develop a new compact sensor that can be commonly deployed across satellites, aircraft, and ground-based observations. Unlike conventional high-precision spectrometers designed for government-operated satellites — which are typically large and costly — the new sensor will incorporate advanced domestically developed detector technologies to achieve both compactness and affordability.
Following a series of aircraft-based validation tests, we plan to launch a demonstration satellite equipped with the newly developed compact sensor between FY2030 and FY2032, with the aim of acquiring in-orbit observation data.

 

 

For the full press release, please visit:
https://www.axelspace.com/news/spacestrategyfund_co2/

 

 

 

 

 

Jammu & Kashmir Tourism Showcases Destination Excellence at India International Travel Mart, Kolkata

Jammu & Kashmir Tourism Showcases Destination Excellence at India International Travel Mart, Kolkata

 Kolkata, Mar 30: Jammu and Kashmir Tourism Department marked a significant presence at the India International Travel Mart (IITM), held from 27–29 March 2026 at the Biswa Bangla Convention Centre in Kolkata. The participation highlighted the region’s diverse tourism offerings and reinforced its position as one of India’s most captivating travel destinations.

Representing the department were Rashmi Deepika Razdan, Director – Finance, Tourism Department, and Peer Zahid Ahmad, Deputy Director, Tourism Kashmir. Their presence underscored the department’s commitment to strengthening trade partnerships and expanding outreach in key domestic markets such as West Bengal. Jammu & Kashmir Tourism is the Partner State at this year’s edition of ‘India International Travel Mart’ at Kolkata.

The Jammu & Kashmir pavilion drew considerable attention from travel trade professionals, tour operators, and visitors, offering insights into the region’s unique blend of natural beauty, cultural richness, and experiential tourism. From the serene landscapes of the Kashmir Valley to the spiritual circuits of Jammu and emerging adventure tourism opportunities, the showcase emphasized the region’s versatility for leisure, pilgrimage, and experiential travel.

Speaking on the occasion, officials highlighted Jammu & Kashmir’s renewed focus on sustainable tourism, infrastructure development, and enhanced connectivity. The participation at IITM provided an ideal platform to engage with stakeholders, promote curated travel experiences, and encourage increased tourist inflow from eastern India.

The delegation also held productive B2B interactions with travel agents, tour operators, and hospitality partners, exploring collaborations to design customized itineraries and promote year-round tourism. Special emphasis was placed on promoting lesser-explored destinations, winter tourism, and experiential offerings such as houseboat stays, trekking, and cultural tours.

Visitors to the pavilion were introduced to the region’s evolving tourism narrative—one that combines heritage with modern infrastructure, and tradition with contemporary travel experiences. Informational material, destination presentations, and interactive discussions helped create awareness about the wide spectrum of travel opportunities available in Jammu & Kashmir.

The India International Travel Mart continues to serve as a premier platform connecting tourism stakeholders across India and beyond. Jammu & Kashmir Tourism’s participation not only strengthened its visibility in the eastern market but also reaffirmed its commitment to positioning the region as a safe, accessible, and must-visit destination.

As the event concluded, the delegation expressed optimism about forging new partnerships and attracting increased tourist interest in the coming seasons, further contributing to the growth of tourism in the Union Territory.