Avasthagen and ICMR sign MoU to promote biomedical research
Bangalore, Aug 12 (UNI) Avasthagen Limited, India's leading knowledge based Life Sciences Company today signed Memorandum of Understating (MoU) with the Indian Council of Medical Research, (ICMR) New Delhi to promote biomedical research in India.
The MoU was aimed at formulation, coordination and promotion of biomedical research.
Avasthagen and ICMR would explore possibilities to innovate nutraceutical development from traditional and folk medicine by knowledge sharing. The MoU also aims to strengthen research in the area of Bionutrition and would open new avenues for research on traditional Indian medicinal plants, according to a release from Avasthagen.
Both the organizations will also undertake research in the area of genetic engineering and engineering metabolic pathways of medicinal plants for increasing concentration of the active ingredients using physiochemical and molecular approaches, develop oilseeds and pulses with improved nutrition effect, tolerance to drought and salinity and improved nutrient utilization efficiency.
The bionutra programme at Avesthagen will get an enhanced impetus by associating with a body such as ICMR which is one of the oldest medical research bodies in the world and brings with it enormous experience in almost every aspect of Indian traditional medicine.
Dr
S
K
Bhattacharya,
Additional
Director
General
and
Officiating
DG
of
ICMR,
said
that
"the
MoU
is
indeed
the
first
of
its
kind
in
the
research
area
of
traditional
Indian
medicinal
plants.
We
welcome
this
initiative
and
look
forward
to
working
closely
with
the
scientists
at
Avesthagen."
Dr
Villoo
Morawala
Patell,
Founder,
Chairman&Managing
Director
of
Avesthagen
Limited
said
that
"
we
have
been
investing
and
developing
various
tools
and
methodologies
for
the
identification
and
validation
of
plant
bio-actives.
These
efforts
would
be
made
use
for
both
therapy
and
preventive
healthcare.
Avesthagen's
important
and
unique
association
with
ICMR
will
hasten
this
process
and
also
provide
an
independent
view
of
our
results."
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