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Tuesday, Jul 09, 2002

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Anna varsity inks pact with FAP

Our Bureau

CHENNAI: Anna University has signed a MoU with the Foundation for the Advancement of Pharmaceuticals, Mumbai, to carry out complementary research in new drug discoveries and development of therapeutics.

According to an Anna University press release, the MoU envisages jointly developing approved medicines from molecules that are different phases of drug development process. The Klenzaids group of companies funds the Mumbai-based Foundation and the MoU is part of the university's interaction with the industry.

The main function of the interaction will be to convert the facility already available at the Centre for Biotechnology (CBT) at the university to support good manufacturing practice standards.

The agreement hopes to convert this facility to an international standard pre-clinical facility for identifying new molecules by bioactivity-based target assays.

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