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Wednesday, Nov 10, 2004
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 Industry & Economy - Research & Development


NRDC pact with American Bio

Our Bureau

NEW DELHI: The National Research Development Corporation (NRDC) has signed a licence agreement with American Bioscience to develop a calcium phosphate nanotechnology for non-viral gene delivery.

Due to the recognised adverse effects of viral vectors and low transfection efficiency, gene therapy as a strategy has not yet made it to clinical practice. The technology has been licensed for a total aggregate of payment of $3,45,000, in addition to a 40 per cent royalty.

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