Financial Daily from THE HINDU group of publications
Wednesday, Nov 23, 2005


Group Sites

Industry & Economy - Medical Institutions & Hospitals

Stem cell research centre to come up at CMC, Vellore

Our Bureau

Chennai , Nov 22

THE President, Mr A.P.J. Abdul Kalam, will lay the foundation stone for stem cells research centre at Christian Medical College (CMC), Vellore and also deliver the Dr Ida S Scudder Founder's Day oration on December 1.

The Rs 18-crore research centre will be built in collaboration with the Department of Biotechnology, Ministry of Science and Technology, Government of India. "CMC has been selected to undertake research recognising the potential of stem cells in combating diseases," Dr George Chandy, Director, CMC told a press conference here today.

The centre will focus on the use of bone marrow and cord blood derived from adult stem cells for treatment of ailments, Dr Chandy said.

Answering a question, Dr Chandy said that the hospital's turnover last year was Rs 180 crore, and the not-for-profit hospital generated a surplus of Rs 52 crore. The surplus was utilised in providing free or subsidised treatment in various parts of the country under the hospital's outreach programme.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

More Stories on : Medical Institutions & Hospitals

Stories in this Section
Cool seawaters spare Tamil Nadu the blushes

`Cement cos margins under pressure'
`Tax treaty talks: India to follow UN model'
ILO moots work place norms for IT, BPO sectors
`HIV prevalence rising in India'
Workshop on voice disorders in Thiruvananthapuram
Pampa Action Plan going off course
Greater Visakha comes into existence
`World oil prices likely to settle at $64 up to 2010'
Crude output dips in Oct, natural gas production rises
Oil cos may release new LPG connections from December
LPG cavern trial run at Visakhapatnam by next year-end
`Dabhol project hinges on Central, State support'
SERC issues draft efficiency norms
AP: CM's assurance to military personnel on VAT issue
2 check posts abolished in Dakshina Kannada
Central fund for AP drinking water scheme
Crowding broadcast space to lower margins
BBC seeks nod to pick up 20 pc in Radio Mid-Day
VSP, Gitam Engg College to sign MoU
`Zero factor important to be world beater'
Magma pact with Anna varsity
Global MBA programme
Free engg entrance diagnostic test
Processed foods: `Adherence to safety norms vital'
Stem cell research centre to come up at CMC, Vellore
Private hosiery park planned in Tirupur
New duty drawback rate irks TEA
Date extended for IFFK passes
Japanese cos plan to invest $1.5 b in next three years
`Japanese FDI in manufacturing to boost bilateral trade'
Nabard sanctions Rs 359.62 crore to AP
Global, domestic players to take part in ACMEE
FAPCCI seminar on tech transfer at Vizag
Entrepreneurship programme at Hyderabad
SCCL contributes Rs 1 cr to AP CM's Relief Fund

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line