Press Note

Industries & Commerce Department
Dt. 5-1-2004

INSTITUTE OF LIFE SCIENCES TO BE SET UP ON HYDERABAD UNIVERSITY CAMPUS

A Memorandum of Understanding was signed this morning for setting up a world-class Centre of excellence in Life Sciences Research, to be known as ‘Institute of Life Sciences.’ The Memorandum of Understanding was signed by Dr.Y.Narsimulu, Registrar of Hyderabad University and Mr.G.V.Prasad, Director of Institute of Life Sciences. Dr.Kota Harinarayana, Vice Chancellor of University of Hyderabad, Mr. B.P.Acharya, Secretary, Industries & Commerce, Dr. A.Venkateswarlu, Member of the State Biotech Advisory Board, Mr. G.Subramanyam, Project Director of Life Sciences Institute, members of the Faculty of Hyderabad University and others were present on the occasion.

Dr. Kota Harinarayana expressed the hope that this Institute would provide the ideal platform for industry-academia partnership. He also mentioned about the proposal to set up a Science Incubator and Science Park in the adjoining area for research in new frontiers of Sciences, such as, Nanotechnology, Bio-Medical Engineering etc. Mr. G.V.Prasad opined that major Pharma and Biotech Companies would get actively involved in this initiative, which seeks to emulate world-class model such as, Johns Hopkins Institute and Scripps Institute in the USA. Mr. B.P.Acharya, Secretary, Industries & Commerce assured the required support from the Government for this important initiative, which will put Hyderabad, on the world map of Life Sciences Research.

D.NALINI MOHAN
DIRECTOR OF BIOTECHNOLOGY
& ADDITIONAL SECRETARY TO GOVT.
INDUSTRIES & COMMERCE DEPT.
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