UIPS, PU Faculty bags a major BIRAC research project
Chandigarh:
Under the scheme of Small Business Innovation Research Initiative (SBIRI) implemented through Biotechnology Industry Research Assistance Council (BIRAC) a project worth Rs 113.07 lakh has been sanctioned to Dr Indu Pal Kaur, Professor of
Pharmaceutics, University Institute of Pharmaceutical Sciences (UIPS), Panjab University and Mr Jaspreet Singh Gulati, Director, Hitech Formulations Pvt Ltd, Chandigarh by the Department of Biotechnology (DBT), Government of India. The project has been funded with an aim to promote collaborative research on topical delivery of antifungal. The fund will further support the formulation of advanced products like cream, gel, lotion, and shampoos as per patented technology at industrial level.
UIPS already has a licence agreement on this patented technology which is ready to go for scale-up at Hitech Formulations. This patented technology improves the stability of antifungal agents, possesses longer residence in skin, casues no or negligible local side effects and reduces risk of fungal resistance. Owing to these merits, the technology is proposed to have advantages over other marketed topical antifungal products.
The collaboration between Professor Indu Pal Kaur, UIPS with several Pharmaceutical Industries including Hitech Formulations Pvt. Ltd., is perceived to translate the research carried out in the lab to a marketable product for the benefit
of the society.
Watch This Video Till End….
Leave a Reply
Want to join the discussion?Feel free to contribute!