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Over 40 techs in pharma up for grabs for Gujarat companies

NRDC has over 80 technologies in pharmaceuticals and drugs, for which it is seeking partners, through Transfer of Technology for commercialisation

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Over 40 technologies developed by the National Research Development Corporation (NRDC) in drugs and pharmaceuticals have huge potential to be commercialised by Gujarat-based companies, a senior NRDC official said on Tuesday. With a share of about 20%, Gujarat is one of the largest recipients of technologies developed by NRDC.

NRDC has over 80 technologies in pharmaceuticals and drugs, for which it is seeking partners, through Transfer of Technology (ToT) for commercialisation. "Of these, over 40 licenses have high potential to be used by Gujarat based companies," said Amitabh Mishra, senior manager of biotechnology in NRDC, while interacting with media persons on the sidelines of a seminar on NRDC Industry Meet on Technology Transfer Opportunities in Pharma, Biotech and Health in Ahmedabad on Tuesday.

"Non-invasive diagnostic technologies targeted and new-borns, solutions for control of diseases like Hepatitis-B, as well as herbal medicines need to be adapted by private companies," said Mishra.

Jaimin Vasa, president of Gujarat Chamber of Commerce and Industry (GCCI), said that small businesses do not have the financial or human resource to conduct research, during the seminar. "SMEs need hand-holding during commercialisation of technologies and to minimise risks. We need more interactions of industries with research institutions," said Vasa.

Arvind Kukreti, Deputy Drug Controller of Central Drug Standard Control Organization (CDSCO) called for better coordination between regulators, Research and Development (R&D) institutions and industry to ensure that the interests of the consumers are met. Anil Jain, MD of Ascent Finechem Private Ltd said that R&D is also needed to bring down the cost and improve affordability. Experts feel that there is a strong need to develop technologies to cater to the future needs of the society. With Gujarat being a hub of pharmaceuticals and chemicals, it has an important role to play, said Mishra.

With Maharashtra and Gujarat being one of the most industrialised states, they are also the largest recipients of technologies developed by NRDC. While Gujarat companies are seeking licenses in drugs and pharmaceuticals, Maharashtra-based companies are also major recipients of technologies in agriculture and food sector.

TECH UPDATE

  • NRDC has over 80 technologies in pharmaceuticals and drugs, for which it is seeking partners, through Transfer of Technology for commercialisation. 
     
  • Of these, over 40 licenses have high potential to be used by Gujarat based companies
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