Memorandum of Understanding(MoU) was signed betweenSRM Institute of Science & Technology, KattankulathurandKP Manish Global Ingredients Private Limited, Chennai recently. The purpose of this MoU is todevelop Herbal Extracts and Herbal/Ayurvedic formulations and to perform pre-clinical and clinical studies. The MoU aims to carry out research and development activities in the field of Medicinal Plants along with carrying out basic research in Pharmaceutical Chemistry/API. Developing innovative ingredients in the field of nutraceuticals and pharmaceuticals is another objective.
The following activities will be carried out between KPM and the Interdisciplinary Institute of Indian System of Medicine (IIISM), Directorate of Research and College of Agricultural Science of SRMIST - Herbal Extract & Formulations, Agriculture – Medicinal Plants, Pharmaceutical API, Joint Research Projects, Joint Research Publication, Exchange of Knowledge and Sharing of Facilities.
The parties agree to share their respective important R&D facilities in order to promote academic and research interaction according to the rules and regulations of each party. SRMIST will upgrade the faculties where and when required for the project.
SRMIST is carrying out academic activities such as teaching and training students at the under graduate and post graduate levels as well as carrying out research leading to M.Tech. and Ph.D. degrees, besides undertaking industrial consultancy and sponsored research and has highly qualified teaching faculty and well equipped infrastructure such as land, building, computer, canteen, library, laboratories, workshops, etc. KP Manish is into Pharma, Nutra and cosmetics ingredients distribution. KawmanPharma is into manufacturing of Pharmaceutical API and SattvaVaid Nature’s is into development of herbal extracts and formulations.
Present for the MoU signing were KP Manish Global Ingredients Private Limited’s Mr. Jeevan Ganesh, Dr. K. K. Vijayakumar, Mr. ShrenickModi, Mr.Vishal Jain, Mr. Deepak Jain, Dr. V. K. Gupta and Chairman of K. P. Manish Global Ingredents Mr. Parasmal Jain. From SRMIST were Vice Chancellori/c Dr. C. Muthamizhchelvan, Registrar i/cDr. S. Ponnusamy, Director (Research) Prof K. Ramasamy, Dean (Research) Prof. B. Neppolian and Coordinator -IIISMDr. R. C. Satish Kumar.