Dr. H. Purusotham, Chairman and Managing Director, National Research Development Corporation (NRDC), an Enterprise of the Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India, New Delhi informed that NRDC signed five technology licensing agreements in one day, which is the highest record ever since NRDC came into existence 6 decades ago. He said that the vision of NRDC is to sign at least one technology licensing agreement a day is close to realization and thereby assist the Start-Up India and Standup India Missions of Govt. of India in a big way.
The Technologies licensed are: a process for Isolation of a major harmful oxidant i.e. parabenzosemiquinone from Cigarette Smoke. The technology was developed by Kolkata University. The R&D was funded by CSIR. The technology is licensed to M/s Lambda Pvt. Ltd., Delhi.
Ayur Force Organics Pvt. Ltd., New Delhi acquired three Ayurvedic technologies from NRDC, which were developed by M/s CCRAS (AYUSH-82 – Ayurvedic Antidiabetic Drug and AYUSH-SG for treatment of Rheumatioid Arthritis) and CSIR-NEIST (Anti- Arthritis Herbal Formulation). M/s Swadesi Ayurved, Haridwar acquired the AYUSH-82 technology. The licensing agreements were signed between NRDC and the three companies on 28th October, 2016.
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National Research Development Corporation (NRDC) is an Enterprise of Dept. of Scientific & Industrial Research, Ministry of Science & Technology, Government of India is dedicated towards its primary objective to promote, develop and commercialise the technologies / know-how / inventions / patents / processes emanating from various national R&D institutions / Universities/ Institutes/Organisations etc.
With these objectives National Research Development Corporation (NRDC), an Enterprise of Department of Scientific & Industrial Research, Ministry of Science & Technology, Govt. of India, New Delhi signed five technology licensing agreements in one day, which is the highest record ever since NRDC came into existence 6 decades ago. The vision of NRDC is to sign at least one technology licensing agreement a day is close to realization and thereby assist the Startup India and Standup India Missions of Govt. of India in a big way.