Technology Development Board (TDB) signs MoU with M/s Peptris Technologies Pvt. Ltd. and FNDR, Bengaluru

Technology Development Board (TDB) has signed an MoU with M/s Peptris Technologies Private Limited and FNDR, Bengaluru.

Recently, Technology Development Board (TDB) has signed an MoU with M/s Peptris Technologies Private Limited and Foundation for Neglected Disease Research (FNDR), Bengaluru.

Main points

  • Under this agreement, the Board has approved a grant of Rs 75 lakh for the project “ANAGRANINF – Development of a new class of antibiotics for Gram-negative bacterial infections”, while the total project cost is Rs 1.5 crore.
  • The project is a joint effort between companies from India and Spain, with ABAC Therapeutics SL acting as the Spanish project lead.
  • It aims to promote market-driven research and technology development by promoting partnerships and trade-based collaborative projects between the two countries, thereby leading to innovation in the healthcare sector.
  • The primary objective of this project is to develop a novel lead compound specifically containing an antibiotic.
  • The goal of this project is to identify a competitor that ensures a new chemical structure while meeting the World Health Organization (WHO) innovation criteria and avoids any conflict with existing commercial classes and to develop a new target and ensure a new mechanism of action.

Technology Development Board (TDB)

  • Formation – March 2000
  • The board consists of 11 board members.
  • The Technology Development Board is a statutory body established by the Government of India under the Technology Development Board Act, 1995.
  • It promotes technology development and commercialization and adaptation of imported technology for wider application.

FAQs

Who has recently signed MoU with M/s Peptris Technologies Private Limited and Foundation for Neglected Disease Research (FNDR), Bengaluru?

Technology Development Board (TDB) sign MoU with M/s Peptris Technologies Private Limited and Foundation for Neglected Disease Research (FNDR), Bengaluru.

How many members are there in the Technology Development Board?

11 members

Which country’s company will work with India in a new class development project of antibiotics?

Spain will work with India in a new class development project of antibiotics.

When was the Technology Development Board (TDB) formed?

March 2000

Click here to read this article in Hindi.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *