Prof. Raghuram Rao Akkinnepally, Director NIPER has signed Memorandum of Understanding (MoU) on behalf of NIPER with Ayurvet Ltd., Ghaziabad represented by their Managing Director Mr. Mohan Ji Saxena NIPER-SAS Nagar is the first national level institute in the pharmaceutical sciences and a centre of excellence for advanced studies and research in pharmaceutical sciences. In continuation of its endeavours, NIPER-SAS is entering into research collaboration through the MoU with Ayurvet Ltd. Ayurvet Ltd. is a leading animal care company specializing in 100% natural and safe herbal products. The company’s portfolio includes herbal healthcare and nutritional products catering to wide range of domesticated and milch animals and has a capability to provide proprietary technologies and products in animal healthcare.
Key areas of collaboration include pilot scale cultivation of select medicinal plant species at NIPER, cultivation of medicinal plants for commercial supply and training for skill development of Punjab farmers on cultivation of medicinal plants.
The Department of Natural Products at NIPER-SAS Nagar is actively involved in research and development in herbal drugs and formulations with respect to their standardization and therapeutic lead molecule development in inflammatory disorders and infectious diseases such as leishmania and tuberculosis. Prof. Rao has highlighted that this MoU will lead to further development in sourcing of raw crude drug/herbal drug materials for research and development in the field.
Prof. Sucha Singh Gill, a renowned economist and former Director General of Centre for Research in Rural and Industrial Development (CRRID), Chandigarh was also present. Prof. Gill in his remarks mentioned that this endeavour will contribute to elevation of farmers’ economic standards who are facing agrarian crisis due to conventional cultivation of food crops.