Alkem Foundation, the CSR arm of Alkem Laboratories Ltd., and Indian Institute of Technology Bombay (IIT Bombay) have announced a strategic collaboration to establish a research centre for immunotherapeutics and regenerative medicines.
The centre, named "Alkem Centre for Advanced Research and Development of Applied Immuno-Therapeutics and Regenerative Medicines", will be located in the IIT Bombay campus and will focus on cutting-edge research and innovation in complex disease areas with significant unmet medical needs.
Alkem Foundation will fund the establishment of the centre, contributing 20-25% of its cumulative CSR obligations over seven years.
This is a pioneering step in fostering cutting-edge research and innovation in complex disease areas.
Author's summary: Alkem Foundation and IIT Bombay collaborate on research centre.