Navigation Links
Dabur Research to set up Drug Discovery Center in Oman

The Dabur Research Foundation (DRF), part of healthcare and food products major Dabur Group, is keen to set up a drug discovery center in Oman to capitalise on its plans to set// up a marine biotechnology center.

"We are keen to set up a drug discovery center in Oman and using their marine resources for developing nutraceuticals. Given that Oman has already committed to set up a marine biotechnology center we are keen to set up research activities there in an area that holds good potential," Rama Mukherjee, the DRF president for research and development, told IANS.

The company is in the process of formulating a firm proposal for submission to the Oman government for consideration and joining hands.

In over two decades of its operations in India, the DRF has been focusing on a range of diverse areas including ayurveda, testing and developing drugs, researching new cancer remedies and developing healthy and natural foods among others.

Working on developing and improving safety profile of nanoparticle delivery systems for anticancer drugs in India, the DRF is hopeful of being able to commercially market the cancer drug in two years.

Looking at the Middle East to do research and development for commercially viable projects, the DRF sees Oman's plans to develop marine resources as an opportunity to combine forces to tap the potential for developing new products that can be marketed globally.

"From our side we are ready to set up the venture with a likely initial investment of $10 million. But in five to seven years it would take to start getting results, we see the investment rising to over $100 million," said Mukherjee.

She revealed the proposal has already been discussed with Bassam Soussi of College of Agricultural and Marine Sciences in the Sultan Qaboos University of Oman, who is steering the Marine Biotechnology Center project that is expected to benefit the entire Gulf region.

The new center is expected to have special ships with laboratories on board for study of marine species.

If taken seriously, Mukherjee feels, marine resources could offer a lot of nutraceuticals or food supplements and nutrients that can help cure a number of ailments like cancer.

The global nutraceutical market currently has several major players like Wockhardt, Lupin, Morepen Laboratories, Dabur and Himalaya competing in a market pegged at around $74 billion.

"We are looking for investments in Oman partly as we want early discovery done there. We also want to do the process and manufacturing there for marketing the product across the world. We also want to develop a marine depository in Oman," said Mukherjee.

The project envisages research and development of both nutraceuticals and therapeutic drugs. All these activities are expected to generate a market for trained manpower within Oman and also open up avenues for entrepreneurs.

Mukherjee sees potential to develop anti-cancer, anti-aging, anti-obesity and other such drugs that could help improve the quality of life.

Within the country also DRF is networking with over a score of universities and institutions to develop products and drugs that could provide cures or improve health of human beings.

Source-IANS
'"/>




Related medicine news :

1. Kidney Stones - Interesting New Research implicates bacteria as its cause
2. Researchers urge caution in using ear tube surgery
3. Paracetamol May Cause Live Damage Warns Consumer Education and Research Centre
4. Researchers Scale to assess the Severity of Epilepsy in Kids
5. Research of Ritalin
6. Researchers trick Alzheimers Enzyme
7. Researchers find new HIV hiding place
8. A Compilation of recent Diabetes Research articles
9. Research on causes for falling helps develop preventive strategies
10. New standards for Human Research Safety
11. Research on Celiac Disease in children
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:6/24/2016)... ... 2016 , ... Those who have experienced traumatic events may suffer from a ... such as drug or alcohol abuse, as a coping mechanism. To avoid this pain ... following a traumatic event. , Trauma sufferers tend to feel a range of emotions, ...
(Date:6/24/2016)... ... June 24, 2016 , ... ... Sessions in Dallas that it will receive two significant new grants to support ... as PHA marked its 25th anniversary by recognizing patients, medical professionals and scientists ...
(Date:6/24/2016)... ... ... Comfort Keepers® of San Diego, CA is excited to announce they are ... drive cancer patients to and from their cancer treatments. Comfort Keepers provides quality ... and ongoing independence. Getting to and from medical treatments is one of the ...
(Date:6/24/2016)... ... June 24, 2016 , ... EB Medicine presented ... in Emergency Medicine conference in Ponte Vedra Beach, FL. The awards honor the ... Emergency Medicine Practice and Pediatric Emergency Medicine Practice. , “With this award, ...
(Date:6/24/2016)... , ... June 24, 2016 , ... ... actively feeding the Frederick area economy by obtaining investment capital for emerging technology ... past 2½ years that have already resulted in more than a million dollars ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... DUBLIN , June 24, 2016 ... addition of the "Structural Electronics 2015-2025: Applications, ... In-Mold Electronics, Smart ... Integrated Photovoltaics Structural electronics involves ... as load-bearing, protective structures, replacing dumb structures such ...
(Date:6/24/2016)... SAN CLEMENTE, Calif. , June 24, 2016 /PRNewswire/ ... pulmonary function testing company, is now able to perform sophisticated lung ... ndd Medical Technologies , Inc. Patients are ... labs.  Thanks to ndd,s EasyOne PRO ® , ARL patients like ... any needed testing done in the comfort of her own home. ...
(Date:6/24/2016)... Mass. , June 24, 2016   Pulmatrix, ... pharmaceutical company developing innovative inhaled drugs, announced today that ... Russell Investments reconstituted its comprehensive set of ... "This is an important milestone for Pulmatrix," ... will increase shareholder awareness of our progress in developing ...
Breaking Medicine Technology: