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:6/27/2017)... ... June 27, 2017 , ... Salucro, ... of the health care industry’s hospitals and provider groups, has announced that it ... select customers. Parasail Health is a San Francisco health-finance startup that has launched ...
(Date:6/27/2017)... ... June 27, 2017 , ... A January 18th ... to reach a staggering $6.81 billion by the year 2024 according to a new ... faster rate than those made from titanium. Los Angeles area clinic Beverly Hills Periodontics ...
(Date:6/27/2017)... ... June 27, 2017 , ... ... expansion of Atmosera Managed Azure Services . The trusted, transparent, and secure ... of the company’s growing customer base. Atmosera’s next generation services include integrated capabilities ...
(Date:6/27/2017)... ... ... Today, June 27th is PTSD Awareness Day. Over half a million U.S. ... care due to lack of effective treatments, fear of stigma or insufficient government resources. ... veterans are at an increased risk for self-destructive behavior, including alcohol/drug abuse, depression, anxiety ...
(Date:6/26/2017)... ... June 26, 2017 , ... Torrance dentist, Dr. Robert ... be one of the most noticeable aspects of a person’s appearance. A healthy, radiant ... is born with beautiful, balanced teeth, everyone can have the smile of their dreams ...
Breaking Medicine News(10 mins):
(Date:5/29/2017)... Israel, May 29, 2017  Cellect Biotechnology Ltd. (NASDAQ: ... technology which enables the functional selection of stem cells, ... for the first quarter ended March 31 st , ... our accomplishments in the first quarter of 2017," said ... quarter, we announced the treatment of the first blood ...
(Date:5/24/2017)... , May 24, 2017  ivWatch LLC ... Equipment Manufacturer (OEM) Board to enable seamless integration ... patient monitoring systems, infusion pumps and other devices. ... will be able to help health care customers ... reduced risks related to IV therapy. ...
(Date:5/22/2017)... 22, 2017  As the specialty pharmacy industry ... to make the revolutionary shift from volume-based to ... ensuring positive patient outcomes and shaping the future ... focus away from clinical trials and toward data ... specialty drug therapy utilization in precise patient populations. ...
Breaking Medicine Technology: