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:4/26/2017)... ... April 26, 2017 , ... Bioclinica® ... sponsors and CROs to speed clinical development, has released the industry’s only ... Bioclinica AGILE RTSM provides seamless clinical supply forecasting and management together ...
(Date:4/25/2017)... KY (PRWEB) , ... April 25, 2017 , ... ... announce they have signed an agreement to be the preferred physical therapy provider ... injuries and returning them to Derby City CrossFit as quickly and effectively as ...
(Date:4/25/2017)... ... April 25, 2017 , ... A recent report from the ... for the 2015-16 school year across Wisconsin’s public schools, charter schools, and private ... patterns in student test score performance, the report’s limited analyses fail to provide ...
(Date:4/25/2017)... ... 2017 , ... As pharmaceutical companies are held to increasingly ... innovation in drug formulation and manufacturing. CoreRx offers its clients more than ... support of their development and manufacturing goals. , The company was created ...
(Date:4/25/2017)... Scotch Plains, NJ (PRWEB) , ... April 25, 2017 , ... Saad B. Chaudhary, MD ... with the treatment of acute or chronic problems, I focus on preventative care with all ... patient. If you have any questions, always feel free to contact my office and my ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... 20, 2017 Research and Markets has ... Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, ... their offering. ... pharmacogenomics market was valued at US$ 7,167.6 Mn in 2015, ... expanding at a CAGR of 5.6% from 2016 to 2024. ...
(Date:4/19/2017)... , April 19, 2017 /PRNewswire/ - CRH Medical Corporation (TSX: CRH) (NYSE ... Bloom Burton & Co. Healthcare Investor Conference 2017 at the Sheraton ... Edward Wright , Chief Executive Officer of the Company is scheduled ... CFO, Richard Bear and the Chairman of the Board, ... ...
(Date:4/19/2017)... -- Global Surgical Drainage Device Market: Overview ... excess liquid and air. The fluid to be drained ... Surgical drains are used in a wide variety of ... surgery, neurosurgery, plastic surgery etc. Common use of surgical ... fluid e.g. blood or pus. Surgical drains are available ...
Breaking Medicine Technology: