Ashok Soota to invest ₹200 crore in research on ageing, neuro health
The Hindu
Launches not-for-profit entity, SKAN; ropes in IISc, NIMHANS, IIT-Roorkee, St. John’s Hospital
Tech industry veteran Ashok Soota on Sunday announced the creation of SKAN, a not-for-profit entity exclusively for medical research around ageing and neurological disorders and also made a financial commitment of ₹200 crore to fund the venture. SKAN will conduct its research activities in-house also through partners. The Centre for Brain Research (CBR) at Indian Institute Science, Bangalore (IISc), will be its strategic partner for neurological research. CBR is currently putting together a consortium to handle the first project on Parkinson’s disease, as per a statement. Of the ₹200 crore, a total of ₹100 crore has been earmarked for partners such as St. John’s, Centre for Brain Research (CBR), IIT-Roorkee, NIMHANS, and new partners who are joining in the future while the remaining ₹100 crore would be spent on SKAN's in-house projects.More Related News