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Biocon Limited has announced entering into a MoU with Deakin University, Australia

Joint Venture
Biocon Limited has announced entering into a memorandum of understanding (MoU) with Deakin University, Australia. The MoU specifically includes: the establishment of the Deakin Research Institute in Bangalore; joint development of a mammalian cell bioprocessing facility in Australia; Deakin will undertake research in the areas of metabolic diseases on behalf of Biocon. Given the industrys need for high levels of innovation and increased productivity, Biocon frequently supplements its R&D efforts by working with academic institutions and biotechnology companies across the world.

The signing of this MOU will formally initiate collaboration in research and education between Biocon and Deakin University. This partnership will provide valuable access to a world of medical knowledge and scientific training, together with opportunities for exchange of scientists to facilitate projects in areas of mutual interest, said Kiran Mazumdar-Shaw, CMD, Biocon Limited. At present, Biocon with its two subsidiary companies, Syngene International Ltd and Clinigene International Ltd, forms a fully integrated biotechnology enterprise, specialising in biopharmaceuticafs, custom research, clinical research and enzymes.

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