New Delhi, May 8 -- The National Institute of Pharmaceutical Education and Research (NIPER), Raebareli, on Friday signed a Memorandum of Understanding (MoU), Confidential Disclosure Agreement (CDA), and Technology Transfer Agreement with Lofty Laboratories, Hyderabad, to strengthen collaboration in pharmaceutical research, innovation and technology commercialisation.

According to the Ministry of Chemicals and Fertilisers, the agreement aims to foster multidirectional collaboration between academia and industry in pharmaceutical and biotechnology research.

As part of the collaboration, both organisations agreed to adopt an industry-ready technology developed at NIPER-Raebareli for further development and commercialisation. The partnershi...