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R&D And Outsourcing
Biocon, Bristol-Myers open joint R&D centre Biotechnology company Biocon and US drug major Bristol-Myers Squibb Company have opened their joint R&D facility at Biocon’s SEZ in Bangalore. The two plan to start educational partnerships with universities to build research talent in India.Starting with the current 270 scientists, the new facility will add 90 more by the end of 2009 and may totally have 450 employees later, a release from Biocon said. The outfit marks the first R&D presence in Asia for BMS. It has tied up with Biocon’s custom research arm, Syngene International, to set up a 2 lakh sq ft integrated R&D facility dedicated to Bristol-Myers Squibb (BMS) at Biocon Park. Since 2007, BMS has established fellowships supporting doctoral and post-graduate students at four academic institutions in biology, chemistry, pharmaceuticals, drug metabolism, chemical engineering, clinical pharmacology and translational medicine. BMS and Biocon are also exploring public-private educational partnerships with local Dr M K Bhan, Secretary Dept of Biotechnology inaugu-rating the BMS Biocon Research Center universities. Work on the BMS research facility was taken up two years ago to do drug discovery related research for the US company. The integrated facility will work on activities from initial ‘hit to lead’ optimization to early pharmaceutical development to clinical nomination, to Phase I and II clinical studies.
Symyx receives grant to conduct R&D of advanced heat transfer fluids Symyx Technologies, Inc. has been awarded a grant by the United States Department of Energy (DOE) to conduct research and development of advanced heat transfer fluids for solar thermal power generation. Symyx’s research will focus on developing new, breakthrough materials for lowering the cost of electricity and providing cleaner energy sources. By funding Symyx’s work, the DOE hopes to foster the development of an advanced heat transfer fluid that can operate within a temperature range from 80 oC up to 500oC. The new heat tran-sfer fluid, when used with other advanced technologies, could significantly decrease solar electricity cost to as low as 5 to 7 cents per kilowatt hour. Lower costs would make solar thermal electricity competitive with gas and coal and would offer a clean, renewable source of energy.While the DOE selected more than a dozen organizations and academic institutions to develop improved methods for thermal energy storage, Symyx was the only company chosen to research advanced heat transfer fluids. Symyx was selected based on the technical merit of its proposed material innovation, as well as its demonstrated experience in high-throughput experimentation in related programs with energy and chemical companies.
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