IIT Kanpur Licenses Gene Therapy Technology To Reliance Life Sciences

The Indian Institute of Technology Kanpur on Friday said it has licensed a technology that has the potential to treat many hereditary eye diseases to Reliance Life Sciences Pvt Ltd.

The technology from will be further developed as an indigenous product by Reliance Life Sciences.

Developed by Jayandharan Giridhara Rao and Shubham Maurya from the Department of Biological Sciences and Bioengineering (BSBE), IIT Kanpur, the patented technology modifies the gene of an organism to treat a hereditary disorder, the institute said in a statement.

" using viral vectors has recently emerged as a potent tool in the field of molecular medicine.

"We believe that this technology holds great promise for treating a wide range of hereditary eye diseases including Leber congenital amaurosis, an eye disorder that is present from birth and Retinitis pigmentosa, a disease causing progressive sustained vision loss," Director Abhay Karandikar said.

Reliance Life Sciences President K V Subramaniam said the company would "take forward this innovative technology to commercialisation".

said this is the first time that a gene therapy related technology has been developed and transferred from an academic institution to a company in India.

Reliance Life Sciences is developing several gene therapies to address unmet clinical needs. Besides, the company is also developing a range of human and animal health vaccines and mRNA products, the statement said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

RECENT NEWS

JPMorgan's Berlin Moment: Chase Takes On Europe

There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more

What Strategy's Bitcoin Sale Really Tells Us

There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more

Coutts Sets Scope On New Continent

Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more

From Cypherpunk To Citadel

How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more

ACB Securities: Building Scale, Trust & Innovation

ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more

War Risk Returns To Markets As VIX Surges

For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more