Hyderabad, 15th October 2023: Granules India, a leading vertically integrated pharmaceutical company, and the esteemed National Institute of Pharmaceutical Education and Research (NIPER) in Mohali Chandigarh, today announced the signing of a Memorandum of Understanding (MOU), to establish Dr Chigurupati Centre of Excellence in Innovative and Sustainable Pharmaceutical Development (CCE-ISPD).
This pioneering initiative aims to bring sustainability and innovation at the core of pharmaceutical research and development. The centre will focus on crucial areas such as exploring plant-based excipients, advancements in polymer-free pharmaceutical formulations, innovative methods in producing directly compressible crystals, promotion of solvent-free pharmaceutical processes, and the development of resource-efficient and energy-efficient pharmaceutical products.
The collaboration will feature joint research initiatives, ensuring a seamless flow of knowledge between the industry and academia. Granules India Limited has committed support for the establishment and continuous operation of the research centre. The partnership includes the establishment of state-of-the-art laboratories and research facilities within the NIPER campus to facilitate comprehensive research for development of sustainable and innovation driven pharmaceuticals. This partnership marks a significant stride in accentuating sustainability within the pharmaceutical domain, promising transformative changes for the industry and society at large globally.
Commenting on this, Dr Krishna Prasad Chigurupati, Chairman and Managing Director of Granules India Limited said, "This partnership signifies more than a collaboration; it embodies a shared vision. At Granules India, we are committed to pushing the boundaries of pharmaceutical innovation, and through this partnership with NIPER, we aim not just to make life saving medicines, but to make a difference. The CCE-ISPD is a testament to our dedication to sustainable pharmaceutical development, and we are enthusiastic about the transformative impact it will have on the industry and society."
Professor Dulal Panda, Director, NIPER, expressed his enthusiasm, "NIPER has always been at the forefront of pharmaceutical research and education. Collaborating with Granules India opens new avenues for our students and researchers to engage in real-world, impactful projects. The CCE-ISPD will be a nurturing ground for innovative ideas and sustainable solutions, shaping the future of pharmaceuticals. We are honoured to work alongside Granules India, a trailblazer in the industry, and together, we will redefine the landscape of sustainable pharmaceutical research and development."
About Granules India Ltd. (BSE: 532482, NSE: GRANULES)
Granules India Limited, incorporated in 1991 is a vertically integrated fast growing Indian pharmaceutical company headquartered at Hyderabad with best in class facilities and commitment to operational excellence, quality, and customer service. We are among the few pharmaceutical companies in the world to be present in the manufacturing of entire value chain – from Active Pharmaceutical Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs) and Finished Dosages (FDs). Our products are being distributed to over 300+ customers in regulated and semi-regulated markets with a global presence extending to over 80+ countries with offices across India, U.S. and U.K. The Company has 7 manufacturing facilities out of which 6 are located in India and 1 in USA and has regulatory approvals from US FDA, EDQM, EU GMP, COFEPRIS, WHO GMP, TGA, K FDA, DEA, MCC and HALAL
About NIPER, S A S Nagar Mohali
National Institute of Pharmaceutical Education and Research (NIPER) is the first national level institute in pharmaceutical sciences with a proclaimed objective of becoming a centre of excellence for advanced studies and research in pharmaceutical sciences. The Government of India has declared NIPER as an 'Institute of National Importance'. It is an autonomous body set up under the aegis of Department of Pharmaceuticals, Ministry of Chemicals and Fertilizers, Government of India. The Institute is conceived to provide leadership in pharmaceutical sciences and related areas not only within the country, but also to the countries in South East Asia, South Asia and Africa. NIPER is a member of Association of Indian Universities and Association of Commonwealth Universities.
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