Another Research and Development Centre opens at KU
KARACHI: Research and Development (R&D) Center of the country’s famous pharmaceutical company, The Searle Company Limited (TSCL) was inaugurated at the ICCBS Technology Park and Technology Incubation Center, University of Karachi (UoK) on Thursday.
Prof. Atta-ur-Rahman, former Federal Minister of Science & Technology, and former Chairman HEC, Chief Executive Officer TSCL Syed Nadeem Ahmed, and Director ICCBS Prof. Dr. Muhammad Iqbal Choudhary jointly uncovered the curtain of a plaque fixed at the building of the ICCBS technology park. On the occasion, international guests, attending the MMDR Symposium at ICCBS, were also present.
Expressing their views on the occasion, Prof. Atta-ur-Rahman said that the establishment of the research and development center will significantly accelerate the development, and release of national innovative pharmaceutical to the market. He said the launch of the modern R&D Center was an important step to develop the healthcare and Pharmaceutical industry, which on the one hand is an indicator of the state social and economic development and on the other hand will support effective academia-industry linkage. Syed Nadeem Ahmed appreciated the efforts of the ICCBS for taking the right step to develop the linkages between industry and aca- demia.
Prof. Iqbal Choudhary welcomed the guests and foreign visitors, and said it was a great moment for the international center and Searle to work together on the development of new drugs and biological for common people. He said that both organizations had already made an agreement to collaborate in the areas of bioequivalence studies and clinical trial projects to strengthen the pharmaceutical industry. Bioequivalence studies are very important for the development of a pharmaceutical preparation in the pharmaceutical industry, he said. Other officials of the ICCBS and higher-ups of the company also attended the opening ceremony.