AMRC-Skolkovo deal to collaboratively target antimicrobial research
Date: 2017-12-14   Author: Dhananjay Punekar  Category: #industry

The AMR Center has joined forces with Russia’s Skolkovo Foundation to create new modes of treating microbial resistance. Sources have claimed that the former will offer preclinical assistance to the startup firms operating under the auspices of the Skolkovo Foundation, which has successfully aided numerous biomedical startups. Having been equipped with low funds for its antimicrobial research activities, this strategic move will help Skolkovo overcome its expenditure issues, state sources.

According to a key official of Skolkovo Foundation, its project portfolio includes just a few firms from 430 biomedical startup firms, that are carrying out extensive research on new antibiotic medicines across the biotechnology sector. Reliable sources claim that AMRC receives a large amount of funds for its research program from the U.S government-promoted CARB-X initiative, which allocates nearly USD 400 million for research & development activities. It has been reported that the former has decided to support the Russian startup firms in the biotechnology & biopharma business by providing them with the funds.

Industry analysts say that as a part of the pact, AMRC is also imparting its expertise in the field of microbiology & biotechnology to Russian startups. A chief official of the AMR center was quoted stating that the firm is a part of the UK government initiative which aims to form a collaboration with overseas organizations in order to promote research & development programs for halting the proliferation of microbial resistance.

Authentic sources also claim that that recently, AMRC has entered an alliance with two firms – a public-private alliance with Medivir, a biotech company based in Sweden, for licensing metallo-beta-lactamase inhibitors research program and a pact with Microbiotix, a clinical stage biopharmaceutical firm, to develop T3SS inhibitor for targeting contagious diseases. Experts believe that such strategic partnerships and joint ventures that multinational corporations have been undertaking will not only drive the research across the biopharmaceutical as well as biotechnology sector, but will help in eliminating the dreaded diseases across the globe.



About Author


Dhananjay Punekar

Dhananjay Punekar

Dhananjay currently works as a content writer at AlgosOnline. A post graduate in mathematics as well as business administration, he worked as a process executive in Infosys BPO Limited before switching his professional genre. Following his childhood passion, he opted fo...

Read More

More from Dhananjay


Post Recommendents

Contraceptives Market Growth, Business Analysis & Industry Report 2024
Author: Rahul Sankrityayan

Contraceptives Market was valued at USD 21.1 billion in 2016 and is projected to witness 6.8% CAGR growth from 2017 to 2024.

Contraceptive market will witness ...


Cancer Biological Therapy Market Analysis, Trends & Growth Forecast 2024
Author: Rahul Sankrityayan

Cancer Biological Therapy Market size is anticipated to experience significant growth of 6% from 2016 to 2023.

Rising prevalence of cancer patients around the globa...


Fuel Cell Electric Vehicle Market set for massive growth from 2017 to 2024
Author: Ronak Bora

Global fuel cell electric vehicle Market is predicted to cross 300 thousand units over the projected time span. Increasing R&...