India Pharma Outlook Team | Thursday, 16 May 2024
Chiesi Group, a pharmaceutical firm, declared the marking of a memorandum of understanding with Karolinska Institutet, a medical university. The understanding cements a responsibility between the two associations to team up on joint endeavors pointed toward propelling remedial solutions for pressing health challenges.
The milestone partnership between Chiesi and Karolinska Institutet (KI), will speed up research and development for respiratory illnesses, rare sicknesses, ailments of prematurity, and other specialty care signs.
Chiesi Group and KI will trade thoughts, aptitude, and assets to speed up the interpretation of logical disclosures into tangible healthcare solutions. Their cooperation is supported by a common obligation to propelling medical science and working on persistent consideration through joint exploration, improvement, and development endeavors.
Fabrizio Conicella, head of Chiesi’s Center for Open Innovation and Competence, said: “We believe that this partnership with such a world-renowned academic centre of excellence will provide significant opportunities to not only accelerate our pipeline but to explore and establish novel innovative ways of working between academia and industry.”
Mark Parry-Billings, head of drug development at Chiesi and Site Head of Chiesi’s R&D operations based in the Karolinska Science Park, stated, “We are delighted to advance our work with KI through this collaborative agreement, which will leverage past successes and form a platform for a close and dynamic research and development partnership, in a series of focused scientific disciplines, including for example in the field of translational medicine.”