In order to increase the research activities and infrastructure, Infosys foundation signed a Memorandum of Understanding (MoU) with Indian Institute of Science (IISc) Bangalore.
According to the reports the MoU of INT 5 crore is signed for the research in Infectious Diseases Research (CIDR).
"With this MoU, Infosys Foundation aims to set milestones in the area of research of infectious diseases. We will focus on motivating researchers to perform cutting-edge research, as well as train them to raise awareness about infectious diseases," Infosys Foundation Chairperson Sudha Murthy told PTI.
She further said "This association will facilitate an interdisciplinary approach, with a focus on research about infectious diseases, leading to the development of new drug targets, drug delivery systems and novel diagnostic tools."
More on the report
- INR 5 crore will be used in research and training and will benefit the 25 faculty members and 250 students at the IISc.
- IISc is a public university for research and higher education
- The major benefit of this association will be an interdisciplinary approach with main focus on the infectious diseases. The association will help in the development of new drug targets, drug delivery systems and novel diagnostic tools
In another major announcement, it was announced that all the students doing Doctorate of Philosophy (PhD) from the Indian Institute of Technology (IIT) and the Indian Institute of Science (IISc) will receive 70,000 per month as fellowship amount. As of now, students and researchers get only 25,000 for the fellowship amount.