The grant will be utilised for two new faculty Fellowships and one Institute Research Fellowship and the establishment of a wet lab in IITR besides other initiatives
Ashok Soota promoted SKAN Medical research trust announced a grant of Rs 20 Cr to IIT Roorkee towards sponsoring a Chair Professorship, three faculty fellowships, creation of a lab and funding of joint research projects.
The grant of Rs 20 crore will be utilised by IITR towards the funding of an Institute Chair Professorship, two new faculty Fellowships and one Institute Research Fellowship; establishment of a wet-lab in IITR and funding of joint medical research projects. The first project under this agreement has already been identified and it is in the area of bipolar disease.
Soota, Chairman, SKAN Trust, said, “I am delighted to have this opportunity to give back to my alma mater through this grant. There is negligible private funding towards medical research in India and I was pleased to see that IITR is doing excellent work in this area. I see this as a good opportunity for me to contribute and also fulfil these needs of IITR.”
BVR Mohan Reddy, Chairman BoG, IIT Roorkee, said, “Your generous funding will give further momentum to biological sciences and Bioengineering research at IITR. I am confident that IITR will make good use of your funding for research in ageing and neurological disorders to make the world a better place to live.”
Prof Ajit K Chaturvedi, Director, IIT Roorkee, said, “I am delighted that this time the donor happens to be an alumnus of IIT Roorkee. It marks a new chapter in the alumni engagement of IIT Roorkee.
