IIT Kanpur and Laurus Labs Forge Groundbreaking Partnership in Gene Therapy Research
Kanpur, June 19, 2023 – In a historic milestone, the Indian Institute of Technology Kanpur (IITK) has entered into a Memorandum of Agreement (MOA) with Laurus Labs to introduce groundbreaking gene therapy assets to the market. This collaboration marks a paradigm shift with regards to innovation and advancement in the field of bioengineering in India, with this unprecedented industry-first investment in a faculty research group.
In accordance with the MOA, IIT Kanpur will transfer several gene therapy assets through in-licensing to Laurus Labs, who will provide a research grant to facilitate their progression through pre-clinical development. Laurus Labs will also fund the necessary clinical trials and spearhead the launch of these cutting-edge products not only in India but also in emerging markets.
Indian Institute of Technology Kanpur signs agreement with Laurus Labs to introduce innovative gene therapy assets and revolutionize bioengineering in India.
In addition, Laurus Labs will establish a state-of-the-art Good Manufacturing Practice (GMP) facility at IIT Kanpur’s Techno Park, bolstering the production capabilities of gene therapy products. They will actively engage in the Contract Development and Manufacturing Organization (CDMO) business for cell and gene therapy, leveraging the capabilities of the GMP facility.
IIT Kanpur’s Department of Biological Sciences and Bioengineering (BSBE) is home to some of the finest scientists in India working on innovative gene therapy strategies for various human diseases. The researchers have developed groundbreaking gene therapy assets and delivery technologies, focusing on monogenic human diseases and cancers.
Transforming Healthcare and Advancing Industry-Academia Collaboration
This groundbreaking partnership between IIT Kanpur and Laurus Labs aims to make the innovative gene therapy treatments accessible and affordable to patients in India and emerging markets. It not only establishes IIT Kanpur’s pioneering role in gene therapy research but also enhances Laurus Labs’ presence as a leading company in the field of Cell and Gene Therapy.