IIT Kanpur Signs MoU with Conlis Global

IIT Kanpur Signs MoU with Conlis Global

Last Updated Feb - 23 - 2024, 08:16 PM | Source : HT | Visitors : 79

IIT Kanpur collaborates with Conlis Global to commercialize a novel bone regeneration technology developed by Prof. Ashok Kumar and his team.

According to a press release issued by IIT Kanpur, a memorandum of understanding (MoU) was signed by Prof. Tarun Gupta, Dean of Resources and Development at IIT Kanpur, and Dr Sumrita Bhat, CEO of Conlis Global Inc. at IIT Kanpur in the presence of Prof. S. Ganesh, Director of IIT Kanpur, Prof. Ankush Sharma, Professor In-charge, Start-up Incubation and Innovation Centre (SIIC) at IIT Kanpur, Prof. Ashok Kumar, Department of Biological Sciences and Bioengineering at IIT Kanpur, and Dr. Raman Koul, Chief Technology Officer of Conlis Global Inc.

The technology, titled ‘Nano Hydroxyapatite-Based Porous Polymer Composite Scaffolds for Bioactive Molecule Delivery in Musculoskeletal Regeneration’ has been developed by Prof. Ashok Kumar and his team from the Department of Biological Sciences & Bioengineering at IIT Kanpur, the release informed.

Professor Ashok Kumar said, "The technology facilitates bone regeneration in a biocompatible manner by acting as a carrier for bone-active biomolecules, delivering them directly to the site of an implant."

He stated that the material was a viable approach to recreating and healing bone deformities while addressing the limitations and problems associated with existing market solutions.

Speaking at the event, IIT Kanpur Director Prof. Ganesh stated that the licensing of this new technology developed in-house for boosting bone healing and regeneration to Conlis Global marks another key milestone in IIT Kanpur's R&D endeavor.

He stated that "innovative technology is a prime example of how a real difference can be made," and that the organization looks forward to seeing how this technology will help people, not just in India but worldwide.

Conlis Global CEO Dr. Sumrita Bhat, while highlighting the potential impact of the new technology, said the company was thrilled to partner with IIT Kanpur to bring the innovative solution to the market. She added that the technology represents a significant step forward in treating bone and joint disorders.

Prof. Tarun Gupta, Dean of Resources and Development at IIT Kanpur stated that the signing of the MOU with Conlis Global is an important landmark in the institution’s efforts to build a bridge between research and development and take a product from the lab to the commercial stage and into the market.

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