IIT Hyderabad inks pact with Korean drug firm to co-develop new drugs

1 min readUpdated on Jul 26, 2021 11:08 IST
IIT Hyderabad has signed a Memorandum of Understanding (MoU) with PharmCADD, a drug discovery company based in South Korea, to develop new drugs and advance the platform technology of the company.

IIT Hyderabad has signed a Memorandum of Understanding (MoU) with PharmCADD, a drug discovery company based in South Korea, to develop new drugs and advance the platform technology of the company.

IIT Hyderabad will provide PharmCADD, which uses artificial intelligence (AI) and physics/quantum-based technology, with key members to conduct academic research in the field of AI, MD simulation, and quantum calculation for new drug development. PharmCADD and IIT Hyderabad also agreed to promote collaboration by jointly participating in global R&D projects.

“PharmCADD has designed and optimised the mRNA sequence for developing the COVID-19 mRNA vaccine and the mRNA vaccine candidate has recently been applied for IND (Investigational New Drug) to begin clinical trial 1/2a study in Korea. Based on this experience, we have expanded a vaccine developing platform and enhancing the platform technology with the aid of IITH’s resources," Taehyung Kwon, chief executive officer, PharmCADD, said in a statement.

The drug design company founded a local corporation in India last month and is intensively hiring competent Indian researchers.

“IIT Hyderabad is the only institute in the country with undergraduate programmes in both biomedical engineering and biotechnology and bioinformatics. IIT Hyderabad has a dedicated faculty working on many novel techniques and drugs. This global collaboration in the field of drug development will definitely strengthen our capabilities to develop novel formulations and make a healthier society,” said IIT Hyderabad Director BS Murty.

Staying updated about the latest educational events is just a click away
Enter Mobile Number

India holds the world's third-largest AI capability, publishing 80,000 papers in the field of AI over the past five years. PharmCADD founded a local corporation in India last month and is intensively hiring competent Indian researchers.

About the Author
Get Admission and Placement Updates about IIT Kanpur

News & Updates

Latest NewsPopular News

Contact Details

Address

Indian Institute of Technology, Kalyanpur
Kanpur ( Uttar Pradesh)

Email

jee@iitk.ac.in

(For general enquiry)

registrar@iitk.ac.in

(For admission related enquiry)

qna

Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 2 months ago

MHT-CET is not necessarily the only way, but you should not assume that you can simply take direct admission without any entrance/eligibility requirements.

S

Shariek Sheik

Beginner-Level 2

Answered 2 months ago

 IIT Kanpur BTech cutoff for female category.

N

Neerja Rohatgi

Contributor-Level 10

Answered 2 months ago

IIT Kanpur BTech cutoff 2026 ranged from 283 to 7837 in the last round for the General AI category. As per this range, BTech CSE was the most difficult course for admission, with the lowest closing rank of 283. Candidates can check the table below to know the IIT Kanpur BTech cutoff 2026 for differe

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 2 months ago

According to the IIT Kanpur GATE cutoff 2024, the last round closing ranks ranged from 622 to 840 for the General AI category. So, students who score above 630 increase their chances of admission. The higher the score, the better the chances of admission. Check the list below to know the minimum sco

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 2 months ago

IIT Kanpur cutoff 2026 ranged from 155 in the first round to 173 in the last round for the OBC category candidates under the All India quota. Hence, General AI category candidates need to attain a rank of at least 173 or lower to get a chance at admission.

Students should know that just attaining th

...Read more

N

Neerja Rohatgi

Contributor-Level 10

Answered 2 months ago

The rank needed to get into IIT Kanpur would depend on the category and branch chosen. For the General AI category, the highest rank admissible was 900 for the Integrated PhD in Sustainable Energy Engineering programme. 

To know the maximum rank required by other categories, check the table below.

CategoryHighest Acceptable Rank 2026
General900
OBC1322
SC3192
ST3515
EWS1459
PWD3002

 

N

Neerja Rohatgi

Contributor-Level 10

Answered 2 months ago

Students do not need to wait until 2028. Students from the 2024–2028 batch can appear for IIT JAM 2027 while in their final year (3rd year). It will make them eligible for admission to MSc Economics in 2027.

A

Akanksha Yadav

Contributor-Level 10

Answered 4 months ago

Students who fulfil the preset eligibility criteria can apply for the PDVVCOE BE course. The eligibility required for the programme is to pass Class 12 with a minimum aggregate of 45% marks from any recognised board of education. The programme application process is online.

A

Anjali Sharma

Contributor-Level 10