Advertisement

Updated April 27th, 2020 at 07:59 IST

UoH start-up OncoSeek Bio to receive BIRAC funding for COVID-19 project

OncoSeek Bio will receive funding from BIRAC for developing an in vitro Lung Organoid model. It is one of 16 selected so far from the 500 proposals received.

Reported by: Devarshi mankad
COVID-19 Research
| Image:self
Advertisement

OncoSeek Bio, a start-up incubated at the University of Hyderabad (UoH), has been selected for Covid-19 funding by the Biotechnology Industry Research Assistance Council (BIRAC). The start-up will receive funding support for developing an in vitro Lung Organoid model. According to a press release by UoH, OncoSeek's project is one of 16 selected so far from the 500 proposals received BIRAC by under the Union Science and Technology Ministry's Department of Biotechnology (DBT) for the COVID-19 research consortium.

READ: COVID-19 Survivors Tom Hanks, Rita Wilson To Donate Blood For Coronavirus Vaccine Research

Funding for startup

The press release issued by UoH reads: "Under the COVID-19 grant received from BIRAC/DBT, they plan to expand the team and enhance the scope of current in vitro platforms to a different state-of-the-art research level. Under this grant proposal, the company plans to use their novel platform to screen drugs/peptides/molecules/agents/compounds targeted against the virus or the host cell. It plans to create this capability in the next 6 months."

READ: Oxford Researchers Confident Of Making Vaccine Available By September

Meanwhile, Dr Suresh Poosala, Founder CEO of OncoSeek, said, "Current animal models available for research on COVID-19 are either difficult to get into India or create them in time, to address the pandemic. The company envisages creating novel in vitro platforms for COVID-19 research under the support."

READ: Movement Of Inland Vessels On India-Bangladesh Protocol Route Permitted Amid Lockdown: MHA

India in lockdown

The country is currently in the second phase of the nationwide lockdown announced by Prime Minister Narendra Modi on April 14. In an address to the nation, Prime Minister Narendra Modi said, "It is clearly evident from the experience of the past few days, that we have chosen the correct path. Our country has greatly benefited from social distancing and lockdown. From an economic only point of view, it undoubtedly looks costly right now; but measured against the lives of Indian citizens, there is no comparison itself. The path that India has taken within our limited resources has become a topic of discussion in the entire world today."

READ: Tej Pratap Flouts Lockdown To Perform 'Sadbuddhi Mahayagna' For Bihar CM Nitish Kumar

Advertisement

Published April 27th, 2020 at 07:59 IST

Your Voice. Now Direct.

Send us your views, we’ll publish them. This section is moderated.

Advertisement
Advertisement

Trending Quicks

Ladakh Frontier
a few seconds ago
How to Keep Yourself Safe from Unhealthy Air?
6 minutes ago
TMC Delgation at ECI Office
18 minutes ago
Congress Press Conference
25 minutes ago
Raw Mango
26 minutes ago
Gen Z worker goes to the salon while “working from home”
27 minutes ago
Lionel Messi
29 minutes ago
Jailed Gangster Mukhtar Ansari Passes Away
31 minutes ago
Lok Sabha Elections 2024 LIVE
34 minutes ago
Tie-dye printed shirts
39 minutes ago
Advertisement
Advertisement
Advertisement
Whatsapp logo