Date: 02-Sep-2019

GT Healthcare Capital Partners launches AI-driven drug development company

The Union Cabinet has given approval to the three MoUs signed between India and Gambia, Republic of Guinea, the National Institute of Health (NIH) of the Ministry of Health of the Republic of Peru for cooperation in the field of traditional systems of medicine. The MoUs were signed in Gambia on July 31, 2019 and in Guinea on August 2, 2019 during President of India Ram Nath Kovind visit in the respective countries. The initiatives taken by the three countries will be as per the terms of reference of the MoU signed and will be a continuing process till the MoU remains in operation. The MoU will enhance bilateral cooperation between the three countries in the areas of traditional systems of medicine. This will be of immense importance to all the countries considering their shared cultural heritage. As a part of the MoU of Gambia, there will be exchange of experts for training of the practitioners and scientists undertaking collaborative research in traditional systems of medicine. This is going to lead to new innovations in drug development and practice of traditional medicine. Keeping in view of the need for promotion and propagation of Ayush systems of medicine in Guinea, standard draft MoU for cooperation in the field of traditional medicine and homoeopathy was shared with the Guinean side through Central and West Africa Division, Ministry of External Affairs. As a part of the MoUs, the financial resources necessary to conduct research, training courses, conferences, meetings and deputations of experts will be met from the existing allocated budget and existing plan schemes of Union Ayush Ministry.