Hyderabad (PTI): Hyderabad-based biotechnology company BioVaram on Tuesday signed an MoU with the Telangana government to establish a CoE in Life Sciences, focusing on tissue engineering, regenerative medicine, and cell and gene therapy.

The Memorandum of Understanding was signed during the ongoing Telangana Rising Global Summit, held on December 8 and 9, the company said in a statement.

Under the agreement, the state government will provide land within Bharat Future City, a proposed development on the outskirts of Hyderabad.

The government is also expected to offer funding assistance for building and operationalising the facility, the release added.

BioVaram has committed to investing Rs 250 crore to build a fully integrated innovation ecosystem dedicated to high-risk, high-impact translational research.

The proposed Centre of Excellence is expected to feature world-class infrastructure supporting AI-integrated development in key areas, including tissue engineering, advanced biomaterials, regenerative medicine, cell and gene therapy (CGT), AI-driven bioanalytics, and predictive platforms.

"India has to lead the world in innovation, and Telangana has to lead India. The BioVaram Centre for Excellence stands as a testament to what visionary collaboration between government, industry, and science can achieve," said K I Varaprasad Reddy, Founder of Shantha Biotechnics and Chairman & Mentor of BioVaram.

Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.



Mumbai (PTI): French President Emmanuel Macron, along with First Lady Brigitte Macron, left Mumbai for New Delhi on Wednesday after concluding his engagements here, including bilateral talks with Prime Minister Narendra Modi.

They were seen off at Chhatrapati Shivaji Maharaj International Airport by Maharashtra Governor Acharya Devvrat, Chief Minister Devendra Fadnavis and Deputy CM Eknath Shinde.

On Tuesday, Macron held discussions with Modi as part of efforts to further strengthen India-France strategic ties.

During the Mumbai visit, the French president and his wife also met some of India's top filmmakers and actors, and had an animated exchange with them about cinema, culture and collaboration.

President Macron is on an official visit to India from February 17 to 19 at the invitation of PM Modi to participate in the AI Impact Summit hosted by India in the national capital Delhi, besides the bilateral summit in Mumbai.

PM Modi will inaugurate the summit on February 19. As many as 20 heads of states, including French President Macron, will be present at the inaugural session, Electronics and IT Secretary S Krishnan said.