Ashok Soota launches not-for-profit entity for medical research, commits Rs 200 crore, Health News, ET HealthWorld


Ashok Soota (File photo)
Ashok Soota (File photo)

Ashok Soota, executive chairman, Happiest Mind Technologies, has launched SKAN, a not-for-profit entity for medical research trust for ageing and neurological disorders, and has committed Rs.200 crore for its activities.

SKAN’s research for the projects would be done in-house and through partners and the Centre for Brain Research (CBR) at Indian Institute Science, Bangalore (IISc) is the strategic partner for Neurological research, said the organisation in a press release.

CBR is putting together a consortium to handle the first project on Parkinson’s disease and the strategic partner for ageing is the upcoming St. John’s Geriatric Centre (SJGC), to be located on the St John’s Hospital campus.

Soota would fund the setting up of the Centre for Research in Ageing and Geriatrics (CRAG) at the SJGC and to support joint projects, said the organisation.

SKAN‘s approach for research in ageing is to go wide into relatively under-researched areas and include the establishment of a large community-based research cohort. For neurological research, the plan is to go deep into select areas like Parkinson’s disease, Bipolar disorders, Strokes and other Cerebrovascular disorders.

For problems related to both ageing and neurological disorders, SKAN will include searching for kinder, gentler therapies; delaying the onset and slowing down the progression of the disease and providing persons a better quality of life even as they live with the illness.

Out of Rs 200 crore, half is earmarked for partners such as St John’s, Centre for Brain Research (CBR), IIT-Roorkee, NIMHANS and any new partners. The rest of the fund will go for investments in SKAN and direct projects within the organisation.

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