The MoU was inked by Mr. Harisharan Devgan, Chairman, Niche Group of Companies, and Prof. Abhay Karandikar, Director, IIT Kanpur in the presence of esteemed Senior Professors, Researchers, and different school members. The collaboration between Niche Agriculture & Pharmaceuticals Limited and the Indian Institute of Technology Kanpur is laying a basis to restructure the indigenous hashish plant and develop new kinds of hemp seeds/cultivars as per worldwide insurance policies & requirements.
With time, India is dealing with a surge in continual medical circumstances like most cancers, epilepsy, migraine, continual ache, arthritis, and insomnia to identify a number of. The improvement of recent Hemp primarily based formulations will assist docs in the remedy of such extreme medical circumstances.
Commenting on the MoU, Niche Agriculture & Pharmaceuticals Limited Chairman, Mr. Harisharan Devgan quoted, “This cooperation with IIT-Kanpur will strengthen our goal to toil towards the exploration of Cannabis plant for the progression of healthcare sector. This collaboration will not only grant access to a whole new range of medicinal formulations, but it will also offer people affordable medical treatment for chronic health problems. We are focusing on improving cooperation in the field of Hemp Cultivation and Bioengineering and implement technics like tissue culture with IIT-Kanpur for research and development, and exchange academic materials and publications for the formulation of hemp-based and other medicines for chronic diseases.”
Abhay Karandikar, Director of IIT-Kanpur mentioned, “He is looking forward to this collaboration. He further added that it will lay down a foundation for better research and development in Biotech Industry. Cannabis has been widely accepted in Indian culture through the ages, yet we have limited knowledge about this holy plant. Cannabis is known for its medical benefits, still, it is facing massive criticism due to its intoxicating effects.”
Cannabis in India is getting used for greater than 5000 years and has additionally been talked about in Atharva Veda. Still, hashish has confronted plenty of backlash due to its mind-altering results. However, the hashish plant can be acknowledged for its magical properties. In numerous cultures and traditions, using hashish is frequent and its medical properties are additionally properly inscribed in Ayurveda. Yet as per authorities rules, cultivation of hashish having greater than 0.03% THC degree is barred internationally.
Niche Agriculture & Pharmaceuticals Limited is inclined to analysis new medicinal formulations for serving to the Indian healthcare sector to hold evolving. The MoU additionally focuses on the trade of educational supplies and publications and extends to formulate hemp-based and different medicines for continual ailments.
