|
| Exchange Disseminated Time | Vimta Labs Ltd has informed BSE regarding a Press Release dated July 30, 2009.
Press Release:
"The first batch of students selected for the Industry based PhD program being offered by Deakin University, Victoria, Australia through a strategic partnership with Vimta Labs Ltd, Hyderabad have started their research work from the July 30, 2009.
The students were awarded their enrolment offer and scholarship letters by Prof. Lee Astheimer, Deputy Vice Chancellor (Research), Deakin University in a small ceremony organized in the premises of Vimta Labs, Genome Valley, Shameerpet, Hyderabad. Each student has received a scholarship of A$ 84,000 from Deakin University in terms of tuition fee waivers. The duration of this programme will be 3.5 years, full time, based at Vimta Life Sciences in Hyderabad. The program includes a minimum 3-6 month stay at Deakin University for further research and training with a Deakin based co-advisor (accommodation and expenses in Australia provided). Vimta Labs is investing towards the Indian costs for the students including laboratory costs and a stipend of equivalent to JRF.
The program is unique with the following features:-
- An Industrial based PhD program •
- Degree will be awarded by Australian University
- Opportunity to conduct research at Deakin University
- Co-guided by scientists at Vimta Labs and Deakin University
- Research scholars will get industry experience & International experience
- Significant focus on applied research
- Airfare to Australia and Lodging & Boarding while at Australia is covered by the program
- Student will be paid stipend during the PhD program
- Tuition Fee Scholarship
Research Areas
The research area focus will include Identification of cancer biomarkers and nanotechnology.
Dr. S P Vasireddi, CMD of Vimta Labs Ltd says "We are very pleased to be starting this program with Deakin University which provides excellent opportunity for practical experience in an industrial setting. Vimta is very well equipped with state of the art infrastructure to support the applied research. Environment at our Life Science Campus at Genome Valley, Shameerpet, Hyderabad is quiet conducive to promote learning and research."
Dr. Mahanandeeshwar Gattu, Vice President, R&D, Vimta Labs, explains that "the research focus of the PhD program for the current is in the area of Cancer biomarkers and The PhD program is unique in many ways including international exposure to students, tuition fee, waiver, monthly stipend, 3.5 years at Vimta and a minimum of 3-6 months at Australia, paid airfare to Australia, fully covered Lodging and boarding while student is in Australia. We are happy to be one of the first few to offer this kind of program."
"This collaboration offers a unique opportunity for Deakin University and VIMTA to develop joint, research programs that will benefit both India and Australia. We are very happy to be, present today for the formal launch of this program" said Prof. Lee Astheimer, Deputy Vice Chancellor Research, Deakin University, Australia." |
|
|