City
Epaper

Ashok Soota launches SKAN medical research trust for ageing and neurological disorders, commits Rs 200 crore investment

By ANI | Updated: April 5, 2021 10:45 IST

Ashok Soota today announced the creation of SKAN, probably India's first not-for-profit entity in the private sector, exclusively for medical research.

Open in App

Ashok Soota today announced the creation of SKAN, probably India's first not-for-profit entity in the private sector, exclusively for medical research.

The research for the projects will be done through reputed partners, and directly in-house. The strategic partner for neurological research is the Centre for Brain Research (CBR) at Indian Institute Science, Bangalore (IISc).

CBR is putting together a consortium to handle the first project on Parkinson's disease. 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 has agreed to fund the setting up of the Centre for Research in Ageing and Geriatrics (CRAG) at the SJGC and to support joint projects.

In ageing, the approach will be to go wide into relatively under-researched areas and will include the establishment of a large community-based research cohort.

For neurological research, the plan will be 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, the philosophy of the research 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.

Soota also announced funds commitment of Rs 200 crores for SKAN. Out of this, Rs 100 crores is earmarked for partners such as St John's, Centre for Brain Research (CBR), IIT-Roorkee, NIMHANS and any new partners which may be added. Rs 100 crores is earmarked for investments in SKAN and direct projects within SKAN.

"It will take 10 years to build a world class institution for Ageing and Neurological research. I am grateful to two eminent leaders who have agreed to take charge as Chairpersons for the two divisions in case of an exigency to me if line leadership is not ready to take charge. I have had this exigency-based arrangement in every orgzation I started, be it MindTree or Happiest Minds," said Ashok Soota.

SKAN is on the lookout for talent including CEOs for the ageing and neurological divisions and many other positions. Please visit for the positions to be filled and send an email to Talent@SKANrt.in.

This story is provided by PRNewswire. will not be responsible in any way for the content of this article. (/PRNewswire)

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Centre for brain researchindiabangaloreCBRIndiUk-indiaAshok sootaRepublic of indiaIndia india
Open in App

Related Stories

NationalBengaluru Power Cut: Bescom Announces Planned Shutdown in Multiple Localities - Check Affected Areas And Timings Here

HockeyIndia Clinches Bronze with 4-2 Win Over Argentina in FIH Men’s Junior Hockey World Cup (VIDEO)

NationalJob Aspirants in Bengaluru Protest, Demand Recruitment Drive to Fill Vacant Government Posts

NationalBengaluru Traffic Advisory: Diversions Announced for Nov 19; Major Congestion Expected Near Palace Grounds

NationalChennai-Bangalore Highway Traffic Update: 4-Km Jam in Ranipet Due to Incomplete Arcot Flyover (Watch Video)

Business Realted Stories

BusinessYuvraj Kumar Announces Feature Film India Pakistan - The Final Resolution

BusinessNykaa Beauty Rewind 2025: What India Loved, Layered and Lived In

BusinessBeyond Classrooms: DPSG Palam Vihar and 1011Sports Build the Future of School Sports

BusinessConscious Management Institute Opens in Puducherry to Offer Logistics Courses

Business2025 emerges as India's year of reforms, cuts and upgrades