Hyderabad : ICFAI Foundation for Higher Education, Deemed University, Hyderabad signed a Memorandum of Understanding (MoU) with Andhra Pradesh Medtech Zone Limited (AMTZ) located at Visakhapatnam, for providing a part-time PhD program for the scientists working in AMTZ.
The MoU was signed recently at AMTZ by ICFAI University Registrar Dr Vijayalakshmi, and AMTZ Managing Director and CEO Dr. Jitender Sharma in the presence of NITI Aayog Additional Secretary Dr. Rakesh Sarwal and former Secretary of Department of Biotechnology Dr. Renu Swaroop, the University said in a release here on Tuesday.
Under the agreement, ICFAI University will roll out a specially designed curriculum and pedagogy to ensure that the program runs and evolves smoothly.
The first batch of AMTZ scientists will soon be admitted into the program and will be jointly guided by experienced scientists from AMTZ as well as ICFAI’s world-class faculty.
AMTZ regularly conducts FDPs and Entrepreneurship Development Programs for a large number of students and faculty from across India through the Indian Biomedical Skill Council.
Through the MoU, ICFAI faculty will now be invited as Subject Matter Experts (SMEs) for some of the relevant topics during the sessions.
Co-incubation of startups in the domain of medical devices and health technologies will be undertaken at AMTZ under the MoU.
Startups in ICFAI’s incubator in the above mentioned domains will be co-incubated and mentored from ideation stage to market-ready levels by AMTZ and it will provide its vast resources for design, testing and fabrication to startups from ICFAI’s Incubator.
AMTZ is the world’s first and India’s largest integrated medical device innovation, research and manufacturing ecosystem.