BWI: Sathguru Signs MoU with University of Florida to Facilitate Technology Commercialization in Asia

Press release from Business Wire India
Source: Sathguru Management Consultants Pvt. Ltd.
Friday, December 04, 2009 10:25 AM IST (04:55 AM GMT)
Editors: General: Consumer interest; Business: Accounting & management consultancy services, Advertising, PR & marketing, Business services, Information technology; Technology; Healthcare
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Sathguru Signs MoU with University of Florida to Facilitate Technology Commercialization in Asia


Hyderabad, Andhra Pradesh, India, Friday, December 04, 2009 -- (Business Wire India) -- Sathguru Management Consultants, Hyderabad, a leading technology management services provider from Asia, has signed a Memorandum of Understanding with the University of Florida one of America's most academically diverse public universities. Through the MoU, technologies developed at the University of Florida would be made available for commercialization through technology licensing and other commercialization initiatives in Asia. K. Vijayaraghavan, CEO of Sathguru Management Consultants, commending the partnership stated. "We are very pleased and honored to have entered into this strategic partnership with University of Florida, one of the world's leading research institutions. This new partnership will leverage the capabilities of the University of Florida in sustainable technologies in agriculture, life sciences, and biotechnology, and would benefit the public across Asia."

The University of Florida is a recognized leader in creating technology based start-up companies. Over the years, some 50 biotechnology companies have already resulted from faculty research programmes. Last year alone, 14 companies were formed to commercialize research discoveries emerging from the university's laboratories. The scientists at the University of Florida generate 300 invention disclosures per year. It consistently ranks among the top ten universities in licensing. UF was awarded $574 million in sponsored research in 2008. Research at the university is diverse and range from health care to citrus production and even space research.

Over a quarter of a century, Sathguru Management Consultants has developed immense capabilities in providing strategic advisory, sector growth assessment, technology management, information technology services to public and private enterprises across the globe. Sathguru has emerged as the chosen partner in several innovative and path-breaking initiatives in the areas of development and capacity building in South Asia. Sathguru is also the oldest technology transfer firm in South Asia, globally recognized for creating innovative technology transfer platforms and nurturing innovation through technology commercialization strategies.

The MoU will result in a partnership that brings together resources and expertise from Sathguru and University of Florida to make available path-breaking sustainable technologies in agriculture, health care and other gamut's of life sciences, environment and clean technologies for the public good and commercial benefits in Asia. "We look forward to an exciting phase of growth and development as state of the art technology interventions in the areas of agriculture, nutrition and health care ensures sustainable cost-effective solutions to modern world problems that plague these areas especially in emerging economies" said K. Vijayaraghavan, CEO of Sathguru Management Consultants. "Across multiple dimensions, this new partnership is a major event in Sathguru's initiatives to become a key Asian repository of sustainable path breaking innovations from across the world for implementation in the developing world. This collaboration has the potential to contribute to economic growth and technology adoption for the public good application in the areas of agriculture and food production, health care and environment and significantly bridge technology gaps in agriculture and human health development."



CONTACT DETAILS
S. Susheel Kumar, Manager - Corporate Communications, Sathguru Management Consultants, +91 (40) 2335 0586, susheels@sathguru.com

KEYWORDS
CONSUMER, CONSULTANCY SERVICES, MARKETING, BUSINESS SERVICES, IT, TECHNOLOGY, HEALTHCARE

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