Mumbai: The Indian Institute of Technology-Bombay (IIT-B) on Wednesday received a cheque of $ 5 million from Romesh Wadhwani, founder of the Symphony Group, for its six-year-old biosciences school. The announcement about the grant was made at an alumni gathering in the Big Apple. The money will be used to set up the Wadhwani Research Centre in Biosciences and Bioengineering.
The centre, which will be a part of the bio-sciences school, will focus on research in certain types of cancer, fighting bacteria, which will include slowing bacteria division and growth and thus ultimately addressing bacterial diseases like tuberculosis. “Several international institutes that are involved in world-class research in these areas will be a part of the advisory board,’’ said Wadhwani, an electrical engineer from the class of 1969.
With the earmarked area for the school now cleared, construction will soon take off. However, the donation will not be used to create the building. “The endowment will help us establish contacts with leading bio researchers through the Wadhwani Foundation,’’ said Ashok Misra, IIT-B director.
D Panda, head of the bio-sciences school at IIT-B, said that the aid would help the school to invest in high-end research in healthcare such as cell signaling, bio stem cells, telemedicine.
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