24th April, 2021, Bengaluru
The ICAR-National Institute of Animal Nutrition and Physiology, Bengaluru, Karnataka has commercialized it's Area Specific Mineral Mixture (ASMM) Technology to the Vet Needs Labs on a non-exclusive basis through the AgrInnovate India today.
Dr. Raghavendra Bhatta, Director, ICAR-NIANP and Shri B.R.Shivakumar, Proprietor, Vet Needs Labs signed the Memorandum of Agreement (MoA) on the behalf of their respective organizations for the licensing to manufacture and sell the formulation in the presence of Dr. Sudha Mysore, CEO, AgrInnovate India Ltd. and the ICAR-NIANP team.
The ASMM Technology developed by the ICAR-NIANP was earlier commercialized to Karnataka Milk Federation (KMF), Bengaluru; Nandi Agro Vet. Pvt. Ltd., Bengaluru, the Totgars Co-operative Sale Society Ltd., Uttar Kannada, Karnataka and Vijayarathna Industries. The impact of the technology has been estimated to be about Rs. 419 crores.
(Source: ICAR-National Institute of Animal Nutrition and Physiology, Bengaluru, Karnataka)