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Avesthagen
Avesthagen Limited is an integrated systems biology platform company headquartered in Bangalore, India. It was founded as an academic startup in 1998 by Villoo Morawala-Patell, a Rockefeller Fellow and grantee within NCBS-UAS, Bangalore. Avesthagen started business operations on March 21, 2001 with Series-A round investment led by ICICI Ventures and Tata Industries. Dr.Villoo Morawala Patell, is the Chairperson and Managing Director of Avesthagen Limited. The company developed a unique portfolio of high-potential pharmaceutical, nutrition and agro-industrial bio-based products and continues to create novel products through convergence of food, pharma and population genetics leading to "Predictive, Preventive, Personalized" Healthcare and Food security". The goal of PPP healthcare is to use the advanced tools of molecular genetics to predict how patients will respond to drugs, reducing harm and increasing benefit. The dual combination of diagnostic and treatment technologies is ...
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Villoo Morawala-Patell
Villoo Morawala-Patell is the founder, Chairperson, chairman, and managing director of the Indian biotechnology company Avesthagen. The company raised more than 70 million USD in venture capital before largely collapsing around 2012 with a failed public offering, the exit of senior executives, the shutdown of manufacturing, and the cessation of most research activities. Avesthagen later undertook research and development initiatives that include The 10,000 Avestagenome Project which led to the sequencing the first complete Zoroastrian-Parsi mitochondrial reference genome and genetic signatures of an endogamous non-smoking population with the hope of identifying disease specific markers in the space of Cancer, cancers, Neurodegenerative disease, neurodegenerative diseases and rare diseases. Life and education Morawala-Patell earned a Master of Science degree in Medical Biochemistry from the University of Mumbai, then a PhD from the Institut de Biologie Moleculaire des Plante ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Bangalore, India
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.——— In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian ...
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Bangalore
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.——— In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian ...
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Zoroastrianism
Zoroastrianism is an Iranian religions, Iranian religion and one of the world's History of religion, oldest organized faiths, based on the teachings of the Iranian peoples, Iranian-speaking prophet Zoroaster. It has a Dualism in cosmology, dualistic cosmology of good and evil within the framework of a Monotheism, monotheistic ontology and an eschatology which predicts the ultimate conquest of evil by good. Zoroastrianism exalts an uncreated and benevolent deity of wisdom known as ''Ahura Mazda'' () as its supreme being. Historically, the unique features of Zoroastrianism, such as its monotheism, messianism, belief in Free will in theology, free will and Judgement (afterlife), judgement after death, conception of heaven, hell, Angel, angels, and Demon, demons, among other concepts, may have influenced other religious and philosophical systems, including the Abrahamic religions and Gnosticism, Southern, Eastern and Northern Buddhism, Northern Buddhism, and Ancient Greek philosoph ...
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Foundation For A Smoke-Free World
The Foundation for a Smoke-Free World is an organization founded in 2017. It is funded by Philip Morris International, which had initial plans for $80 million in annual funding, with the aim of smoking harm reduction. The current pledge agreement from PMI to the Foundation, modified in September 2020, promises $35 million in funding to the Foundation from 2022 through 2029.Amended and Restated Pledge Agreement
. Foundation for a Smoke-Free World, September 28, 2020. Accessed June 8, 2022.


History

In its first year, the Foundation spent less on than on

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Philip Morris International
Philip Morris International Inc. (PMI) is an American Multinational corporation, multinational tobacco company, with products sold in over 180 countries. The most recognized and best selling product of the company is Marlboro. Philip Morris International is often referred to as one of the companies comprising Big Tobacco. Until a Corporate spin-off, spin-off in March 2008, Philip Morris International was an operating company of Altria. Altria explained the spin-off, arguing PMI would have more "freedom," i.e. leeway outside the responsibilities and standards of American corporate ownership in terms of potential litigation and legislative restrictions to "pursue sales growth in emerging markets", while Altria focuses on the American domestic market. The shareholders in Altria at the time were given shares in PMI, which was listed on the London Stock Exchange and other markets. The company's legal seat is in New York City, but it does not operate in the United States of America ...
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Next-generation Sequencing
Massive parallel sequencing or massively parallel sequencing is any of several high-throughput approaches to DNA sequencing using the concept of massively parallel processing; it is also called next-generation sequencing (NGS) or second-generation sequencing. Some of these technologies emerged between 1994 and 1998 and have been commercially available since 2005. These technologies use miniaturized and parallelized platforms for sequencing of 1 million to 43 billion short reads (50 to 400 bases each) per instrument run. Many NGS platforms differ in engineering configurations and sequencing chemistry. They share the technical paradigm of massive parallel sequencing via spatially separated, clonally amplified DNA templates or single DNA molecules in a flow cytometry, flow cell. This design is very different from that of Sanger sequencing—also known as capillary sequencing or first-generation sequencing—which is based on electrophoretic separation of chain-termination products produ ...
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Biotechnology Companies Of India
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used by Károly Ereky in 1919, meaning the production of products from raw materials with the aid of living organisms. Definition The concept of biotechnology encompasses a wide range of procedures for modifying living organisms according to human purposes, going back to domestication of animals, cultivation of the plants, and "improvements" to these through breeding programs that employ artificial selection and hybridization. Modern usage also includes genetic engineering as well as cell and tissue culture technologies. The American Chemical Society defines biotechnology as the application of biological organisms, systems, or processes by various industries to learning about the science of life and the improvement of the value of materia ...
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Companies Based In Bangalore
Bangalore (), officially Bengaluru (), is the capital and largest city of the Indian state of Karnataka. It has a population of more than and a metropolitan population of around , making it the third most populous city and fifth most populous urban agglomeration in India, as well as the largest city in South India, and the 27th largest city in the world. Located on the Deccan Plateau, at a height of over above sea level, Bangalore has a pleasant climate throughout the year, with its parks and green spaces earning it the reputation as the "Garden City" of India. Its elevation is the highest among the major cities of India. An aerospace, heavy engineering and electronics hub since the 1960s, Bangalore is widely regarded as the "Silicon Valley of India" because of its role as the nation's leading information technology (IT) exporter.——— In the Ease of Living Index 2020 (published by the Ministry of Housing and Urban Affairs), it was ranked the most livable Indian c ...
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Biotechnology Companies Established In 1998
Biotechnology is the integration of natural sciences and engineering sciences in order to achieve the application of organisms, cells, parts thereof and molecular analogues for products and services. The term ''biotechnology'' was first used by Károly Ereky in 1919, meaning the production of products from raw materials with the aid of living organisms. Definition The concept of biotechnology encompasses a wide range of procedures for modifying living organisms according to human purposes, going back to domestication of animals, cultivation of the plants, and "improvements" to these through breeding programs that employ artificial selection and hybridization. Modern usage also includes genetic engineering as well as cell and tissue culture technologies. The American Chemical Society defines biotechnology as the application of biological organisms, systems, or processes by various industries to learning about the science of life and the improvement of the value of materials ...
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