TCM LIMITED enters into Licensing Agreement with Foundation for Innovation and Technology Transfer (FITT), a unit established by IIT Delhi for 'Novel Primer set for molecular diagnostic of SARS-CoV-2'

TCM Limited has entered into a non-exclusive Licensing Agreement with Foundation for Innovation and Technology Transfer (FITT), a registered society under the Societies Registration Act 1860, established by the Indian Institute of Technology, Delhi (IIT-Delhi) with respect to KNOWHOW for commercial purpose that includes designing, manufacturing and sales as per the terms and conditions of this agreement of 'Novel Primer set for molecular diagnostic of SARS-CoV-2', that is for the diagnosis of and screening for the COVID-19 using one step RT-qPCR method on all India basis for a period of 5 years effective from 12th June 2020. FITT will provide the technical support for implementation of the License. The Technology is developed by IIT-Delhi and owns the know how in the Technology.

Source : Equity Bulls

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