MoU is signed and exchanged on 22nd October, 2018 between National Institute of Pharmaceutical Education & Research (NIPER), Hyderabad and Research and Innovation Circle of Hyderabad (RICH) at NIPER Hyderabad.

The MoU was signed by Dr Shashi Bala Singh, Director, NIPER Hyderabad and Mr Ajit Rangnekar, Director General, RICH in presence of the team of RICH team and NIPER Hyderabad faculty members.

The purpose of this MoU is to encourage innovation and entrepreneurship by identifying, nurturing, incubating and commercializing various opportunities.