Hyderabad-based conglomerate INCOR Group and Renovis Labs, promoted by Prof Javed Iqbal - the country’s esteemed scientist, have entered into a new JV ‘INCOR Renovis’. The new company will focus on developing cost-effective and green technologies making India self-reliant in manufacturing medicines under the AatmaNirbhar Bharat Abhiyan.

In order to counter this major problem and reduce the dependency on China, INCOR Renovis Pharma has come up with a new innovative methodology wherein it uses a combination of chemical, biological and engineering solutions to create high quality, cheaper and safer medicines. The second major goal of the company is set out to achieve in its 10-year long-term plan of reducing carbon emissions associated with drug production and pharma development processes. The company plans to use automation in manufacturing to realise this vision and is in the process of filing numerous patents for its inventions and discoveries.

Dr Aman Iqbal, Chief Executive Officer, Incor Renovis said, "We are excited to work together to make India Self-reliant on Pharma Raw material and protect the environment."

INCOR Renovis is building a directed evolution technology platform to solve chemical process challenges and also developing a microbiology platform to generate basic chemicals. It is further automating chemical R&D and manufacturing to reduce time, cost and manpower requirements in the entire process.