MIRA
INFORM REPORT
|
Report Date : |
02.10.2007 |
IDENTIFICATION DETAILS
|
Name : |
|
|
|
|
|
Registered Office : |
|
|
|
|
|
Country : |
|
|
|
|
|
Date of Incorporation : |
2004 |
|
|
|
|
TAN No.: [Tax
Deduction & Collection Account No.] |
HYDI01227C |
|
|
|
|
Legal Form : |
Research Institute |
|
|
|
|
Line of Business : |
The institute operates as an autonomous body and pursues research
in relevant areas of chemical and biological sciences |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
Maximum Credit Limit : |
- |
|
|
|
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
|
|
|
|
Comments : |
Subject is a well-established and reputed institute in The institute can be considered good for normal business dealings at
usual trade terms and conditions. |
LOCATIONS
|
Registered Office : |
|
|
Tel. No.: |
91-40-66571500 |
|
Fax No.: |
91-40-66571581 |
|
E-Mail : |
|
|
Website : |
|
|
Area: |
130000 sq. fts. |
DIRECTORS
|
Name : |
Dr. K, Anji Reddy |
|
Designation : |
Chairman |
|
|
|
|
Name : |
Prof. D. Balasubramaniam |
|
Designation : |
Director of Research |
|
|
|
|
Name : |
Dr. Syed E. Hasnain |
|
Designation : |
Ex. Officio, Vice Chancellor, |
|
|
|
|
Name : |
Mr. G V Prasad |
|
Designation : |
Executive Vice Chairman and Chief Executive Officer Dr. Reddy’s
Laboratories Limited |
|
|
|
|
Name : |
Dr. A. Venkateswarlu |
|
Designation : |
Director of ILS |
KEY EXECUTIVES
|
Name : |
Mr. K. Vijayanand |
|
Designation : |
HR and Admin. |
|
|
|
|
Name : |
Mr. N. Murthy |
|
Designation : |
Materials In charge |
|
|
|
|
Name : |
Mr. M V Ravikishore |
|
Designation : |
Finance and Accounts |
|
|
|
|
Name : |
Mr. K. Prabhakar |
|
Designation : |
Projects and Facilities |
|
|
|
|
Name : |
Mr. U V R K Subba Raju |
|
Designation : |
Technical Services |
|
|
|
|
Name : |
Mr. S P Pratap |
|
Designation : |
Electrical |
|
|
|
|
Name : |
Mr. G N V S N Murthy |
|
Designation : |
Instrumentation |
|
|
|
|
Name : |
Mr. P V Ramana Murthy |
|
Designation : |
Stores |
|
|
|
|
Name : |
Mr. Vijaybhaskar A |
|
Designation : |
I. T. |
|
|
|
|
Distinguished Research Professors: |
1. Prof. Goverdhan Mehta 2. Prof. Syed E. Hasnain 3. Prof. Dipankar Chatterji |
|
|
|
|
Visiting Research Scientists: |
1. Dr. Gopal C. Kundu 2. Dr. Sanjeev Galande |
|
|
|
|
Faculty: |
1. Dr. Arvindh P. Shanmugam 2. Dr. Sachchidanand 3. Dr. Devyani Haldar 4. Dr. Srigiridhar Kotamraju 5. Dr. Pinaki Talukdar 6. Dr. K. Anil Kumar |
BUSINESS DETAILS
|
Line of Business : |
The institute operates as an autonomous body and pursues
research in relevant areas of chemical and biological sciences |
GENERAL INFORMATION
|
Bankers : |
Not Available |
CAPITAL STRUCTURE
|
Capital Investment : |
Not Available |
FINANCIAL DATA
[all figures are
in Rupees Millions]
Not Available
LOCAL AGENCY FURTHER INFORMATION
Promoters
v
Government of Andhra Pradesh (State Government)
v
v
Dr. Reddy’s Laboratories Limited (Private Sector)
Website details attached:
The Institute
Commitment to excellence in research is the foundation of Institute of Life Sciences (ILS).
The
ILS has created a state-of-the-art research center within
the campus of
Innovation is the spirit of ILS and its formation. Even with an amazing advancement of sciences, there is still a lot to be done as far as human health is concerned. They see so many unmet medical needs that are to be addressed. With this backdrop, ILS readies itself to pursue scientific research with a purpose and find solutions to better human health.
The Mission of ILS is to find solutions to improve human health through the application of cutting edge research in integrated disciplines of life sciences.
ILS intends to work on cellular and molecular targets of a few important diseases within the mandate of the institute and design novel therapeutic approaches there for.
In a nutshell, ILS would strive to help improve human health through research in life sciences.
Genesis
Research in life sciences has traditionally been organized into distinct disciplines such as chemistry, biology, pharmacology and other branches of sciences.
With the advent of major advances in science and technology, a need exists for integrating various disciplines of life sciences to provide a more incisive probe into the causes and cures of the diseases. ILS has been founded to provide solutions to significant unmet medical needs using a multidisciplinary approach to research in life sciences.
ILS provides a platform where scientists from industry and academia can interact and explore collaborative opportunities.
The Guiding Force
ILS is a professionally managed organization. It functions under the able guidance of eminent personalities with a vision.
SCIENTIFIC ADVISORY BOARD
A Scientific Advisory Board (SAB) is being constituted with eminent scientists
in life sciences, drawn from across the globe.
The SAB will help
• Establish a research road map for ILS
• Network scientific thought leaders
• Review scientific progress
• Validate research ideas
• Attract top scientists to work at ILS
MANAGEMENT COUNCIL
The Director and Senior executives of the Institute form a management council
to ensure the policy implementation and to manage research planning, operations
and resources.
Research
Taking roots as a public - private partnership Institution, ILS is shaping up in sprawling, serene and scenic environs. ILS thus provides an eco-friendly environment to the scientists to carry on focused research activities.
ILS encourages applied as well as basic research in the frontier areas of biological and chemical sciences.
Objectives
To understand molecular mechanisms involved in development and progression of disease processes, leading to creation of new knowledge for discovering novel therapies.
v To integrate chemical and biological sciences in pursuit of fundamental scientific advances.
v To train researchers to meet growing scientific challenges of Life Sciences Industry.
v To provide a platform for interaction and collaboration between industry and academia.
Disciplines
To
understand molecular mechanisms involved in development and progression of
disease processes, leading to creation of new knowledge for discovering novel
therapies.
To
integrate chemical and biological sciences in pursuit of fundamental scientific
advances.
To
train researchers to meet growing scientific challenges of Life Sciences
Industry.
To
provide a platform for interaction and collaboration between industry and
academia.
Divisions
Programs
Post Doctoral Positions
ILS intends to recruit fresh Ph.D candidates in life sciences, biochemistry,
organic chemistry and related fields as Post-doctoral
Research Fellows to work with the existing groups in any of
the focus research areas. Fellowships are tenable for a term of two years and
can be extended further, subject to satisfactory performance. Interested
individuals are encouraged to write to the Head of Human Resources, enclosing
curriculum vitae, with names of 3 referees.
Research Trainees
ILS intends to recruit bright, promising and motivated M.Sc / M.Pharm / M.Tech
/ B.Tech candidates in life sciences, biochemistry, organic chemistry and
related fields as Research Trainees to work in different research groups.
The traineeships are for an initial period of two years and carry attractive
stipend.
At the end of two years, the trainees may be permitted to register for Ph.D, subject to satisfactory performance and fulfilling the qualifying norms of the Institute.
Research Infrastructure
Research Infrastructure is an essential pre-requisite for an efficient execution of any task. ILS has taken keen interest to make available high–order infrastructure that suits the purpose.
ILS research facilities, spread over 1,30,000 Sq ft. building comprising several modules housing a total 32 Research Laboratories, 10 support laboratories, Pre Clinical Biology, Cafeteria, Recreation, Auditorium , Library etc.
Among special facilities Tissue culture lab, radioactive lab and containment facilities also provided to make it state of the art.
Knowledge Management
v Databases
v E-journals
v Catalogues
v Library Services
v Computing
v
Research
Facilities
ILS research facilities, spread over 1,30,000 Sq Ft. building comprising several modules housing a total 32 Research Laboratories, 10 support laboratories, Pre Clinical Biology, Cafeteria, Recreation, Auditorium, Library etc.,
Among special facilities Tissue culture lab, radioactive lab and containment facilities also provided to make it state of the art.
The Research center also specialized equipment such as:
NMR
(400 MHz)
Mass
Spectrometry (LC/MS)
Flow
Cytometry
DNA
Sequencing
Isothermal
Titration Calorimetry
HPLC
Confocal
Microscopy
Akta
Explorer
Ultra
Centrifugation
Liquid
Scintillation Counting
Preclinical
Biology
Circular
Dichroism Spectroscopy
Tissue
Culture
Funds and Grants
Being a not-for-profit research organization duly recognized as a SIRO by the Ministry of Science and Technology, Government of India, ILS is eligible to seek completive research grants from Government agencies.
ILS also seeks participation, involvement and funding from
• Private Sector Pharma / Biotech Industries
• Philanthropic Organizations
• Science / Research Foundations.
Giving to ILS
The management at ILS is pleased to answer any queries you may have about
contributing to ILS. Please write to them to learn more about ways of giving
and how they would help ILS.
Faculty
ILS looks for bright, creative and highly motivated scientists for faculty positions at the following levels:
Theme Leader: Independent investigators with over 12 years post Ph.D experience and a proven track record of research accomplishments.
A Theme Head is one who has proven expertise in conceptualizing projects, directing and managing research, and networking with thought leaders and other premier institutions in relevant fields of biomedical research. He/she would have a track record of independent research accomplishments in terms of grants, papers and patents, and motivating younger colleagues to aim and achieve.
Principal Scientist: Candidates with 8-12 years post Ph.D experience and has independently formulated a viable research project, won grants for running it and found novel schemes, processes or products.
Senior Research Scientist: Candidates with 4-8 years post doctoral experience and excellent record of publications / patents in areas of interest to ILS.
Research Scientist: Candidates with 2-3 years postdoctoral experience
Post Doctoral
ILS seeks for bright, young Ph.Ds as Post Doctoral Research Fellows in various disciplines of Life Sciences, as well as Organic Chemistry / Medicinal Chemistry.
They are seeking highly motivated candidates with aptitude acquiring specialist skills willing to move into new research disciplines.
ILS provides a vibrant, interactive research and intellectually stimulating environment. For these positions the fellowship offered will be significantly higher than in National Laboratories in the country. These fellowships provide opportunities to develop research project skills and collaborative links with outstanding researchers within the institute and elsewhere, particularly in biotech / pharma industries. These positions are offered on a 2 year fixed term basis, extendable for further 1 year term.
For prompt consideration interested candidates may mail their Curriculum Vitae including the name / phone numbers of two referees at pdf@ilsresearch.org
Research Trainees
ILS intends to recruit bright, promising and motivated M.Sc / M.Pharm / M.Tech / B.Tech candidates in life sciences, biochemistry, organic chemistry and related fields as Research Trainees to work in different research groups. The traineeships are for an initial period of two years and carry attractive stipend.
At the end of two years, the trainees may be permitted to register for Ph.D, subject to satisfactory performance and fulfilling the qualifying norms of the Institute.
Interested candidates may mail their Curriculum Vitae including the names / phone numbers of two referees at rt@ilsresearch.org
Programs
Post Doctoral Positions
ILS intends to recruit fresh Ph.D candidates in life sciences, biochemistry,
organic chemistry and related fields as Post-doctoral
Research Fellows to work with the existing groups in any of the
focus research areas. Fellowships are tenable for a term of two years and can
be extended further, subject to satisfactory performance. Interested
individuals are encouraged to write to the Head of Human Resources, enclosing
curriculum vitae, with names of 3 referees.
Research Trainees
ILS intends to recruit bright, promising and motivated M.Sc / M.Pharm / M.Tech
/ B.Tech candidates in life sciences, biochemistry, organic chemistry and related
fields as Research Trainees
to work in different research groups. The traineeships are for an initial
period of two years and carry attractive stipend.
At the end of two years, the trainees may be permitted to register for Ph.D, subject to satisfactory performance and fulfilling the qualifying norms of the Institute.
Working at ILS
ILS provides opportunities to conduct inter disciplinary research in an invigorating and stimulating environment to promote scientific excellence. Dynamism, innovation and scientific freedom of its community encourage individuals to shoulder increased responsibilities leading to the growth of the organization.
CMT REPORT (Corruption, Money Laundering & Terrorism]
The Public Notice information has been collected from various sources
including but not limited to: The Courts,
1] INFORMATION ON
DESIGNATED PARTY
No exist designating subject or any of its beneficial owners,
controlling shareholders or senior officers as terrorist or terrorist
organization or whom notice had been received that all financial transactions
involving their assets have been blocked or convicted, found guilty or against
whom a judgement or order had been entered in a proceedings for violating
money-laundering, anti-corruption or bribery or international economic or
anti-terrorism sanction laws or whose assets were seized, blocked, frozen or
ordered forfeited for violation of money laundering or international
anti-terrorism laws.
2] Court Declaration :
No records exist to suggest that subject is
or was the subject of any formal or informal allegations, prosecutions or other
official proceeding for making any prohibited payments or other improper
payments to government officials for engaging in prohibited transactions or
with designated parties.
3] Asset Declaration :
No records exist to suggest that the property or assets of the subject
are derived from criminal conduct or a prohibited transaction.
4] Record on Financial
Crime :
Charges or conviction
registered against subject: None
5] Records on Violation of
Anti-Corruption Laws :
Charges or
investigation registered against subject: None
6] Records on Int’l
Anti-Money Laundering Laws/Standards :
Charges or investigation
registered against subject: None
7] Criminal Records
No
available information exist that suggest that subject or any of its principals
have been formally charged or convicted by a competent governmental authority
for any financial crime or under any formal investigation by a competent
government authority for any violation of anti-corruption laws or international
anti-money laundering laws or standard.
8] Affiliation with
Government :
No record exists
to suggest that any director or indirect owners, controlling shareholders,
director, officer or employee of the company is a government official or a
family member or close business associate of a Government official.
9] Compensation Package :
Our market
survey revealed that the amount of compensation sought by the subject is fair
and reasonable and comparable to compensation paid to others for similar
services.
10] Press Report :
No press reports / filings exists on
the subject.
CORPORATE GOVERNANCE
MIRA INFORM as part of its Due Diligence do provide comments on
Corporate Governance to identify management and governance. These factors often
have been predictive and in some cases have created vulnerabilities to credit
deterioration.
Our Governance Assessment focuses principally on the interactions
between a company’s management, its Board of Directors, Shareholders and other
financial stakeholders.
CONTRAVENTION
Subject is not known to have contravened any existing local laws, regulations
or policies that prohibit, restrict or otherwise affect the terms and
conditions that could be included in the agreement with the subject.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 39.79 |
|
|
1 |
Rs. 81.23 |
|
Euro |
1 |
Rs. 56.41 |
SCORE & RATING EXPLANATIONS
|
SCORE FACTORS |
RANGE |
POINTS |
|
HISTORY |
1~10 |
7 |
|
PAID-UP CAPITAL |
1~10 |
7 |
|
OPERATING SCALE |
1~10 |
7 |
|
FINANCIAL CONDITION |
|
|
|
--BUSINESS SCALE |
1~10 |
8 |
|
--PROFITABILIRY |
1~10 |
6 |
|
--LIQUIDITY |
1~10 |
7 |
|
--LEVERAGE |
1~10 |
7 |
|
--RESERVES |
1~10 |
7 |
|
--CREDIT LINES |
1~10 |
7 |
|
--MARGINS |
-5~5 |
-- |
|
DEMERIT POINTS |
|
|
|
--BANK CHARGES |
YES/NO |
NO |
|
--LITIGATION |
YES/NO |
NO |
|
--OTHER ADVERSE INFORMATION |
YES/NO |
NO |
|
MERIT POINTS |
|
|
|
--SOLE DISTRIBUTORSHIP |
YES/NO |
NO |
|
--EXPORT ACTIVITIES |
YES/NO |
NO |
|
--AFFILIATION |
YES/NO |
YES |
|
--LISTED |
YES/NO |
NO |
|
--OTHER MERIT FACTORS |
YES/NO |
YES |
|
TOTAL |
|
63 |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General unfavourable
factors will not cause fatal effect. Satisfactory capability for payment of
interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|