Richter, BME agree to extend cooperation

History

Image by LaMography/Moni Lazar

Hungarian drugmaker Gedeon Richter and the Budapest University of Technology and Economics (BME) agreed to extend their scientific and tendering cooperation by jointly participating in high-level R&D projects, the drugmaker said yesterday, according to reports.

(Photo: LaMography/Moni Lazar)

Under a cooperation agreement the two parties signed, they are foreseen to jointly apply for funding at state, EU or other tenders to carry out projects in fields of mutual interest, Hungarian news agency MTI reported.

University representatives will keep Richter informed about their R&D activities, and if the company finds something of scientific or business interest in any of them, the two parties will negotiate to launch further specific cooperation projects, MTI added.

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