ADVERTISEMENT

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.

ADVERTISEMENT

IMF raises Hungary 2021 GDP growth forecast to 7.6% Analysis

IMF raises Hungary 2021 GDP growth forecast to 7.6%

Parliament approves amendment to Competition Act Parliament

Parliament approves amendment to Competition Act

New CEO announced at Codic Hungary Appointments

New CEO announced at Codic Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.