The memorandum of understanding between IIT-B and the Minneapolis-based DDF was signed at the weekend to carry out research and development in the field of probiotics and pharmaceutical products, DDF statement said.
According to the pact DDF will sponsor the setting up of "SK Dash center of excellence of bio-sciences and engineering and technology" at the IIT-Bhubaneswar, it said.
Chairman of the DDF S.K. Dash, is considered to be the pioneer in the field of probiotics globally.
Probiotics are organisms such as bacteria or yeast that are believed to improve health.
--IANS (Posted on 30-12-2013)