Alkem Laboratories Arm Ties Up With Indian Institute of Technology Bombay for New Research Center
MT Newswires Live
Nov 03, 2025
Alkem Foundation, the corporate social responsibility (CSR) arm of Alkem Laboratories (NSE:ALKEM, BOM:539523), has partnered with the Indian Institute of Technology Bombay to set up a research center in India, according to a Monday filing to the Indian stock exchanges.
The proposed center, named "Alkem Centre for Advanced Research and Development of Applied Immuno-Therapeutics and Regenerative Medicines," will be set up on the IIT Bombay campus.
Alkem Foundation will contribute 20-25% of its cumulative CSR obligations over seven years to the new center, the company said.
The company's shares were up nearly 2% in recent trade.
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