Novo Nordisk and IIIT Bangalore sign MoU to drive industry-academia research opportunities and skill development

For Immediate Press Release

Novo Nordisk and IIIT Bangalore sign MoU to drive industry-academia research opportunities and skill development

Bangalore, May 19, 2023: Novo Nordisk, a Global Business Services (NOVO NORDISK GBS) and the International Institute of Information Technology, Bangalore (IIITB) have inked a Memorandum of Understanding (MoU) to combine IIITB’s technology and digital capabilities with Novo Nordisk’s development and data science expertise to explore breakthrough innovations and efficiency gains to better serve the needs of patients.

Under the terms of the MoU, IIITB and Novo Nordisk GBS will jointly engage in initiatives including research, innovation projects, hackathons, case competitions, guest lectures, education programs, internships, placements, employee development, branding and corporate social responsibility collaborations. The MoU will be effective from May 19, 2023, for a period of two years.

Commenting on the initiative, Mr. John Dawber, Corporate Vice President, and Managing Director of Novo Nordisk Global Business Services, said, "We are delighted to partner with IIIT Bangalore to develop deeper industry-academia collaboration with a specific emphasis on healthcare and pharma solutions that leverage technology and data to make a positive impact on patients’ lives.  Novo Nordisk is expanding in Bangalore, adding more than 500 new skilled positions each year, delivering high levels of expertise and process excellence for our global company. With access to the talent pool at IIIT Bangalore, we believe we can significantly enhance our innovation contribution to the Indian academic ecosystem and ultimately improve health."

Prof. Debabrata Das, Director of IIIT Bangalore, added, "We are very happy to collaborate with Novo Nordisk to foster innovation and scientific discovery. Our goal is to encourage cross-fertilization of ideas between academic researchers and technical experts from Novo Nordisk to drive innovation and develop novel solutions for the pharmaceutical industry."

Besides fostering knowledge sharing between industry and academia, the partnership will also provide students at IIIT Bangalore with opportunities to gain real-world experiences, develop new skills, and build relationships with leading industry professionals.

About Novo Nordisk

Novo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines, and working to prevent and ultimately cure disease. Novo Nordisk employs about 57,100 people in 80 countries and markets its products in around 170 countries.

Novo Nordisk Global Business Services (GBS) in India has had a significant footprint since 2010, committed to seamless high-quality solutions with a strong focus on talent incubation, digitalisation, and process excellence. With over 3,500 employees the Bangalore based-hub partners with global colleagues across the pharma value chain to support drug development, manufacturing, commercial, and social business services. For more information, visit novonordisk.com, Facebook, Twitter, LinkedIn, YouTube.

About IIIT Bangalore

IIIT Bangalore is a premier institute focused on Post-Graduate IT education and research, located in the heart of Electronic City, Bangalore. IIIT Bangalore is graded A+ by National Assessment and Accreditation Council (NAAC) and remains top 80 (out of more than 1,200 engineering colleges in India) in the National Institutional Ranking Framework for the last four years. India Today ranked The institute number 1 among India's Best Technical Universities (Private). IIIT Bangalore contains state-of-the-art infrastructure, world-class faculty, a vibrant alumni community, cutting-edge research facilities, and close industry collaborations.

The institute’s specially designed courses make the students cognitive of the current technologies, experiential learning and practices, thereby equipping them with the tools and knowledge to solve contemporary real problems. Since the founding of the Institute in 1998, IIIT Bangalore has enjoyed 100% placement every year on account of the strong support of the industry and the growing base of talented alumni.

For further information, please contact:
Jyotsana Saluja | Jyotsana.saluja@finnpartners.com | 8860583321
Vinutha Vidyasagar | vinutha.vidyasagar@iiitb.ac.in | 9481782672