SKAN Research Trust Achieves Notable Government Recognitions in India for Scientific Excellence

SKAN Research Trust Achieves Significant Government Recognitions

In a remarkable advancement for the Indian medical research community, SKAN Research Trust has recently secured two vital recognitions from the Government of India. Founded by the renowned entrepreneur Ashok Soota, SKAN is now officially recognized as a 'Research Association for Scientific Research' and has also received the designation of a Scientific and Industrial Research Organization (SIRO).

The endorsement as a Research Association for Scientific Research stems from a Gazette notification issued by the Ministry of Finance on November 25, 2024. This recognition, valid for five years, allows SKAN to benefit from tax exemptions on its scientific research activities, thus fostering further donations and grants crucial for advancing its research agenda. The decision followed an extensive review conducted by the Central Board of Direct Taxes, which meticulously analyzed SKAN's scientific output, operational integrity, and laboratory capabilities.

Co-founder and Managing Trustee Mr. Ashok Soota expressed enthusiasm about this success, stating, "The recognition solidifies SKAN's status as a premier institution in the medical research sector and enables us to plan our expansion with confidence."

This prestigious recognition from the central government signifies a considerable leap forward for SKAN, which has been working diligently towards innovative medical research for just three years. The endorsement is expected to enhance SKAN's reputation and draw greater attention to its initiatives.

Additionally, the SIRO status signifies the government’s acknowledgment of the impactful research work undertaken by SKAN's scientists, ranging from artificial intelligence applications in health management to large-scale public health studies. This recognition not only honors SKAN's contributions but also paves the way for future advancements as it will enjoy customs duty exemptions on the procurement of research equipment and supplies.

Dr. Yogesh Shouche, the current Director at SKAN, highlighted the significance of the SIRO designation, remarking, "This recognition is pivotal for SKAN, opening doors to develop extensive research programs and encouraging our scientists to undertake challenging mid- and long-term projects."

Combining state-of-the-art technologies with innovative research techniques, SKAN Research Trust operates out of Bengaluru, focusing on medical solutions for age-related illnesses, cardiovascular conditions, diabetes, and lifestyle disorders. With its cutting-edge strategies, the institute is dedicated to exploring the gut microbiome, genomics, immunotherapies, and nutritional studies to unveil gentler treatment methods. Furthermore, SKAN employs advanced technology, including artificial intelligence and machine learning, to optimize medical diagnosis and treatment protocols.

The mission articulated by SKAN, 'Transform the future of medicine, impacting millions of lives,' encapsulates its objective to revolutionize healthcare through research. With these recent recognitions, the future looks promising for SKAN as it continues its journey in scientific exploration and innovation.

For more information, visit SKAN's official website.