The Sona Group’s JV with Mycelium Biotechnology, Australia, Mycelium Sona Biotech set up its research and production facility in Salem
The Sona Group’s new venture Mycelium Sona Biotech is a joint venture with Australia’s Mycelium Biotechnology. They set up their first research and production facility in Salem. The facility is set up to focus on IP development, mushroom extract manufacturing, and more.
Mr. Chocko Valliappa, MD of The Sona Group, said, "We are happy to forge the Mycelium Sona Biotech joint venture with Australia’s Mycelium Biotechnology, a research-focused world leader in Mycelium based products and solution provider. The partnership will leverage The Sona Group’s research and innovation framework to add to the vast range of IP and patentable technologies."
Mr. William Scott, Chairman of Mycelium Biotechnology, expressed his delight in having an opportunity to tie up with The Sona Group. He was glad that the laboratory was opened just after the signing of the Free Trade Agreement between Australia and India.
The news is featured in India Education Diary, an online news page.