Herbalife Ltd. (NYSE:HLF) is one of the best Seth Klarman portfolio stocks to buy. On June 25, Herbalife International India Pvt. Ltd., a subsidiary of Herbalife Ltd. (NYSE:HLF), and the Indian Institute of Technology Madras, or IIT Madras, inaugurated the Herbalife–IIT Madras Center of Excellence on Plant Cell Fermentation Technology in Chennai. This initiative marks India's first dedicated facility for translational research in this field.
Ken Wolter / Shutterstock.com
Herbalife India said in a statement that the center will be a national hub for research, development, and innovation in plant cell fermentation. Broadly, the goal is to establish India as a global leader in sustainable biomanufacturing and next-generation plant-derived wellness products, the company's statement reads.
The company said the facility combines advanced upstream cultivation systems with downstream processing and metabolomics platforms, which allow researchers to take early-stage lab discoveries and scale them up for real industrial use. Beyond research, the center is also meant to support technology transfer to companies, encourage entrepreneurship and start-ups in the biomanufacturing ***** e, and help build a skilled workforce in this emerging discipline.
Commenting on the initiative, Ajay Khanna, Herbalife India's Managing Director, said that the initiative will create "opportunities for researchers, students, and innovators to explore new applications of plant-based technologies and contribute to advancements in nutrition science."
Ken Wolter / Shutterstock.com
Herbalife India said in a statement that the center will be a national hub for research, development, and innovation in plant cell fermentation. Broadly, the goal is to establish India as a global leader in sustainable biomanufacturing and next-generation plant-derived wellness products, the company's statement reads.
The company said the facility combines advanced upstream cultivation systems with downstream processing and metabolomics platforms, which allow researchers to take early-stage lab discoveries and scale them up for real industrial use. Beyond research, the center is also meant to support technology transfer to companies, encourage entrepreneurship and start-ups in the biomanufacturing ***** e, and help build a skilled workforce in this emerging discipline.
Commenting on the initiative, Ajay Khanna, Herbalife India's Managing Director, said that the initiative will create "opportunities for researchers, students, and innovators to explore new applications of plant-based technologies and contribute to advancements in nutrition science."
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