Pharma major Dr Reddy’s Laboratories Ltd has entered into a memorandum of understanding (MoU) with Life Sciences Sector Skill Development Council (LSSSDC) and the Vishnu Institute of Pharmaceutical Education and Research (VIPER).

It facilitates market research collaboration between LSSSDC and industry partners, which will help align educational courses to industry requirements. Collaboration will be taken up to create pharmaceutical, biotechnology, and clinical research occupation standards, as well as establish a competency matrix for job roles in the pharmaceutical sector.

The partnership is aimed at addressing the shortage of skilled and certified manpower in the industry and to strengthen the skilled labour pool and create standards for certification and accreditation in line with the requirements of the life sciences sector.

''Skill intensive industries such as the pharmaceutical life sciences sector are poised to contribute significantly to India's GDP growth in the coming years. Our collaboration with LSSSDC and VIPER will go a long way in developing the right talent pool of skills in line with the future needs of Indian industry,’’ Satish Reddy, Chairman, Dr Reddy’s, said in a release issued here on Monday.