Mou PDF - Parshwa-Life-Sciences

MEMORANDUM OF UNDERSTANDING (MOU)
THIS MEMORANDUM OF UNDERSTANDING made this on 17 September

2018.
BETWEEN
M/s. Parshwa Life Sciencesthrough its sole proprietor Mr.Mehul Shah

having its registered office at,B-001, Jay Poonam Nagar, Behind Deepak Hospital,
Mira-Bhayander Road, Mira Road (E), 401105, Dist. Thane, hereinafter referred to
as the Parshwa(Which expression unless repugnant to the context or meaning
thereof shall mean and include their executors, administrators and assigns) of the
ONE PART
AND
DYPatil Deemed to be University School of Medicine, Nerul, Navi

Mumbai having its office atSector – 7, Nerul, Navi Mumbai, Maharashtra, INDIA,
hereinafter referred to as the DYPUSOM(Which expression unless repugnant to the
context or meaning thereof shall mean and include their executors, administrators
and assigns) of the SECOND PART;
AND
Department of Pharmacologyhaving its office at 5th floor, DY Patil Deemed

to be University School of Medicine, Nerul, Navi Mumbai, hereinafter referred to as
the Department of Pharmacology (Which expression unless repugnant to the
context or meaning thereof shall mean and include their executors, administrators
and assigns) of the THIRD PART;
WHEREAS Parshwais a Sole proprietary firm and conducts clinical trials and
manages clinical trial sites as a Site Management Organization (SMO),
AND WHEREAS DY Patil Deemed to be University School of Medicine is a

reputed MCI recognised medical college involved in undergraduate and post-
graduate teaching and research activities,
AND WHEREAS Department of Pharmacology, is a department in

DYPUSOM, which specifically deals with teaching, pharmaceutical products, drugs
and clinical research and training activities.
AND WHEREAS the objective of this Memorandum of Understanding (MOU)

is to run a Clinical Research Unit (CRU) in department of Pharmacology in order to
carry out various research activities for the institute.
AND WHEREAS the DYPUSOMand Department of Pharmacology has

permitted Parshwa to run their clinical trial operations activities at the Clinical
Research Unit. The aforesaid have also appointed Dr.Deepak Langade (Professor&
Head, Department of Pharmacology) as overall in charge of Clinical Research Unit
(CRU) and Mr.Mehul Shah of Parshwa is appointed as an Advisor cum Coordinator.
AND WHEREAS the parties hereto are desirous of recording the terms and
conditions of Memorandum of Understanding in writing
NOW THIS MEMORANDUM OF UNDERSTANDING WITNESSETH AS

UNDER:
1
1. Duration of MOU: This MOU shall be operational upon signing and will have
an initial duration of 10 yearsand to be renewed subsequently by mutual
consent of both the parties.
2. Coordination: Dr.Anant Patil is appointed as an Administrator and

Coordinator by the DYPUSOMand Department of Pharmacology to
coordinate between the aforesaid parties. All administrative requirements
and challenges shall be addressed and handled by the Pharmacology
Department and the institute. Moreover, administration requirements
between Principal Investigator, Institutional Ethics Committee (IEC) and
Hospital Administration shall be addressed and handled by Dr.Deepak
Langade of the Clinical Research Unit.
3. Indemnity: Parshwa hereby agrees jointly and severally to indemnify

DYPUSOMand Department of Pharmacology, their representatives,
administrators and properties from and against all action, demands,
proceedings, prosecutions, attachments, and the like arising out of its
liabilities and all charges, taxes, etc.
Similarly, Parshwa shall be liable to indemnify/compensate the

DYPUSOMand Department of Pharmacology on account of any losses arising
due to the fault of Parshwa.
4. Facility Upgradation: Parshwa hereby agrees to install and maintain the

CRU facility with necessary infrastructure as required including but not
limited to computers, fax, scanner, printer, stationary, furniture, storage,
equipment for sample processing, equipment for audio-video consent
process, air conditioning etc.
5. Honorarium: Parshwa hereby agrees to pay honorarium of Rupees 14,000/-

per month for the space and the expenses of electricity and infrastructure
provided by the Department of Pharmacology and DYPUSOMon the 5th floor
CRU. The aforesaid honorarium shall be increased by 10% every year. The
aforesaid honorarium shall be transferred by Parshwa on 1st day of every
month in the bank account maintained and provided by DYPUSOM as
below:
Mode of payment: Cheque/DD/NEFT
Name: DY Patil University School of Medicine Ethics Committee
PAN No. AABTP2448L
TAN No. MUMP 17020D
Bank details: Savings A/C # 017010100010172
The Mahanagar Cooperative Bank Ltd.
Nerul Branch
RTGS/NEFT IFCS: MCBL0960017
6. Role and Responsibilities of Parshwa
2
The Parshwashall;
a. Conduct clinical trial activities in accordance with the ICMR

guidelines, ICH-GCP(International Council on Harmonization –
Good Clinical Practice) guidelines, CDSCO regulations and the
New Drugs and Clinical Trial Rules, 2019 of the Drugs and
Cosmetics Act 1940, atDYPUSOM, DY Patil Hospital and its
affiliated institutes under the DY Patil Deemed to be University,
Nerul, Navi Mumbai.
b. Support any academic and research related activity conducted by
the institute.
c. Develop and maintain infrastructure required for clinical trials.
d. Purchase, repair, maintain and develop the required infrastructure
for relevant clinical trials time to time.
e. Appoint enough staff and will pay the salaries. Staff appointed by
Parshwa shall not be the liability of the Department of
Pharmacology and DYPUSOM.
4. Role and Responsibilities ofD.Y. Patil University School of Medicine and

Department of Pharmacology:
The DYPUSOMand Department of Pharmacology shall:
a. Provide space on 5thfloor inDepartment of Pharmacology, Clinical

Research Unit (CRU).
b. DYPUSOM and Pharmacology department shall not be liable for any

legal issues, financial issues and infrastructure issues pertaining to
Clinical Research Unit (CRU).
IN WITNESS HEREOF, the parties hereto have executed this MOU on the date and
place mentioned hereinabove.
SIGNED AND DELIVERED
ForM/s. Parshwa Life Sciences
For DY Patil Deemed to be University School of Medicine
For Department of Pharmacology

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MEMORANDUM OF UNDERSTANDING (MOU)

THIS MEMORANDUM OF UNDERSTANDING made this on 17 September

M/s. Parshwa Life Sciencesthrough its sole proprietor Mr.Mehul Shah

DYPatil Deemed to be University School of Medicine, Nerul, Navi

Department of Pharmacologyhaving its office at 5th floor, DY Patil Deemed

AND WHEREAS DY Patil Deemed to be University School of Medicine is a

AND WHEREAS Department of Pharmacology, is a department in

AND WHEREAS the objective of this Memorandum of Understanding (MOU)

AND WHEREAS the DYPUSOMand Department of Pharmacology has

NOW THIS MEMORANDUM OF UNDERSTANDING WITNESSETH AS

2. Coordination: Dr.Anant Patil is appointed as an Administrator and

3. Indemnity: Parshwa hereby agrees jointly and severally to indemnify

Similarly, Parshwa shall be liable to indemnify/compensate the

4. Facility Upgradation: Parshwa hereby agrees to install and maintain the

5. Honorarium: Parshwa hereby agrees to pay honorarium of Rupees 14,000/-

Mode of payment: Cheque/DD/NEFT

Name: DY Patil University School of Medicine Ethics Committee

PAN No. AABTP2448L

TAN No. MUMP 17020D

Bank details: Savings A/C # 017010100010172

The Mahanagar Cooperative Bank Ltd.

RTGS/NEFT IFCS: MCBL0960017

6. Role and Responsibilities of Parshwa

a. Conduct clinical trial activities in accordance with the ICMR

4. Role and Responsibilities ofD.Y. Patil University School of Medicine and

The DYPUSOMand Department of Pharmacology shall:

a. Provide space on 5thfloor inDepartment of Pharmacology, Clinical

b. DYPUSOM and Pharmacology department shall not be liable for any

SIGNED AND DELIVERED

ForM/s. Parshwa Life Sciences

SIGNED AND DELIVERED

For DY Patil Deemed to be University School of Medicine

SIGNED AND DELIVERED

For Department of Pharmacology

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