Company with offices in New Jersey will work on developing natural medications for chronic diseases
TAMPA, Fla. – The Dr. B.B. Thakar Research Center, a life sciences company which focuses on pairing ancient botanical compounds with modern technology and holistic approaches to treat chronic diseases, has joined the University of South Florida’s Tampa Bay Technology Incubator.
The company – a spinoff of Param Bhakti Healthcare & Research Services, a New Jersey company that provides holistic health services, herbal products, yoga and Ayurveda education – will work with USF researchers in developing and testing drug delivery platforms for botanical compounds that can be used to treat chronic illnesses such as Alzheimer’s disease, diabetes and arthritis.
“Our vision is to have an integrated approach to today’s heath care problems,” said company President Vipul Amin. “Preventive healthcare solutions are as important as treatment for a disease after it develops.”
Param Bhakti and sister company Param Healthcare provide quality and compassionate care to more than 500 patients through adult day-care facilities and home health care services. Its education division teaches healthcare providers both the science behind natural and holistic healthcare practices. The company’s Tampa office will focus on research and development that will merge traditional healthcare practices with cutting-edge technology, such as using nanotechnology to deliver botanical-based drugs more effectively. The company also is working to develop an innovative technology, medical devices and a scientific analytical laboratory.
The company describes its mission as “to provide optimum level of holistic health, technology, wellness solutions and products across the globe.”
“Our sole intention is to serve as an authentic holistic healer, provide quality education, take up fundamental research and commit to community health,” Amin said.
Amin is a veteran entrepreneur in the healthcare, senior care, information technology and education business arena. Dr. Sarvadaman Pathak serves as CEO and is a post-doctoral researcher at Harvard University School of Medicine focusing on clinical trials and drug development.“USF’s TBTI offers resident companies the opportunity to work closely with subject matter experts who can provide real-world knowledge and experience to support the success of our entrepreneurs,” said Valerie Landrio McDevitt, USF’s associate vice president for technology transfer and business partnerships.
About the Tampa Bay Technology Incubator
The University of South Florida's Tampa Bay Technology Incubator (TBTI) is one vehicle through which USF CONNECT grows successful companies. TBTI supports technology research as a catalyst for economic development and advocates the creation and development of facilities for high-technology companies and related support functions. USF CONNECT focuses on the needs of Tampa Bay's technology and bio/life sciences entrepreneurs throughout the business life cycle, providing the facilities, partners, and resources for successful business development. USF CONNECT offers access to technologies, workforce programs, technology commercialization, critical research equipment, and incubator facilities, adding value and delivering targeted, high level expertise to its member businesses.
About the University of South Florida
The University of South Florida, established in 1956 and located in Tampa, is a high-impact, global research university dedicated to student success. The USF System includes three, separately accredited institutions: USF; USF St. Petersburg; and USF Sarasota-Manatee. Serving more than 49,000 students, the USF System has an annual budget of $1.6 billion and an annual economic impact of $4.4 billion. USF is ranked in the Top 30 nationally for research expenditures among public universities, according to the National Science Foundation. In 2016, the Florida Legislature designated USF as “Emerging Preeminent”, placing USF in an elite category among the state’s 12 public universities. USF is a member of the American Athletic Conference.