Objectives

• To initiate, aid, develop and co-ordinate advanced medical research leading to innovative preventive, therapeutic and interventional solutions unique to the country.
• To support, finance and collaborate with innovators and researchers by providing an interactive environment while protecting IP leading to prototyping and clinical implementation.
• To develop an interactive environment between medical researchers, educational institutions and scientists working in the field of advanced sciences to exchange information and transfer technologies from Institutions, Associations and Societies with similar objectives to that of the IAMRAI.
• To raise funds to further advance medical research and innovations through crowed sourcing, tax efficient gifts, donations and subscriptions of cash and securities and of any property whether movable or immovable leading to a self-sufficient system.
• To borrow or raise monies with or without security or on security mortgage charge, hypothecation or pledge of all or any of the immovable or movable properties belonging to IAMRAI or in any other manner whatsoever.
• To invest and deal with the funds and monies of the IAMRAI or entrusted to the IAMRAI not immediately required in such manner as may from time to time be determined by the Governing Body of IAMRAI. OBJECTIVES To acquire and hold, whether temporarily or permanently any movable or immovable property necessary or convenient for the furtherance of the objects of the IAMRAI.
• To sell, lease, mortgage and exchange, and otherwise transfer any of the properties movable or immovable of the IAMRAI provided prior approval of the Central Government is obtained for the transfer of immovable property.
• To purchase, construct, maintain and alter any buildings or works necessary or convenient for the purpose of the Central Council.
• To undertake and accept the management of any endowment or trust fund for donation, the undertaking or acceptance whereof may seem desirable.
• To offer prizes and grant of scholarships, including travelling scholarships in furtherance of the objectives of the IAMRAI.
• To create administrative, technical and ministerial and other posts under the Society and to make appointments thereto in accordance with the rules and regulations of the IAMRAI.
• To establish a provident fund and/or pension fund for the benefit of the IAMRAI employees and/or their family members.
• To do all such other lawful things either alone or in conjunction with others as the IAMRAI may consider necessary or as being incidental or conducive to the attainment of the above objects.
• To undertake R & D Consultancy projects and transfer of patents on drugs and process to industry.
• To undertake R & D projects sponsored by industries in public/private sector.
• To undertake international and interagency collaboration.
• Utilization of results of research conducted and payment of share of royalties/consultancy fees to those who has contributed towards pursuit of such research.
• To enter into arrangements with scientific agencies of other countries for exchange of scientists, study tours, training in specialized areas, conducting joint projects etc.
• To provide technical assistance to Govt./Private agencies in matters consistent with the activities of the IAMRAI