The Council for Scientific and Industrial Research (CSIR) will work with 3Sixty Global Solutions Group (3Sixty GSG) a subsidiary of NUMSA Investment Company (NIC), and Tautomer to fast-track the commercialisation of CSIR technologies.
The organisations entered into a tripartite agreement through NIC’s subsidiary 3Sixty GSG and their partner company, Tautomer, to explore any investment and collaboration opportunities at the CSIR.
The agreement was signed by CSIR Chief Executive Officer, Dr Thulani Dlamini, 3Sixty GSG Chief Executive Officer, Mr Khandani Msibi and Tautomer Managing Director, Mr Martin Magwaza, in Pretoria, recently.
The agreement will pave a way for investment in research and development, and enable the organisations to respond to the challenges faced by industry and society, and thus contribute to economic growth, thereby boosting job creation in the country.
The research collaboration agreement will also provide 3SixtyGSG with an opportunity to invest in CSIR technologies that are at or close to commercialisation in research areas such as pharmaceuticals, wireless mesh networks, bioplastics, biopharming, traditional medicines and energy.
