Ashok Soota promoted SKAN Medical research trust has announced a grant of Rs 20 Cr to IIT Roorkee towards sponsoring a Chair Professorship, three Faculty Fellowships, creation of a lab and funding of joint research projects.

The grant of Rs 20 Cr will be utilized by IITR towards:

• Funding of an Institute Chair Professorship, two new faculty Fellowships and one Institute Research Fellowship.
• Establishment of a wet-lab in IITR.
• Funding of joint medical research projects. The first project under this agreement has already been identified and it is in the area of bipolar disease.

IIT Roorkee (IITR) is engaged in teaching and research in Science, Engineering, Management, Humanities & Social Sciences and Architecture & Planning disciplines. In particular, IITR is engaged in research in the field of Biological Sciences and Bioengineering. 

Prof Ajit K. Chaturvedi, Director, IIT Roorkee, said, "With one stroke, our alumnus Ashok Soota has made a beginning in several directions. After a long gap, we are seeing an India based IIT alumnus make such a generous grant to his/her IIT. I am delighted that this time the donor happens to be an alumnus of IIT Roorkee."