NEWSRussian-Armenian University Receives Funding from World Bank to Open a Genomics Center

27.08.2019
Russian-Armenian University Receives Funding from World Bank to Open a Genomics Center
 
The World Bank has awarded Russian-Armenian University with a 137 million AMD grant to open a Center for Excellence in Education and Science at RAU Institute of Biomedicine and Pharmacy.
 
The project proposal on Genetic Engineering, Genome Editing and 3rd-Generation Genome Sequencing presented by academics from RAU Institute of Biomedicine and Pharmacy won within the World Bank’s Education Improvement project. The grant, designed to help drive forward initiatives in higher education, constitutes around 137 million AMD.
 
 “Genomics and genome editing are already revolutionizing biomedicine, biotechnologies and pharmaceuticals”, highlighted Head of RAU Institute of Biomedicine and Pharmacy Arsen Arakelyan, D.Sc., noting that there is a growing demand in the Armenian labor market both for genomics specialists and research centers.
 
The grant will serve multipurpose - it will enable RAU Institute of Biomedicine and Pharmacy to open a research center and to equip it with top-notch facilities. Additionally, RAU academics plan to design a new bilingual master of science program, improve the curricula and implement new disciplines, in that the grant will assist in training young talents in biomedical sciences.
 
The World Bank grant program strives to support the best proposals prepared by higher education institutions with the aim of improving the quality, promoting modernization and particularly the labor-market relevance of the academic programs, as well as increasing efficiency, equity and the development of new academic programs of HEIs.