Vaidyaratnam Oushadhasala (Oushada means medicine and Sala is a building or institute) was instituted in 1941 by Eledath Thaikkattu Neelakandan Mooss. He had won prestigious Padma Shri award for his contributions to Ayurveda treatment.[5][6] Vaidyaratnam Ayurvedic Nursing Home was started in the year 1955 and Ayurvedic Medical College in 1976.Vaidyaratnam has effective panchakarma based treatments for many chronic ailments which finds no permanent cure in modern medicine.