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Home Economy

BIRAC-PerkinElmer to work on health startups

Fiinews by Fiinews
March 22, 2018
in Economy, Health, Investment, Manufacturing, Technology
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PerkinElmer supports Govt initiatives

The Biotechnology Industry Research Assistance Council (BIRAC) and PerkinElmer have signed a Letter of Intent to promote India-led startups and innovators in the areas of biomedical, biotechnology and public health.

They will work together on the identified areas for a five-year partnership.

The goal of the collaboration is to promote the portfolio of Indian-led innovations and startups, which aligns with PerkinElmer’s mission to innovate for a healthier world, said Scott Palubiak, Vice President, Market Development, PerkinElmer.

“Moving ahead, PerkinElmer will continue to invest in India by lending support to government initiatives in technology innovations and advanced solutions that help protect the environment, the safety of our food, and the health of mothers and their newborn babies,” he said.

Dr. Renu Swarup, Senior Advisor, DBT and Managing Director, BIRAC said, “This collaboration with PerkinElmer exemplifies our focus to enable commercialization and ensure the global competitiveness of Indian enterprises.

“This endeavor will also help to develop a complete ecosystem from an innovative idea to employment creation and generation, to product commercialization in domestic and global markets,” he elaborated.

PerkinElmer is committed to developing innovative technologies to address the challenges of healthcare in India, completing the ecosystem from preventive to advanced healthcare, assured Jayashree Thacker, President PerkinElmer India.

“The products and solutions developed through this partnership will not only contribute to the national efforts of ‘Make in India’, ‘Skill India and Entrepreneurship’, but also promotes ‘Go to Global’ market opportunities,” he elaborated.

BIRAC is a Public Sector Enterprise, set up by the Department of Biotechnology (DBT) in India’s Ministry of Science and Technology as an industry-academia Interface agency to support emerging biotech enterprises to undertake strategic research and innovation, to address nationally relevant product development needs.

Through the course of five years, BIRAC has supported over 1,000 start-ups, entrepreneurs, biotech companies and organizations and 30 incubators across the country, resulting in over 100 products and technologies and an Intellectual property rights wealth of nearly 200 patents being generated.

PerkinElmer, Inc. is a global leader committed to innovating for a healthier world with dedicated team of about 11,000 employees worldwide. fii-news.com

Tags: Ministry of Science and Technology
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