Govt fostering an ecosystem of innovation and entrepreneurship, says Venkatesh
Hyderabad’s Atal Incubation Centre – Centre for Cellular and Molecular Biology (AIC-CCMB) has equipped its Centre for Innovation in Hyderabad with cutting-edge technology from Thermo Fisher Scientific (NYSE: TMO) of Massachusetts to enable scientists in start-ups with opportunities to enhance their expertise and entrepreneurial acumen.
Speaking on the agreement on 16 Apr, AIC-CCMB CEO Dr. Madhusudhana Rao said, “As one of the largest facilities supporting start-ups in healthcare, pharmaceuticals and biotechnology, AIC-CCMB endeavors to build an ecosystem that fosters innovation.
“Through our agreement with Thermo Fisher Scientific, we are enabling startups to drive research initiatives and reduce time-to-market for new products.”
Thermo Fisher has equipped this Centre for Innovation with state-of-the-art platforms such as CellInsight™ CX7 LZR Pro High Content Screening Platform, KingFisherTM Flex automated nucleic purification system, EVOSTM M7000 imaging system as well as laboratory freezers and refrigerators, and thermal cyclers.
These tools will help scientists in research, drug discovery and assay development to support molecular biology, protein biology, cell biology and cell analysis workflows.
“The Government’s flagship initiatives such as the Atal Innovation Mission (AIM), are aimed at fostering an ecosystem of innovation and entrepreneurship, said Srinath Venkatesh, Managing Director, India & South Asia, Thermo Fisher Scientific.
“We are proud to work with the various bio-incubators to set up these Centres for Innovation as a part of our nationwide efforts to support innovative startups in becoming scalable and sustainable.”
Thermo Fisher Scientific Inc is the world leader in serving science, with an annual revenue of over US$40 billion. Fiinews.com
