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BIRAC celebrates its 6th Foundation Day

BIRAC celebrates its 6th Foundation Day

In news:

The Biotechnology Industry Research Assistance Council (BIRAC) celebrated its 6th Foundation Day on in New Delhi.

Theme- ‘Sustaining Innovation – A Market Driven Pathway’


  • Biotechnology Industry Research Assistance Council (BIRAC) 
  •  a not-for-profit Public Sector Enterprise, set up by Department of Biotechnology (DBT), Ministry of Science and Technology Government of India
  • It is to empower the emerging biotech industry to undertake strategic research and innovation.
  • BIRAC is a new industry academia interface and implements its mandate through a wide range of impact initiatives,
  • providing access to risk capital through targeted fundin
  •  technology transfer
  • IP management
  • handholding schemes that help bring innovation excellence to Indian biotech firms and make them globally competitive.
  • BIRAC has initiated several schemes, networks and platforms that help to bridge the existing gap between industry-academia researches and facilitate novel, high quality and cost-effective affordable technologies.
  • BIRAC has initiated partnerships with several national and global partners to collaborate and deliver the salient features of its mandate.
  • BIRAC has played a critical role in supporting the entrepreneurial aspirations of brightest minds in the country through its programs and mentor support networks in keeping with the Government’s mandate.