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BIRAC celebrates 6th foundation day

BIRAC celebrates 6th foundation day

Context:

The Biotechnology Industry Research Assistance Council (BIRAC) under the Department of Biotechnology celebrated its sixth foundation day with the launching of a partnership with PerkinElmer, US-based multinational corporation that focused on the business areas of human and environmental health.

Significance:

  • The new partnership is designed to promote a portfolio of Indian-led revenue-based innovations and startups in multidisciplinary areas comprising of medical devices, point of care products, algorithms and software in thrust areas including maternal health, newborn health and food.
  • The partnership will provide support to innovators in terms of funding, mentorship and incubation space.
  • PerkinElmer would be associated from the early stages itself. Consequently, innovators are expected to gain much, among other things, through better validation of products and technologies and thus have enhanced global competitiveness.
  • The foundation day celebrations also saw the announcement of a new initiative in the area of anti-microbial resistance under the Grand Challenges India Programme promoted by DBT and Bill and Melinda Gates Foundation.
  • The new initiative focused on encouraging innovations in surveillance data, technologies and products and removing antibiotics from effluents to tackle the problem of anti-microbial resistance more effectively.

 

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