Home Health Pfizer, NIPER Ahmedabad collaborate to help healthcare start-ups in India – ET HealthWorld | Pharma

Pfizer, NIPER Ahmedabad collaborate to help healthcare start-ups in India – ET HealthWorld | Pharma

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Pfizer, NIPER Ahmedabad collaborate to help healthcare start-ups in India – ET HealthWorld | Pharma

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New Delhi: To encourage and help start-ups in India and assist early-stage innovators advance on their journey, Pfizer has introduced a collaboration with the Nationwide Institute of Pharmaceutical Schooling & Analysis (NIPER), Ahmedabad. This collaboration will endeavour to help healthcare start-ups in turning their modern concepts into market-ready options. The initiative is being supported by the Department of Pharmaceuticals and Niti Aayog and is being anchored by Social Alpha.

This partnership expands on the Pfizer INDovation initiative, by means of which 34 start-ups in India have already been supported by means of funding and incubation to carry their breakthroughs to market. By means of this partnership with NIPER Ahmedabad, this initiative will observe a cohort-based strategy with the goal of choosing six innovators pan-India that shall be incubated at NIPER Ahmedabad. Begin-ups with a proof-of-concept that matches the set mandate shall be chosen for a one-year accelerator programme. Every of those start-ups will obtain incubation help in areas of product growth, regulatory pathways, pre-clinical testing, tech switch help by means of the NIPER ecosystem, and real-world scientific fitment checks. They may even obtain funding help of as much as Rs 25 lakh every.

Collectively, Pfizer, NIPER Ahmedabad and Social Alpha shall be searching for improvements at TRL ranges three or greater within the areas of deep tech and synthetic intelligence (AI) for predictive evaluation, point-of-care testing, SaaS, informatics and wearables and observe and hint options.
NIPER Ahmedabad is within the strategy of establishing a Centre of Excellence in Medical System. This partnership will additional assist start-ups on this area benefit from the NIPER Ahmedabad innovation ecosystem in medical units to advance of their journey in the direction of commercialisation.

Dr Arunish Chawla, Secretary, Division of Prescription drugs, mentioned, “Encouraging indigenous innovation in healthcare shouldn’t be merely a precedence, however a accountability shared by all who’re part of this ecosystem. Our help to this collaboration between Pfizer and NIPER-A highlights the potential of start-ups bringing improvements that may advance the supply of healthcare within the nation.”

Prof Shailendra Saraf, Director, NIPER- Ahmedabad, mentioned, “NIPER-A has lengthy been on the forefront of pharmaceutical analysis and training. We imagine that innovation is important to handle right now’s healthcare challenges, and this collaboration can empower start-ups to drive transformative healthcare options. Collaboration with a number one pharmaceutical organisation like Pfizer will present a lift for these modern start-ups and their concepts.”

Meenakshi Nevatia, Managing Director, Pfizer Ltd, mentioned, “We sincerely thank Division of Prescription drugs for his or her help in facilitating the partnership with NIPER-Ahmedabad. We look ahead to welcoming our newest cohort of startups to this program and being part of their journey to success.”

Dr Chintan Vaishnav, Mission Director, Atal Innovation Mission, mentioned, “India’s healthcare ecosystem shall be enriched by new digital breakthroughs dropped at the market by start-ups pushed by younger modern minds. These improvements will assist facilitate broader illness consciousness, faster analysis, and higher affected person outcomes, inching us nearer to our purpose of a more healthy India.”

Dr Kshama Kothari, Director, Well being and Wellness, Social Alpha, mentioned, “On this version of INDovation, we’ll help start-ups by means of the steps of product growth and pre-clinical testing.”

  • Printed On Feb 26, 2024 at 10:49 PM IST

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