Thursday, March 28

Tech Mahindra to set up a bio-incubator in Partnership with BioNEST

Tech Mahindra is collaborating with BioNEST, a bio-incubator formed with the support of the Biotechnology Industry Research Assistance Council (BIRAC) to drive research and co-innovation in pharmaceutical and biotechnology space.

The enterprises have signed a MoU (Memorandum of Understanding) to enable development of new technology platforms, and to bolster the pharmaceutical and biotechnology innovation ecosystem in the country.

As the technology partner, Tech Mahindra will help leverage digital technologies to develop new platforms and solutions in the space. This collaboration with BioNEST will also enable industry and academia partnership, and ensure efficient exchange of knowledge in the area.

“We have a comprehensive understanding of research and innovation in the biotechnology space, especially towards bringing the latest technologies to the fore and commercializing the concepts to solutions,” said Venugopal Kandimalla, Global Head, Healthcare & Life Sciences at Tech Mahindra.

The company would provide technical and business mentorship for IP (Intellectual Property) and technology management, legal and contract, resource mobilization and networking platform.