Launch of MedTech Innovation Centre – Talking with the Leaders

Apart from providing access to physical infrastructure like labs, the MSMF MedTech Innovation Centre – BIRAC BIONEST will also give entrepreneurs access to the clinicians working with Narayana Health. Once a start-up is incubated, the entrepreneur will be paired with a clinician who will co-create the solution for efficacy. As the centre is recognised by the Department of Science and Technology and Department of Biotechnology-BIRAC, start-ups incubated will also get access to grant opportunities.

At the inauguration of the physical incubator, Dr. Paul Salins said, “What we want to do is that we have a large number of doctors and clinicians here who are doing cutting-edge research and clinical work. They will be able to connect with the start-ups, and we are hoping that the start-ups will make use of those facilities. We want to build an environment where the challenges faced by the patients are tackled. We need a shift from old to new thinking, and that’s a vision that will transform the technology’s interface with healthcare.” 

Dr. Devi Prasad Shetty, also present at the inauguration shared, “We are hopeful the physical incubator will provide the much-needed facilities that start-up look for to progress with their innovation. We have been able to support over 25 start-ups through our other programs and international collaborations. With this physical infrastructure, we will help us further strengthen our mission as the infrastructure can support 39 start-ups at any given point of time with the total seating capacity of 82. We are looking at nurturing 10 start-ups in 2021.”