• Copyrights
  • Privacy Policy
  • Terms
  • Shop
  • Fun Box
Biostandups | Connecting Science, Biotechnology & Healthcare
  • Home
  • Bio News
    • Bio Research
    • Bio Tech
    • Health, Food and Fitness
    • Agriculture
    • Public Health and Issues
    • Earth and Environment
    • Pharmacy
    • Women Health
  • Bio Woman
    • Face of the month
    • Raising talents
    • Voice of Women
    • WISE
  • Bio Business
    • Startup Guide
    • Entrepreneurship
  • JOB POSTINGS
    • Study at University
    • Organizations
    • Fellowships / Grants
    • Opportunities for Freshers
    • Awards/Prizes/Medals
  • Bio Protocols
    • Basic Protocols
    • Multiple Research Protocols
    • Video Protocols
    • Protocol Exchange
    • Thesis/Paper writing tools
  • Bio Events
  • About Us
    • Founding Team
    • Advisory Board
    • Partners
    • Editors
    • Contributors
    • Sponsors
    • Donate Us
    • Media Room
  • Contact us

“First Mile Challenge”- a new tie up between GE health care and CAMTech for health innovation

biostandadmin/12 Jul, 16/1387/0
Bio TechStartups

Biotechnology startup situation in India has enhanced immensely in the most recent years. Activities from Government of India like Ministry of Science and Technology, DBT, DST, CSIR and BIRAC have urged entrepreneurial people to build up new businesses with most friendly approaches. Developing Biotechnology parks have likewise begun brooding places for new businesses with required foundation and types of gear. The Indian biotechnology is isolated into five noteworthy sections — bio-pharma, bio-industry, bio-agriculture, bio-services, and bio-informatics. Furthermore, India’s biotech industry is the third biggest in Asia-Pacific region and is on the edge of entering another period. Solid headways were taken towards setting up of research labs, centers for academic excellence and a few different foundations in therapeutic science have given a support to area.

 

According to the statistics from Make in India, biotech industry to increase the market size up to 11.6 Billion (USD) in coming two years. The Indian biotech industry is relied upon to develop at a normal development rate of around 30% a year and touch USD 100 Billion by 2025. The expected increase in the market size comes from the demand for healthcare and related services, manufacturing activities, bright inventing clinical capacities with the nation spinning into a mainstream destination for worldwide organizations for clinical trials. In the past, India-US startup konnect in the Silicon Valley featured 35 new businesses out of which 12 of them are working towards creating advancements in the field of social health care sector.

 

Towards achieving betterment in the health care biotech industry, therapeutic gadgets creator GE Healthcare and Consortium for Affordable Medical Technology (CAMTech), an arm of the Massachusetts General Hospital Center for Global Health, will collaborator together to lead a ‘First Mile Challenge’. The ‘First Mile Challenge will empower GE health care to expand on a pipeline of issues that should be tended to enhance medicinal services advancements in India. The ‘First Mile Challenge’ goes for sourcing and supporting wellbeing developments for low and medium salary nations. The tie up between GE and CAMTech to focus on maternal and childcare, heart care and safe surgery areas of health care system.

 

Important Startup mention of India:

Saurabh Arora collaborated with his previous work associate Rahul Narang and established Lybrate, an online specialist forum point in May 2014. It permits clients to speak with specialists through SMS, voice and video from anyplace, at whatever time. Individuals can get their wellbeing inquiries responded in due order regarding free at the same time, for a discussion from a specialist of their decision, they need to pay the meeting charge as set by the specific doctor. Clients can likewise book a meeting with their preferred specialist, in the event that they wish to visit the center. The authors contributed near Rs 10 lakh to begin operations and, in August 2014, their startup got a subsidizing of Rs 7 crore ($1.23 million) from Nexus Venture Partners. In July 2015, it got a further financing of Rs 61 crore ($10.2 million) from Tiger Global, Nexus and Ratan Tata, Chairman Emeritus of Tata Sons.

Read more: The Economics Times

Share
populars

Clinical trials for CAR T-cells therapy results...

12 Jul, 16

Bright future of Biotech Industry in India

12 Jul, 16

Related Posts

Bio NewsBio Tech

BACTERIA THAT EATS METAL, PROCESSES CARBON ACCIDENTALLY...

Bio NewsMicro BiologyPublic Health and Issues

Gut bacteria improve type 2 diabetes risk prediction

Health, Food and Fitness

Stem cell therapy: why we need to be suspicious about...

mm
biostandadmin

Leave a Reply Cancel reply

You must be logged in to post a comment.

View more jobs >>

Face of the month - February

A career in research is always challenging more so because the techniques and technologies are changing fast. One has to keep updated about the kind of work going on globally. Securing grants for your research is however the toughest challenge. Mentoring students and solving their problems also becomes quite challenging at times. - Dr. Charu Lata

Raising Talents

The moment he granted me a seat, the news spread like anything. The principal called Mr. Sahu and almost every person laughed at me. I was a very simple girl from middle-class family. Many unwanted suggestions poured in. But I think I was destined to be here. Days went by. At the end of every year, a mining student has to go for training in mines.

Most Viewed

Bio TechCareer

Best List of Biotech Internships in India

Agriculture

Evolution of Fruits and Vegetables –...

Most Commented

5 biologists to receive Elsevier Foundation...

06 Sep, 16

Career Talks on Biotechnology and Bioinformatics

04 Jan, 17

World Health/Biotech News

[wp-rss-aggregator limit="50" pagination="false"] View more >>

News By Category

  • Agriculture (73)
  • Bio News (146)
  • Bio Tech (103)
  • Career (40)
  • Earth and Environment (101)
  • Health, Food and Fitness (125)
  • Innovation & Technology (35)
  • Interview Series (11)
  • Micro Biology (1)
  • Pharmacy (98)
  • Public Health and Issues (144)
  • Startups (61)
  • Uncategorized (3)
  • Women Health (78)
  • Women in STEM (9)
  • Women safety (1)

Archives

  • July 2020
  • June 2020
  • November 2019
  • October 2019
  • July 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016

Recent Posts

BACTERIA THAT EATS METAL, PROCESSES CARBON...

22 Jul, 20

Gut bacteria improve type 2 diabetes risk...

06 Jul, 20

Stem cell therapy: why we need to be suspicious...

24 Jun, 20

PHAR-EAST 2020

The 3rd edition of Phar-East is happening in Singapore from 31 March to 1 April 2020. It is your chance to network with over 1,000 leading experts from across Asia and gain insights about the latest trends in the pharma and biotech industry.

  • Home
  • Our Mission
  • Privacy Policy
  • Advertise with us
  • Memberships