HomeIndiaPfizer Collaborates with NIPER (Ahmedabad) to Support Healthcare Innovation in India

Pfizer Collaborates with NIPER (Ahmedabad) to Support Healthcare Innovation in India

INDovation launch

Pfizer has announced a collaboration agreement with the National Institute of Pharmaceutical Education & Research (NIPER), Ahmedabad.

This collaboration will support healthcare startups in turning their innovative ideas into market-ready solutions. 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, through which 34 startups in India have already been supported through funding and incubation to bring their breakthroughs to market.

Together, Pfizer, NIPER Ahmedabad and Social Alpha will be looking for innovations at TRL levels 3 or higher in the areas of deep tech and artificial intelligence for predictive analysis, point-of-care testing, SaaS, informatics and wearables and track and trace solutions.

This initiative will follow a cohort-based approach with the aim of selecting 6 innovators pan-India, that will be incubated at NIPER Ahmedabad. Startups with a proof-of-concept that matches the set mandate will be selected for a one-year accelerator program. Each of these startups will receive incubation support in areas of product development, regulatory pathway, pre-clinical testing, tech transfer support through NIPER ecosystem and real-world clinical fitment check. The program will provide funding up to Rs. 25 lacs to each selected startup.

Startups are encouraged to apply on www.pfizerindovation.com

VCWire

29/02/2024