India, March 31 -- What new initiatives are planned to attract and nurture more startups in the life sciences sector?

In 2024, the incubator onboarded10 new startups and 38 existing startups, for a total of 48 startups in the life sciences, biosciences, and healthcare sectors. To attract more startups, we conducted around 57 programmes to build partnerships with innovators from universities and R&D organisations, as well as startups and MSMEs.

The incubator is now focused on expanding and diversifying its incubation services and programmes to support innovators and startups. Plans include the augmentation of Bioincubator facilities with an additional 10,000 sq ft of space. A Clinical Validation Hub will be launched specifically for medt...