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BIRAC invites proposals from biotech cos under BIPP scheme
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Ramesh Shankar, Mumbai
July 21 , 2015
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The Biotechnology Industry Research Assistance Council (BIRAC), under
its advanced technology scheme Biotechnology Industry Partnership
Programme (BIPP), has invited fresh proposals from biotech companies for
providing support on a cost sharing basis targeted at development of
novel and high risk futuristic technologies mainly for viability gap
funding and enhancing existing R&D capacities of start-ups and SMEs
in key areas of national importance and public good.
Key features
of this programme are that it is an advanced technology scheme for high
risk, transformational technology/ process development from
proof-of-concept to validation leading to high value product
commercialisation. It supports new and futuristic technology development
with major social bearing but uncertain market driven demand and it
also supports start-ups, SMEs and other biotech companies on cost
sharing basis.
A single or consortia of Indian company (ies)
registered under 'The Indian Companies Act 2013' with minimum 51 per
cent Indian ownership, and DSIR recognised in-house R&D unit, are
eligible to participate in this programme either alone, or in
collaboration with a partner from another company, institute or
university.
Eligible categories and corresponding relevant areas
of this project include antivirals-preclinical toxicity, bio- medical
devices and instruments, bioenergy, bioinformatics, computational,
environmental biotechnology, formulational development, health care
clinical trials, health-care, healthcare-molecular biology, healthcare-
preclinical, healthcare-cardiology, healthcare-diagnostics,
healthcare-oncology, healthcare-vaccines, biosimilars, biologicals,
healthcare- drug discovery and development, industrial products and
processes, new drug discovery, development, nutraceuticals, etc.
BIRAC,
a public sector undertaking of department of biotechnology (DBT), has
been set up to nurture the biotech innovation ecosystem, support
start-ups and SMEs for innovation research and promote affordable
product development through public-private partnership.
The interested biotech companies can apply for the proposal till July 31 this year.
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