India’s biotechnology sector has seen significant growth, driven by a combination of innovative research, increasing demand for biotech products, and strong government support. Here are ten notable biotech startups in India that are making a mark in 2024:
1.Serum Institute of India
| Aspect | Details |
|---|---|
| Founded | 1966 by Cyrus Poonawalla |
| Headquarters | Pune, India |
| Key Products | Vaccines (e.g., Covishield, measles, polio, rubella) |
| Global Reach | Exports to over 170 countries |
| Innovations | Largest vaccine producer, significant role in COVID-19 pandemic |
| Collaborations | Collaborated with AstraZeneca and Oxford University for Covishield |
| Impact | Improved global health with affordable vaccines |
| Website | Serum Institute of India |
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- Global Impact: Produces over 1.5 billion doses of vaccines annually, exporting to more than 170 countries.
- COVID-19 Response: Played a crucial role in the pandemic by rapidly scaling up production of the Covishield vaccine.
- Innovative Products: Known for vaccines against diseases such as measles, polio, and rubella, making significant contributions to global health.
2.Biocon
| Aspect | Details |
|---|---|
| Founded | 1978 by Kiran Mazumdar-Shaw |
| Headquarters | Bangalore, India |
| Key Products | Insulin, biosimilars, cancer drugs |
| Global Presence | Markets in over 120 countries |
| Innovations | Pioneering in biopharmaceuticals, strong R&D |
| Collaborations | Partnership with Mylan for biosimilars |
| Recognition | One of the top biotech companies globally |
| Website | Biocon |
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- Research and Development: Pioneering in the field of biopharmaceuticals, with significant contributions to insulin, biosimilars, and novel biologics.
- Global Presence: Exports products to over 120 countries, with a strong market presence in the US and Europe.
- Partnerships: Collaborated with global pharmaceutical companies like Mylan to develop and commercialize biosimilars.
3.Bharat Biotech
| Aspect | Details |
|---|---|
| Founded | 1996 by Dr. Krishna M. Ella |
| Headquarters | Hyderabad, India |
| Key Products | Vaccines for typhoid, hepatitis B, rotavirus, Japanese encephalitis |
| Global Reach | Supplies vaccines to over 65 countries |
| Innovations | Developed the world’s first clinically proven rotavirus vaccine |
| Impact | Significant contributions to global vaccine development |
| Recognition | Multiple national and international awards |
| Website | Bharat Biotech |
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- Vaccine Innovation: Developed vaccines for hepatitis B, typhoid, and chikungunya, among others.
- Global Reach: Supplies vaccines to over 65 countries, impacting millions of lives globally.
- Recognition: Received several national and international awards for innovation in biotechnology.
4.Pandorum Technologies
| Aspect | Details |
|---|---|
| Founded | 2011 by Dr. Tuhin Bhowmick and Dr. Arun Chandru |
| Headquarters | Bangalore, India |
| Key Products | Bio-engineered human tissues (liver and cornea) |
| Innovations | Tissue engineering for drug discovery and testing |
| Funding | Supported by government and private organizations |
| Collaborations | Partnerships with pharmaceutical companies |
| Recognition | Leading biotech startup in tissue engineering |
| Website | Pandorum Technologies |
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- Tissue Engineering: Focuses on creating 3D-printed human liver and cornea tissues for medical research and therapeutic applications.
- Drug Testing: Their bio-engineered tissues provide more accurate models for drug toxicity and efficacy testing, reducing the reliance on animal testing.
- Funding and Collaborations: Secured funding from various government and private organizations, collaborating with leading pharmaceutical companies.
5.Strand Life Sciences
| Aspect | Details |
|---|---|
| Founded | 2000 by Dr. Vijay Chandru |
| Headquarters | Bangalore, India |
| Key Products | Genomic sequencing, Strand NGS platform |
| Innovations | Precision medicine, bioinformatics, clinical genomics |
| Global Impact | Popular choice for genomic research and clinical applications |
| Recognition | Significant contributions to life sciences |
| Website | Strand Life Sciences |
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- Genomic Services: Offers comprehensive genomic sequencing and data analysis services, aiding in the understanding of genetic diseases.
- Precision Medicine: Develops personalized medicine solutions, helping tailor treatments based on individual genetic profiles.
- Academic and Commercial Impact: Works with academic institutions and commercial entities worldwide, advancing the field of life sciences.
6.Axio Biosolutions
| Aspect | Details |
|---|---|
| Founded | 2008 by Leo Mavely |
| Headquarters | Bangalore, India |
| Key Products | Axiostat hemostatic dressing |
| Innovations | Advanced wound care, surgical products |
| Market Penetration | Widely used in hospitals and military applications |
| Recognition | Leading innovations in healthcare technology |
| Website | Axio Biosolutions |
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- Innovative Products: Axiostat, a hemostatic dressing, has been crucial in emergency and surgical care for stopping severe bleeding.
- Market Penetration: Products are widely used in hospitals and military applications across India and internationally.
- Growth and Expansion: Continuously expanding its product portfolio and geographical reach, with a focus on advanced wound care solutions.
7.Oncostem Diagnostics
| Aspect | Details |
|---|---|
| Founded | 2011 by Manjiri Bakre |
| Headquarters | Bangalore, India |
| Key Products | CanAssist-Breast diagnostic tool |
| Innovations | Cancer diagnostics, precision medicine |
| Clinical Validation | Extensive clinical trials and regulatory approvals |
| Impact | Improved cancer treatment and patient outcomes |
| Website | Oncostem Diagnostics |
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- Cancer Diagnostics: Developed CanAssist-Breast, a tool for predicting breast cancer recurrence, aiding in personalized treatment plans.
- Clinical Validation: The tool has undergone extensive clinical trials and received regulatory approvals in multiple regions.
- Innovation in Oncology: Focuses on precision medicine, improving cancer diagnosis and treatment outcomes.
8.Forus Health
| Aspect | Details |
|---|---|
| Founded | 2010 by K. Chandrasekhar |
| Headquarters | Bangalore, India |
| Key Products | 3nethra eye screening device |
| Innovations | Affordable, portable eye care solutions |
| Accessibility | Reached remote and underserved areas |
| Recognition | Multiple awards for healthcare innovation |
| Website | Forus Health |
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- Eye Care Solutions: 3nethra devices have transformed eye care by providing affordable, portable, and efficient screening for various eye conditions.
- Accessibility: Their technology has reached remote and underserved areas, significantly improving access to eye care.
- Recognition and Awards: Received multiple accolades for innovation in healthcare technology.
9.Zumutor Biologics
| Aspect | Details |
|---|---|
| Founded | 2013 by Kavitha Iyer Rodrigues |
| Headquarters | Bangalore, India |
| Key Products | ZM008 immuno-oncology therapeutic |
| Innovations | Monoclonal antibodies for cancer treatment |
| Research Focus | Immuno-oncology, targeted cancer therapies |
| Recognition | Leading innovations in immuno-oncology |
| Website | Zumutor Biologics |
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- Immuno-Oncology: Specializes in developing monoclonal antibodies for targeted cancer therapy.
- Research and Development: Their lead product, ZM008, shows promising results in preclinical studies, aiming to enhance cancer treatment.
- Technological Innovation: Utilizes advanced biotechnology platforms for drug discovery and development.
10.Yapan Bio
| Aspect | Details |
|---|---|
| Founded | 2020 by Subhakar Rao Surapaneni |
| Headquarters | Hyderabad, India |
| Key Services | CDMO for biologics and vaccines |
| Innovations | Gene therapy, monoclonal antibodies |
| Industry Impact | Supporting global health initiatives, comprehensive CDMO services |
| Website | Yapan Bio |
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- CDMO Services: Provides comprehensive services in the contract development and manufacturing of biologics and vaccines.
- Technological Expertise: Focuses on gene therapy, monoclonal antibodies, and other cutting-edge biologics.
- Industry Impact: Addresses the growing demand for biopharmaceutical manufacturing solutions, supporting global health initiatives.
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