Narayana Health, Mazumdar Shaw Medical Foundation launch MSMF MedTech Innovation Centre in Bengaluru
Bangalore: Narayana Health in association with Mazumdar Shaw Medical Foundation recently announced the launch of a physical incubator called Mazumdar Shaw Medical Foundation (MSMF) MedTech Innovation Centre - BIRAC BIONEST.
A centre with a dedicated space of around 8000 sqft Mazumdar Shaw Medical Foundation (MSMF) MedTech Innovation Centre - BIRAC BIONEST will help MedTech entrepreneurs who are looking to address affordability, access and innovation challenges in the healthcare eco-system. The MedTech Innovation Centre will also augment further the initiatives undertaken by Mazumdar Shaw Medical Foundation and Narayana Health towards identifying, mentoring and handholding entrepreneurs and innovators in their journey to success. The space will facilitate close interaction and prototyping facility too for startups.
The centre was inaugurated in the presence of Ms. Kiran Mazumdar-Shaw, Founder, Mazumdar Shaw Medical Foundation (MSMF) and Chairperson, Biocon, Dr Devi Prasad Shetty, Founder and Chairman, Narayana Health, Dr Paul C Salins, Medical Director & Sr. Vice-President - Mazumdar Shaw Cancer Centre, Narayana Health and Managing Director, MSMF along with Dr Manish Diwan, Head of strategy BIRAC.
Ms. Kiran Mazumdar-Shaw, Founder, Mazumdar Shaw Medical Foundation (MSMF) and Chairperson, Biocon said, "India has the potential to become the next global R&D hub for biomedical devices and health technologies, and the Mazumdar Shaw Medical Foundation (MSMF) MedTech Innovation Centre at Narayana Health City, in collaboration with BIRAC will help explore this potential. It will provide health tech entrepreneurs a well-equipped incubation space and a collaborative ecosystem. Through MSMF MedTech Innovation Centre we aim to fill the gap in healthcare innovation to have a single platform for entrepreneurs to co-create and identify clinical challenges in conjunction with doctors, scientists and technology enthusiasts. The wealth of research and medical data generated at Narayana Health will provide a translational science model, accelerating the lab to market journey of innovative and promising solutions discovered and developed at MSMF MedTech Innovation Centre."
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