CIO Insider

CIOInsider India Magazine

  • CioInsiderIndia, Team

    CioInsiderIndia, Team

  • It's a time when the whole world is looking at the pharma industry with a great sense of hope. The growth projections of the industry is closely tethered with this hope. According to Grand View Research, the global pharmaceutical manufacturing market size, which was valued at $324.42 billion in 2019, is anticipated to grow at a CAGR of 13.74 percent from 2020 to 2027. The global life science analytics market is also predicted to have a growth (CAGR) of 7.9 percent from 2020 to 2027. The growth, however, is driven by the investments made towards technology adoption and in turn the futurification of manufacturing facilities & researches. The story is no different in India, the largest provider of generic drugs globally. According to IBEF, the Indian pharmaceutical sector satisfies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US, and 25 percent of all medicine in the UK.

  • A Mission To Change The Face Of Pharma Industry

Opportunity for Radical Change in Healthcare Approach

By: Sujith Vasudevan, Managing Editor

In the aftermath of the pandemic, the Pharma & Life Sciences industry is at a watershed moment. It's of paramount importance for a populous country like India to turn this sudden change of

Leveraging It To Ensure Data Integrity In Pharmaceutical

By: Deepak Saini, Director ­ IT, Dr. Reddys Pharmaceuticals LLC, NAG Region

Indian pharma generics companies account for around 30 percent (by volume) and about 10 percent (value) in the US$ 70-80

10 Most Recommended Pharma & Life Sciences Startups - 2020

Healthcare Tech: Implementing a Complete Digital Healthcare Facility

By: Mohanachandran, Head-Information Technology, Meitra Hospital

Technology has transformed nowadays to be the utmost solution, to face workflow challenges of hospitals. This has to be thought out from

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Pharma Industry is Waking up to the Digital Revolution

By: Mritunjay Mishra, Segment Head ­ IT, Schneider Electric

Digitization is disrupting businesses across all industries. And, although slow to implement at first, the pharma and healthcare industries are

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AI is No Magic: Four Steps to Get Your Organization Started on its AI Journey

By: Sandeep Alur, Director, Microsoft Technology Center, Microsoft India

For decades, artificial intelligence (AI) has demonstrated its heartbeat via the predictive power it possesses and the profound impact

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IoT opens new avenues for improving healthcare practices

By: Rishi Mohan Bhatnagar, President, Aeris India

The expanding interface between IoT and healthcare affords immense opportunities for enhancing patient experience, data management and outcomes. As Internet of Things (IoT) carves

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Statistics in Pharma; Boon or Bane

By: Anoop Naik, Pharma Professional - Validation/QMS Lead

The pharmaceutical industry is widely known for its use of statistics in different areas of its enclosure. Statistics has now been an integral part of the drug lifecycle, starting from drug development,

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How IoT is Making Transportation Industry Smarter

By: Sameer Mahapatra, VP & Country Head - India & SAARC, Aeris Communications

With the world advancing towards the concept of adopting new technologies, the Internet of Things has undoubtedly become one of the key drivers for large businesses to grow.

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Navigating the New Normal: How Brands Can Re-strategise to Create Meaningful Experiences for Consumers

By: Vipin Pungalia, Director, Professional Segment, Sennheiser India

This pandemic has twisted our lives in more ways than we could imagine. The world that is grappling in the health crisis has also severely affected businesses across the world.

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  • 10 Most Recommended Pharma & Life Sciences Startups - 2020

    It's a time when the whole world is looking at the pharma industry with a great sense of hope. The growth projections of the industry is closely tethered with this hope. According to Grand View Research, the global pharmaceutical manufacturing market size, which was valued at $324.42 billion in 2019, is anticipated to grow at a CAGR of 13.74 percent from 2020 to 2027. The global life science analytics market is also predicted to have a growth (CAGR) of 7.9 percent from 2020 to 2027. The growth, however, is driven by the investments made towards technology adoption and in turn the futurification of manufacturing facilities & researches. The story is no different in India, the largest provider of generic drugs globally. According to IBEF, the Indian pharmaceutical sector satisfies over 50 percent of global demand for various vaccines, 40 percent of generic demand in the US, and 25 percent of all medicine in the UK. Going forward, the Indian pharmaceutical sector is expected to hit $ 100 billion by 2025. The industrialists predict that the pharmaceutical and life sciences analytics industries will be on top of the investment lists in 2021, creating a lot of opportunities for the startups in the segment. The time couldn't be any better to recognize a bunch of amazing startups in the sector that are endeavoring to engender a more robust stronger healthcare proposition in the country. CIO Insider has come up with a list of `10 Most Recommended Pharma & Life Sciences Startups ­ 2020', which comprises companies that have significantly flexed their innovative muscles to drive technology towards making pharmaceutical manufacturing & life sciences analytics better. The following list has undergone strict scrutiny by a panel of experts that include industry veterans & subject matter experts, CMOs, CEOs, analysts, and the CIO Insider editorial team.

Company Logo Company Name Company Management Company Description
Clinevo Technologies Clinevo Technologies Arunkumar Devaraj, Director Provides cloud-based, regulatory compliant and cost-effective software solutions for clinical trials and pharmacovigilance
E Scientia Laboratory Essentials E Scientia Laboratory Essentials Omkaranath B, Business Director A leading Microbiology, Quality Control products, services provider catering to Pharmaceutical and Biotechnology industries
e-nnovation Life Sciences: Setting New Standards in Biotechnology & Healthcare Business e nnovation Life Sciences Anuj Singh, Founder & Director A group venture of e-nnovation BioDiscovery Private Limited, e-nnovation is one of the fastest growing technology startups in the country, offering technology, services & solutions for Biotechnology & Healthcare sectors
Hylasco Bio Technology Hylasco Bio Technology Dr. Balaji Bhyravbhatla, Managing Director Endeavoring to reduce drug discovery costs by providing animal models in a cost effective way to the Indian Pharma and Biotech sectors
Molbiogen Molbiogen Pranjal Sharma, Director Providing solutions for Molecular Biology Research and Molecular Diagnostics attuned with state of the art, reliable and affordable diagnostics kits and equipment
Nuvox Healthcare: Establishing the Concept of 'Good' Healthcare Nuvox Healthcare Kali CharanChoudhary, Co-Founder & Director Advocating for a new hope of good health and happiness of wellbeing through its novel, Phytopharmaceutical products and support services
PharmaACE PharmaACE Harjot Singh, President Being a life science-focused company; it provides analytic solutions for the efficient commercialization of pharmaceutical products
Quantumzyme Quantumzyme Naveen Kulkarni, CEO A biotransformation company, offering customer-centric research to enhance enzyme activity, selectivity and specificity by applying novel Quantum Mechanics, Molecular Modelling and engineering approaches
Stature Life Sciences: Delivering High-quality Pharmaceuticals at Right Time Stature Life Sciences Hemalatha Jayaraman, Managing Director Manufacturer of Cardio, Diabetes, and Women-Health drugs who sets benchmarks for safety, quality, and value in the discovery and development of healthcare products
Visionary Life Sciences: Creates Life-Changing Healthcare Technologies Visionary Lifesciences Yatin Kantak, Co-Founder, Neel Bhende, COO A high-end software & mobile platform, catering to life-changing technologies to labs, government sector, and corporate sector