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IISc and BFI team up to maximise translational research projects

The Indian Institute of Science (IISc) and Blockchain For Impact (BFI) have teamed up to maximise translational research projects where the latter aims to allocate US$1 million. The collaboration, under the BFI-Biome Virtual Network Programme, will see BFI to support various research projects at the IISc.

The funding is over the course of three years, for the BFI-Biome Virtual Network Programme and support collaborative projects aimed at translating research outcomes into tangible healthcare solutions. Under the partnership, BFI-Biome will support selected research projects in life sciences from IISc faculty. It is expected that two to three projects will be supported every year.

Sandeep Nailwal, founder of BFI, said that with a US$ 15 million programme dedicated to advancing biomedical research and innovation in India, the BFI Biome initiative exceeds traditional boundaries by integrating both upstream and deep science, creating an environment that drives innovation leading to transformative health solutions. This programme aims to bring together leading researchers, technologists, and innovators to collaborate and innovate to drive the next generation of intervention for improved healthcare. By partnering with eminent research institutes in India, BFI Biome seeks to support initiatives that have the potential to revolutionise healthcare delivery in India and the global south, he added.

IISc is advancing biomedical research and innovation in India. We aim to act as catalysts, collaborating with partners to forge multi-sectoral alliances that deliver long-term, equitable medical preparedness mechanisms. And while funding is one key aspect, our commitment to the cause goes beyond financial support. Through our biomedical research and innovation arm, district-level full-stack partnerships, and process-driven innovation funding and support, we are working towards addressing critical gaps in India’s healthcare infrastructure, said Dr Gaurav Singh, CEO, BFI.

By leveraging the strengths of eminent Indian institutes, we aim to support cutting-edge translational research projects that have the potential to strengthen healthcare in the country. Through the BFI-Biome Virtual Network Programme, we are committed to supporting collaborative initiatives that address key healthcare challenges and drive positive change, said Dr Pooja Agrawal, programme director, BFI,

Prof Govindan Rangarajan, IISc director, emphasised the importance of collaboration in driving innovation, stating, “IISc is delighted to partner with BFI in this endeavour. By harnessing the expertise of our researchers and leveraging the funding support provided by BFI, we aim to accelerate the translation of scientific discoveries into impactful healthcare solutions. This collaboration is an important step in ‘bench-to bedside’ innovation. It also exemplifies our continued commitment to advancing knowledge and driving positive societal impact.”

According to Dr Satya Prakash Dash, senior advisor, BFI, IISc has nurtured several deep science platform initiatives for greater societal benefit. Our collaboration intends to strengthen innovation through bringing multidisciplinary teams that is akin to an ecological ecotone with the potential to develop transformative biomedical solutions through nurturing exciting translatable ideas.

Our medical school will create the next generation of physician-scientists in India by fostering interdisciplinary research to address the healthcare needs of the world. Access to funding is a precursor towards the achievements of these objectives, noted Prof Navakanta Bhat, Dean of Interdisciplinary Sciences, IISc.