Thursday, 02 April 2020

C-CAMP inks LoI with University of Basel

20 February 2020 | News

To set in motion the Indo Swiss Life Sciences Sister Innovation Hub: Bangalore-Basel Research and Innovation Corridor

image credit- shuttershock.com

image credit- shuttershock.com

The Centre for Cellular and Molecular Platforms (C-CAMP), India’s premier bio-innovation hub has signed a LoI with University of Basel, one of the world’s leading life science clusters and headquarters to globally leading companies in pharma, life science and medical technologies.

The LoI is a formal initiation of the Indo Swiss Life Sciences Sister Innovation Hub, a forerunner of a dedicated Bangalore-Basel Innovation Corridor that aims to promote deep science and deep tech innovations with societal impact in life sciences in both countries. The focus areas of the agreement are health-tech, digital health, precision medicine and anti-microbial resistance (AMR) among other areas.

As per the agreement the Hub will provide a soft landing pad for Indian startups and innovators in the life sciences and biotech domains expanding in Swiss markets and vice versa.

Innovation cannot happen in isolation especially in view of current global challenges. With this overarching theme, C-CAMP and Basel University are collaborating to foster bilateral innovation ties between the two ecosystems by acting as a point of entry for innovators, startups and entrepreneurs diversifying into either geography. It will also open up incubation facilities, top-of-the-line technology platforms, knowledge and business networks in both ecosystems. The primary aim would be to galvanize global networks of excellence and support systems for the top startups and researchers innovating at the cutting-edge of modern science in India and Switzerland.

Swissnex India had connected both institutions last year and facilitated a visit of the Principal Scientific Advisor to Govt. of India, Prof  K. VijayRaghavan at the University of Basel, where the partnership with C-CAMP was discussed for the first time. Swissnex India will continue to support the life sciences activities between Basel and Bangalore and this Innovation Sister Hub.

The LoI was signed at C-CAMP by Christian Elias Schneider, Head, Innovation & Entrepreneurship, University of Basel and Dr. Taslimarif Saiyed, CEO and Director, C-CAMP in the presence of Mr. Sébastien Hug, CEO & Consul General, Swissnex India. It marks the inking of the fourth such international Sister Innovation Hub by CCAMP in a move to leverage global innovation ecosystems beyond India.

On the occasion of the signing, Christian Elias Schneider said – “Science-based innovations are key to breaking new ground in healthcare. Basel and C-CAMP are two leading research and innovation ecosystems in this domain. The new Bangalore Basel Corridor will intensify links between these two powerhouses and facilitate greater exchange of knowledge and expertise.

Dr Taslimarif Saiyed said “This bilateral innovation tie is aimed at making healthcare solutions more effective, accessible and affordable for all. With the Corridor we are targeting at more digital health interventions, the need of the hour in low-resource settings.” 

"We are happy to have built a new bridge between Bangalore and Basel. This research and innovation corridor will pave the way for both Indian and Swiss startups access technology platforms in each other's geography and benefit the life sciences’ sector in a big way", added Sebastien Hug, CEO of Swissnex India and Consul General of Switzerland

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