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West Pharmaceutical Services partners with IIT Palakkad for Medtech CoE
Hyderabad: West Pharmaceutical Services, which provides innovative solutions for injectable drug and healthcare products, partnered with TECHIN, a Technology Innovation Foundation of IIT Palakkad that focuses on assisting innovation and incubation for budding entrepreneurs, to build a Medtech research Centre of Excellence (CoE). The company has its sales office in Hyderabad and a manufacturing unit […]
West Pharmaceutical Services aims to help startups with the CoE.
Hyderabad: West Pharmaceutical Services, which provides innovative solutions for injectable drug and healthcare products, partnered with TECHIN, a Technology Innovation Foundation of IIT Palakkad that focuses on assisting innovation and incubation for budding entrepreneurs, to build a Medtech research Centre of Excellence (CoE).
The company has its sales office in Hyderabad and a manufacturing unit at Sri City, Chittoor, Andhra Pradesh.
The Medtech research CoE will enable access to healthcare and medical technology by developing an ecosystem of academia, hospitals, and the industry to promote local entrepreneurship. To achieve this objective, West’s medical expertise with IIT’s incubation model will be combined to advance research and development in medical technology.
The engagement will be carried out by West’s Digital Technology Center (DTC) in Bengaluru which will be directly working with TECHIN’s team throughout this partnership. To support the startups in the programme, West will be providing a non-commercial version of its ‘medical device connectivity platform’ to support the development of connected med-tech equipment. Additionally, West will mentor and may fund startups through the CoE.
Speaking on the partnership, Anoop Madhusudanan, VP, Digital Marketing & Digital Platforms at West said, “The intersection of medicine and technology is yet to be explored to its depth and has transformative abilities in providing access to healthcare and ease of patient care.”
“The partnership with West will enable us to make advancements in medical technology. We expect researchers and innovators to take advantage of TECHIN’s unique incubation model and West’s expertise in medical devices and health technology to accelerate development of technologies that will ultimately benefit the society,” said P B Sunil Kumar, director, IIT Palakkad and chairman TECHIN.
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