The biotechnology industry is undergoing a profound transformation due to evolving economic uncertainties and intricate supply chain management challenges. Moreover, it operates within a highly regulated environment characterised by stringent regulations. Notably, the post-pandemic era has introduced novel standards, further disrupting the landscape. Consequently, companies must adapt to changing market dynamics to sustain growth and seamlessly introduce products to consumers.
Recognising these factors, Abhignya Biotech Innovations has successfully propelled the industry’s growth by introducing authentic, innovationdriven, and environmentally friendly concepts while establishing robust partnerships. Notably, the company commenced its journey as a training centre for students in bioinformatics, drawing upon the expertise of its founder, Dr Sambashiva Daravath who held an assistant professor position at Nizam College (A), Osmania University. Recognising the growing attention garnered by biotechnology during the pandemic, Dr Daravath shifted his focus from academic research to addressing practical challenges. In response to the adverse effects of chemical repellents on human health, he developed ALSET, an innovative herbal repellent (alcoholfree) that employs nanotechnology and natural ingredients to safeguard individuals against diseases such as dengue and chikungunya.
Supporting Sustainable Healthcare Through Innovation
Abhignya Biotech Innovations' journey commenced with the aspiration to bridge the gap
between academic research and industry innovation in biotechnology, providing exceptional products and service delivery capabilities. In 2020, the company embarked on its consulting journey and has since evolved into a comprehensive provider of training, workshops, and online courses in bioinformatics, molecular biology, and biotechnology.
Abhignya Biotech Innovations collaborates with educational institutions in Telangana to develop curricula and host training seminars for students and staff. Presently, the company operates as Abhignya Biotech Innovations, a startup registered with the Ministry of Small and Medium Enterprises (MSME).
Furthermore, the company’s commitment to innovation extends to accepting interns and providing them with training from industry and academic experts, equipping them to transform lab results into market-ready solutions.
“Our unwavering commitment is to transform laboratory concepts into sustainable healthcare solutions”, asserts Dr Sambashiva Daravath, Managing Director, Abhignya Biotech Innovations. To attain the highest quality standards, the company partners with prominent institutions in Hyderabad, such as the Atal Incubation Centre CCMB and the Centre for Fermentation and Microbial Technology (CFMT), offering frequent learning opportunities and unwavering support.
Through collaborations with incubators and regulatory agencies, Abhignya Biotech Innovations maintains compliance and upholds exceptional quality standards, positioning itself as a leader in fostering innovation in biotechnology.
Abhignya Biotech Innovations' growth has been catalysed by the fusion of robust academic expertise with innovative market ideas. Collaborating with the National Institute of Virology and presenting ALSET at events like Global Bio India and BioAsia has swiftly enhanced the company’s visibility.
Strong partnerships with nearby educational institutions and a robust research base empower Abhignya Biotech Innovations to advance in public healthcare, nutritious beverages, and skin moisturisers, ensuring the wellbeing of future generations.
Pioneering Sustainable Healthcare & Innovation
Abhignya Biotech Innovations' vision is to disrupt the biotechnology landscape through a strategic plan. Abhignya Biotech Innovations has decided to establish Abhignya Biotech Innovation Hubs at various academic institutions in Hyderabad to provide support and guidance to students and teachers in embarking on entrepreneurial journeys.
These hubs will collaborate with government and industry partners to assist new ideas from development to commercial success, enhancing the process from laboratory to market. The company’s annual strategy involves identifying critical issues in the healthcare industry, assembling specialised teams, and subsequently innovating, obtaining regulatory approvals, and introducing products to the market on a quarterly basis.
A Promising Vision
Abhignya Biotech Innovations envisions transforming laboratory concepts into sustainable healthcare solutions, driving meaningful innovations and fostering the growth of the biotech industry.
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