Best of 5 Bio-Technology Comapnies In India

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We help ourcustomers acceleratelife sciences research,solve complexchallenges, improvesuccess, and increaselab productivity.Mrs Vaishali Sharma,CEO26 | May 2022 | www.insightssuccess.in
Best of 5 Bio-Technology Companies In IndiaNirav BiosolutionsPrivate LimitedLeading a New Global Era of BiotechnologyIn the modern era, biotechnology has become thefoundation of global healthcare. Although prior to thepandemic, the industry was moving at a constant pacethrivingto keep up with the expectations. However, newdiseases and viruses were becoming regular, while only ahandful of people with scientific insights and interest werewilling to invest in the R&D of the healthcare and lifesciences.That was also in mostly foreign countries and not in India.These foreign companies would establish their regionaloffice in the country. Still, they would struggle to getprecise professional talent and students keen on taking upmedical R&D as their future career. All this happened wheneverybody understood that R&D is the backbone of theentire life science, healthcare, and biotechnology industry.While working at two giant pharmaceutical companies,initially as a Professional Service Officer at Pfizer and as aRegional Manager of the west zone at Millipore, PravinSharma observed this for almost eight years before beingready to provide a solution for sure in the form of NiravBiosolutions Pvt Ltd, a Life Science companyincorporated in 2012. Soon, his wife, Mrs VaishaliSharma, joined him and the company as a CEO.A Purposeful InnovationVaishali shares, “Incorporated in March 2012, we havecompleted ten years of serving life science. We help ourcustomers accelerate life sciences research, solve complexchallenges, improve success, and increase labproductivity. Through our premier, we offer an unmatchedcombination of innovative technologies, purchasingconvenience and comprehensive services. We providescientists and engineers with best-in-class lab materials,technologies and services.”The founders clearly envision adding value to its esteemedclients in Life Science Research. Strategically everyinitiative was driven with a clear thought to bridge gaps andprovide a solution to researchers.Initially, Nirav started as a biotech trading company with asmall team of technically competent people who couldunderstand applications in life science and provideappropriate solutions.Vaishali adds, “Within one year of inception, we foundourselves a favourite among Biotech Product Manufacturerswho believed in our technical capabilities. We have theprivilege of working with some of the best brands in theindustry like Thermo Fisher Scientific, Invitrogen, BDBioscience, and Pall Lifesciences in the early phase of ourbusiness.”Turnaround and TurnoverTo begin with, Nirav Biosolutions worked for customers inthe peripheries of Pune. Still, soon it was given anopportunity to work with some elite customers in Pune likeCSIR-NCL, ICMR-NIV and NCCS among the centralgovernment institutes and Lupin Limited, GennovaBiopharmaceuticals and Emcure among the Pharma sectors.Although it grew at a decent pace in the initial years, it wasnot taking up big projects because of the financiallimitations of the organization. The first big project it tookup was in 2016, when it set up a functional Genomics Labat Chitale Dairy for their Buffalo breading program.27 | May 2022 | www.insightssuccess.in
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