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What makes a successful entrepreneur in health care? Check this out. And join Biopreneur program at EDI,Ahmedabad
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DNA of Biopreneur
A.S.Rao
Adviser-Innovation Clusters,FMC
http://www.indiainvents.blogspot.com/
Molecule millionaires
• Scientist turned promoter: Dr Anji Reddy (DPR), Ketan R Patel(Troikka), Krishna Ella (Bharat Biotech), Ramanbhai Patel(Cadia),
• Biopreneurs: Ranbir Singh & Gurbax Singh (Ranbaxy), UN Mehta (Torrent), VaraprasadReddy (Shanta Biotech), Raghavendra rao(Orchid)
Signature of success
• Master the virtuous cycle of knowledge management.
• Identify business opportunity, decipher key factors, relate to technology, acquire technology and raise the stock of Firm Specific Knowledge.
• Learn to network with knowledge partners and knowledge workers.
• Lead cluster formation as network orchestrator
Knowledge cycle
Business opportunity
Technology driver
Access knowledge
Acquire knowledge
Assimilate knowledge
Leverage knowledge
Take knowledge
dividend
Start next cycle
Opportunities
• Patents not enforced in India
• Drugs going off the patents
• Affordable health care
• 100 global technologies shortlisted by knowledge partner Sky Quest.
Patents not enforced in India
• http://www.globalinnovationcommons.org
• Buruli Ulcer, Dengue Fever, Dracunculiasis(Guinea Worm Disease), Leprosy, Lymphatic Filariasis, Malaria, Sickle Cell Anemia, Snake Bite, Spider Bite
Going off the patent
• 22 drugs will go off-patent in India by 2015-Rituxan, an anti-neoplastic mAbs from Roche; Lantus, an antidiabetics from Sanofi aventis; and Neulasta, an immunostimulants from Amgen; have record sales of $5.6 billion, $4.3 billion and $3.4 billion respectively. Similarly, Epogen from Amgen, Avonex from BiogenIdec, Eprex from Johnson & Johnson and Rebiffrom Merck, which reported sales of over $2 billion in 2009, will lose patents by 2013.
Affordable health care
• Service innovations: Eye care, Heart surgery, Tele medicine, remote monitoring of patients,
• Reverse innovations: from Innovators/ start-ups –Mosquito traps, infant warmers
• Non-profit design centers:
http://www.d-rev.org/index.html
Services needed
• Technology search, access, acquisition, negotiation
• Business plan
• Regulatory approvals
Biopreneur program
Opportunity Consultancy