Hyderabad, July 2022: L V Prasad Eye Institute (LVPEI) Incubator, funded under the BioNEST scheme of the Biotechnology Industry Research Assistance Council (BIRAC), launched the first in a series of Startup Social on 30th June 2022.
“Start-up Social organized by L V Prasad Eye Institute is a series of events aimed at energizing and nurturing a vibrant and collaborative ecosystem for healthcare start-ups. It is focused on providing a value-creating platform for the start-ups by converging innovators, clinicians, and other catalysts, and will be conducted monthly” says, Dr Ramesh Kekunnayya, Principal Lead, LVPEI Incubator, L V Prasad Eye Institute. LVPEI Incubator’s first Start-up Social was attended by clinicians, innovators, start-ups, other incubator leadership members, etc. It had panel discussions, case presentations and a tour of the incubator facility for the delegates. Dr Ajit Rangnekar, a board member of the Institution and Director General at Research and Innovation Circle of Hyderabad (RICH), Dr N Madhusudhana Rao, CEO of AIC-CCMB and Dr D Viswanadham, Vice President of IKP Knowledge Park were part of the panel discussion. The case presentation was on the journey of concept to the product of an innovation developed within LVPEI’s unique multi-disciplinary ecosystem with participation from clinicians and biomedical engineers – the Pediatric Perimeter, a novel device to measure visual fields in infants and patients with special needs.
Dr Ajit Rangnekar, a board member of the Institution and Director General at Research and Innovation Circle of Hyderabad (RICH) launched the website of the facility and shared his vision for the facility and indicated the need for collaboration among the catalysts of the ecosystem. Mr Ramam Atmakuri, the Former Vice-Chair of the Institute, moderated two panel discussions. The next panel with the participation of Dr N Madhusudhana Rao, CEO of AIC-CCMB and Dr D Viswanadham, Vice President of IKP Knowledge Park, focussed on the intent for collaboration and efforts required for incubators to enhance the start-up and innovation ecosystem in the country.
The key partners for the LVPEI Incubator are Sathguru Management Consultants for business planning and strategy, K Vijayaraghavan & Associates for corporate compliances and K&S Partners for IP filings.
About LVPEI: Established in 1987, L V Prasad Eye Institute (LVPEI), a World Health Organization Collaborating Centre for Prevention of Blindness, is a comprehensive eye health facility. The Institute has ten functional arms to its areas of operations: Clinical Services, Education, Research, Vision Rehabilitation, Rural and Community Eye Health, Eye Banking, Advocacy and Policy Planning, Capacity Building, Innovation and Product Development. The LVPEI Eye Care Network has 260+ Centres spread across the states of Telangana, Andhra Pradesh, Odisha and Karnataka in India. The institute’s mission is to provide equitable and quality eye care to all sections of society. The LVPEI’s five-tier ‘Eye Health Pyramid’ model covering all sections of society right from the villages to the city, provides high quality and comprehensive – prevention, curative and rehabilitation – eye care to all. It has served over 32.11 million (3 crore 21 lakh people), with more than 50% of them entirely free of cost, irrespective of the complexity of care needed.