Pfizer INDovation Programme supports breakthrough healthcare innovations in India
Atal Innovation Mission, NITI Aayog, AGNIi, Foundation for Innovation and Technology Transfer (FITT), IIT-Delhi, Pfizer and Social Alpha have come together to launch the Pfizer INDovation Programme to support breakthrough healthcare innovations by startups in India. Social Alpha is the core implementation partner responsible for executing the programme. This is Version 2.0 of the Pfizer IIT-Delhi Innovation and IP Programme and is one of Pfizer’s CSR initiatives. In Version 1, Pfizer successfully incubated 9 healthcare innovators and supported 19 IP filings. Now, in the first year of Version 2.0, three winning startups each in the areas of Oncology and Digital Health, will receive a grant of up to Rs 65 lakh each for product trials, pilot studies, and product market launches to accelerate the lab-to-market journey of their innovation. This is one of the largest such programmes, both by grant value and partnerships, to focus on incubating and commercialising healthcare startups in the country.