5 start-ups clinch top honours


Social Innovation Award being presented to Adero Labs as part of Start-Up Stage event at BioAsia.

Five start-ups with innovative offerings for the healthcare sector, including a device that reminds patients to take a correct dose of medicine at the right time and another that monitors a patient’s health while he/she is asleep, walked away with top honours at the BioAsia-2019.

They made it to the top five, and received a cash prize of ₹25,000 each at the Start-Up Stage event, one the highlight segments of this year’s BioAsia. A total of 76 start-ups had showcased their wares at the three-day event, the curtain on which came down on Wednesday.

Making a brief pitch at the valedictory, Caredose co-founder and CEO Kinshuk Kocher said the start-up has devised a solution – a dispenser in which medicines are filled using a robot – for patients, especially senior citizens, to ensure that they are taken on time and in the correct dose. The entire process is completely automated, he said.

Interestingly, Governor E.S.L. Narasimhan, during the inauguration of BioAsia on Monday evening, had highlighted the need to address the issues that senior citizens faceamong other aspects.

Another solution that caught the eye of the jury was the contactless health monitor developed by Dozee. COO of the start-up Pritish Gupta said the monitor, placed below the mattress, tracks the sleep patterns, heart, respiration and stress levels helping the user address the conditions.

Spectral Insights for its compact scanner; Ekistics Solutions that offers replacement and reconstruction of damaged and diseased valves avoiding artificial prostheses; and fluorescent dye company Azooka Life Sciences for its nucleic acid stains that facilitates DNA-based diagnostics were the other three prize winning start-ups.

A special Social Innovation Award was presented to Adero Labs that works in the field of citizen safety and women empowerment.

source: http://www.thehindu.com / The Hindu / Home> News> States> Telangana / by Special Correspondent / Hyderabad – February 27th, 2019

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