Transcript ICICI Knowledge Park

IKP Knowledge Park
Deepanwita Chattopadhyay
MD & CEO
Erstwhile ICICI Knowledge Park
The Changing Global Life Sciences Industry
 Key Issues
 Need to reduce “time to market”
 Need to sustain profitability
 Disease and healthcare management
 Leading to
 Changing industry structure
 Small innovative companies becoming important players
 Research Alliances & Outsourcing
 Including global partnering across the value chain
 Mergers & Acquisitions
 Emerging service areas and business models
 Increasing Public Private Partnerships
Erstwhile ICICI Knowledge Park
Indian Response
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Increased focus on R&D – both public and private
Increased focus on CRAMS (including biologics)
Acquisition, Joint Ventures
Life Science focused VC funds
Shared wet lab infrastructure - Biotech Parks, incubators, biotech
clusters, SEZs
Erstwhile ICICI Knowledge Park
What Science Parks & Incubators Offer?
 Generally infrastructure driven shared facility offering innovation
driven SMEs and startups the right location and fulfilling some of the
other listed needs
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Shared infrastructure & admin support lowering overheads
Low capital investment – ready to use infrastructure
Network creation and international knowledge flow
Competitive environment
Facilitating Technology Transfer, fundraising, marketing
Mentoring for incubatees
Knowledge building
 Can be government driven, private initiative, public-private
partnership or university led
 Government’s role in removing entry barriers crucial
Erstwhile ICICI Knowledge Park
Elements of a Bio Cluster
Lifesciences R&D Institutions
with strong industry
Linkages
Biotech and Pharma
anchor companies,
Innovative SMEs,
Startups
Life Science Parks/
Incubators to nurture
SMEs
BIO
CLUSTER
Support Services
Companies – vendors,
equipment suppliers,
law firms
Good common Infrastructure,
hospitals, animal house,
regulations
Monitory incentives,
Tax breaks, Grant, Bank loan,
Seed Fund, VC
Erstwhile ICICI Knowledge Park
Cluster Development Models
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One or a combination suitable based on economic, industrial and innovation environment of the
region
Availability of Science Park/incubator accelerates seeding of entrepreneurs
Erstwhile ICICI Knowledge Park
Indian Life Science Clusters
•NIPER
•PGI Chandigarh
•IMTECH
•IISER
• Proposed Agri Biotech Park
• DBT, DST, CSIR, DP, ICMR, ICAR
• Translational Health Sciences Cluster
•National Institute of Immunology
•ICGEB
• Institute of Genomics & Integrative Biology
• National Brain Research Centre
•JNU, Delhi University
•PERD, NIPER
•Savli Biotech Park
• Proposed Biotech Park in
Ahmedabad
• MS Univ Baroda
•TIFR
•IIT Bombay, Univ of Mumbai
•National Chemical Laboratory
• National Centre for Cell Sciences
• Pune University, IISER
• International Biotech Park
• Indian Institute of Science
•National Centre for Biological Sciences
•Jawaharlal Nehru Centre for Advanced
Scientific Research
• University of Agricultural Sciences
• Stem Cell Institute
•IBAB, ABLE
Erstwhile ICICI Knowledge Park
• CDRI, IITR, CIMAP, NBRI
• Lucknow Biotech Park
• Indian Inst of Chemical Biology
• IIT Kharagpur
• Bose Institute
• Dept. of Biotechnology, CU
• IISER, DBT Institute, Haringhata
•Indian Institute of Chemical Technology
•Centre for Cellular & Molecular Biology
•Centre for DNA Fingerprinting & Diag
•National Institute of Nutrition, ICRISAT
• University of Hyd, Osmania Univ
•IKP Knowledge Park, SP Biotech Park
• AIBA, FABA
• Anna University
•IIT Madras
• TICEL Biotech Park
• Women’s Biotech Park
Lifescience Innovation Ecosystem of Hyderabad
 600 sq. km in three blocks around Hyderabad designated for life sciences
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growth - Genome Valley
Life Sciences R&D institutions
 CCMB, IICT, CDFD, NIN, ICRISAT, ILS, Univ of Hyderabad, Osmania University
etc.
 Biopharma Companies
 Dr. Reddy’s Laboratories, Shantha Biotechnics, Indian Immunologicals, Bharat
Biotech, Biological Evans, Suven Life Sciences etc.
 Contract Research Organisations
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 Vimta labs, GVK Biosciences, Sai Advantium,, Aptuit Laurus etc.
Hospitals, clinicians involved in R&D and clinical research
Dedicated biotech fund - APIDC Venture Capital
3 operational Life Science Parks, 3 under development
4 operational incubation centres
IKP Knowledge Park
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India’s first Wet Lab Research Park in Hyderabad
Mission : To create a world-class centre for leading-edge business-driven research
Objective : To encourage and nurture an environment for innovation by developing a
life science park
Focus areas : biotechnology, pharmaceuticals, new materials and
telecommunications
Founders : ICICI Bank & Govt Andhra Pradesh
Structure : Not for profit
Ownership : 100% by IKP Trust
Operational : Since June 2000
On Offer : Land, lab space,
Incubator (lab, equipment,
mentorship, seed fund)
Erstwhile ICICI Knowledge Park
What IKP Offers
 Ready-to-use modular wet
laboratories
 Core, Shell & Utilities and fully
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furnished options
84,000 sq ft of lab space in
140,000 sq ft of building
operational
 Developed land to create
custom-built research centres
 Around 66 acres for 51 years
lease
 Incubation Facility for Startups
Erstwhile ICICI Knowledge Park
Profile of Resident Companies
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42 companies/organisations so far
 12 Graduated
 30 Present - 26 residents, 2 R&D Centres taken land, 2 Associate Companies
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75% into product /technology development
22% Contract Research Companies; 3% Regulatory
Over 70 patents filed /granted
Israeli
Erstwhile ICICI Knowledge Park
Companies at IKP
Erstwhile ICICI Knowledge Park
IKP Innovation and Growth Strategy
Science
Park
2000
Incubator
2006
ICTPH,
ICAAP
2008
Erstwhile ICICI Knowledge Park
Commrl. of
India
Research
Innovation
Fund
from R&D inst.
2009
2010
Validation
Expansion
of Grassroots through
Technologies collaboration
Life Science Incubator (LSI)
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Objective
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Thrust Areas
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Pharmaceuticals, biotechnology, medical diagnostics, chemistry
Structure
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To nurture innovative startup R&D companies, spin offs and
technopreneurs in life sciences and thereby increase the
competitiveness of the region and the country
Centre within IKP with independent BOG
Part Funded by NSTEDB, DST, GoI
Operational since January 2006
Erstwhile ICICI Knowledge Park
Received Best Incubator Award, 2007
Erstwhile ICICI Knowledge Park
India Innovation Fund
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IKP Knowledge Park has partnered with NASSCOM to establish
an early stage Venture Fund
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India Innovation Fund (IIF)
Objective: To support IP based innovative companies during its
proof of concept stage and make them ready for the VC market
Focus areas: Information Technology and Life Sciences
Asset Management Company: IKP Investment Management
Company Pvt Ltd.
Total Amt: Rs 100 crore (USD 22.5 mn)
First closing at Rs 40 crore (USD 9 mn)
Erstwhile ICICI Knowledge Park
Garden of Life
Erstwhile ICICI Knowledge Park
Thank You
Erstwhile ICICI Knowledge Park