BioVoice News April 2017 Issue 11 Volume 1 | Page 25

country, resulting in over 66 products and technologies and 120 Intellectual property rights being generated. “Research and innovation has been one of the key areas that the Prime Minister and this government have focused on. BIRAC, which has completed five years today, stands at the cusp of a great leap. Globally, BIRAC has been hailed as one of the most effective government measures to create an enabling environment for research and development to flourish in a country. We aim to develop India into a global innovation hub by 2020 and BIRAC has paved the way to deliver on that mandate,” said Mr Y S Chowdary, Minister of State for Science and Technology and Earth Sciences. BIRAC supports entrepreneurs and start- ups at different stages of innovation – from the ideation stage to managing intellectual property rights and finally to the commercialization of products. Different initiatives of BIRAC target BIOVOICENEWS.COM 25