BioVoice News August 2017 Issue 3 Volume 2 | Page 66

startup series In written opinion of International Search Authority (ISA) our Patent Application has been found to contain two inventions: Invention 1: A Fluid Injecting System with Needle Retraction by vaccum. Invention 2: A Fluid Collecting System with Needle Retraction by vaccum. General Hospital in association with GE Sustainable Healthcare Solutions. in ‘Millennium Alliance Award’ conducted by FICCI in August, 2017. The invention has also been awarded with ‘BIRAC-SRISTI Appreciation Award-2017’ worth Rs 1Lakh by the ‘Society for Research and Initiatives for Sustainable Technologies and Institution’ (SRISTI) and ‘Biotechnology Industry Research Assistance Council’ (BIRAC) under Department of Biotechnology (DBT), Government of India. Now, we are at final stage of pitching However, despite the numerous accolades, Bharati points out that since 2006, all their financial resources, whatsoever available at their ends has exhausted completely in inventing and prosecuting patents. She elaborated, “Presently, we are facing hard a severe crunch of funds urgently required even for filing and prosecuting our national phase patent applications in potential countries. We urgently 66 BioVoiceNews | August 2017