New Delhi, March 19 -- Biotechnology Industry Research Assistance Council (BIRAC), a Public Sector Enterprise set up by the Department of Biotechnology (DBT), marked its 14th Foundation Day, celebrating a decade and a half of catalysing India's biotech startup revolution.

According to the release, since its inception, BIRAC has enabled more than Rs. 4,200 crores in funding support across more than 15 lakh startups, entrepreneurs, companies, and innovators, building one of the world's largest publicly backed biotech innovation networks. Through programmes spanning grant funding, equity support, mentoring, and partnerships, BIRAC has seeded innovations in biopharma, med-tech, agri-biotech, health-tech, industrial biotech, and clean-tech. A...