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Start-up engine, T-Hub, has signed a Memorandum of Understanding (MoU) with pharmaceutical major Novartis Healthcare Private Ltd (NHPL) to create and execute joint programmes to help health tech start-ups from across segments.
As part of the initiative, health, research and development experts from Novartis will mentor and guide start-ups in compliance with T-Hub’s mentorship framework and evaluation process, in their respective ventures.
The MoU will help foster a close relationship in these areas while contributing to the building of a thriving ecosystem in Hyderabad.
Speaking about the partnership, Jay Krishnan, CEO, T-Hub said: Novartis will bring great value to the ecosystem and health tech start-ups will be greatly benefited. With health tech being one of our prime sectors, we are working towards ensuring that start-ups associated with T-Hub are well mentored and guided,’’ he said.
Subodh Deshmukh, Global Drug Development India Head, Novartis said: “We are excited about this potential partnership with T-Hub and its allied start-ups driving innovation in the healthcare space.”
Headquartered in Basel, Switzerland, Novartis has a significant footprint in India with a strong base in Hyderabad through its Global Drug Development and Business Services Centre.
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