ISB Updates

A Discussion on Innovation from Lab to Patient/Market

In the business of innovation, the world needs professionals to venture out and act on mechanisms that mobilise teams to collaborate and empower entrepreneurs and not limit themselves in the academic world.

With a shared inclination towards research and innovation in the healthcare space, we have agreed to work with the University of Pittsburgh on joint research projects; exchange of scholarly publications and reports; share experiences in innovative teaching methods and course design; organise joint symposia, workshops and conferences; work on faculty development and exchange; exchange students.

To enable the exchange seamlessly, we have signed a five-year Memorandum of Understanding (MoU) with the University of Pittsburgh, US.

With Max Institute of Healthcare Management at ISB, we aim to be the leading voice, supporting and providing value to public and private sectors and the technology startups creating a positive impact in the rapidly growing Indian Healthcare sector.

“Pitt has been a pioneer in the area of healthcare research, and through this MoU, we will work together to take ideas and research from the laboratory to the marketplace and work towards enhancing the healthcare delivery systems,” said Dean Professor Rajendra Srivastava. Founded in 1787, the University of Pittsburgh is one of the oldest institutions of higher education in the United States. The University has a strong legacy of people who have defeated polio, unlocked the secrets of DNA, lead the world in organ transplantation, among numerous other accomplishments. In 2019, the Wall Street Journal─Times Higher Education College Rankings again named Pitt among the top-five public universities in the North-eastern United States.

 

 

Post the MoU signing, Max Institute of Healthcare Management at ISB held a roundtable discussion on ‘Innovation from Lab to Patient/Market’. The discussion saw participation of ISB faculty and leaders in the healthcare sector: Dr Girish Sahni, Former Director General, CSIR; Dr Srinivas M, Dean, ESIC Medical College; Dr Abhinay Bollineni, Vice President, KIMS; Dr Ramesh Byrapaneni, MD, Endiya Partners; Dr G Chandrasekhar, Vice Chair, LV Prasad Eye Institute; Dr PS Reddy, Professor of Medicine, University of Pittsburgh, USA and Mediciti Institute of Medical Sciences, India.

These leaders highlighted and discussed current lags in the Indian Healthcare system that make the healthcare facilities unavailable to rural India that contributes to about 65% of the total population in India. And how a lack of awareness on non-communicable diseases among the masses and limited access to immunisation are increasingly contributing to the death rate of the country. Dean Rajendra Srivastava summarised the discussion and reinstating the importance of collaboration of public and private sector and that to scale up efficiently, companies need to work on their scalability quotient.

“Collaboration with ISB will help us design strategic programmes in the areas of business, engineering and medical sciences. Through this agreement, we will focus on developing health care and engineering innovations that will benefit people and communities around the world,” said Patrick Gallagher, Chancellor of the University of Pittsburgh.

 

 

By initiating such conversations, Max Institute of Healthcare Management at ISB aims to be a transformative force in the Indian healthcare sector creating value, within India and beyond through the three integrated elements of research, education and outreach. This partnership will aid the Institute in its work in the area of Management of Healthcare Delivery Institutions, Financing of Healthcare and Healthcare Policy, Innovation and Entrepreneurship and Patient Centricity.