Exclusive interview with Healthcare Startups in India - PowerPoint PPT Presentation

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Exclusive interview with Healthcare Startups in India

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MD of healthcare startup Mylab Discovery Solutions, Hasmukh Rawal, developer of CoviSelf, speaks about how they started this journey and what challenges they faced. To know more visit the website – PowerPoint PPT presentation

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Title: Exclusive interview with Healthcare Startups in India


1
In an exclusive conversation with Hasmukh Rawal,
MD, Mylab Discovery Solutions
  • Developer of CoviSelf, Indias first Covid-19
    self-test kit

2
Could you let us know about your journey so far
and what inspired you to be in the start-up space?
  • We started Mylab in 2013. We started with a
    vision that holds true today as well which is to
    bring high-end diagnostics at affordable prices
    to masses and make a social impact. Social impact
    is core to our product strategy. We wanted to
    develop diagnostics solutions which are built in
    India and for India. We developed state-of-the
    art RD facility in 2015 and made it an epicentre
    of innovations. We got DSIR approval and
    developed RT-PCR assays. Soon, we realized the
    need to increase production and move from RD to
    full-fledged manufacturing. We started a 20000
    sq. ft. manufacturing unit in Lonavala
    Industrial Area between 2016-17. In 2019, we got
    approval from FDA and CDSCO, Class C and Class D
    diagnostic kit manufacturing approvals for
    critical Molecular Diagnostic products HIV, HBV,
    HCV, NAT, COVID-19 and received test license for
    about 100 more products.

3
Could you explain furthermore what Mylab is into
and the services that you are providing?
  • We develop and commercialize diagnostics
    solutions and automation in molecular, serology,
    and immunology with application in clinical
    diagnostics, drug discovery, biomedical research,
    agrigenomics, animal and food safety.
  • Driven by entrepreneurial culture and a
    passionate team, we are constantly leveraging
    new, innovative health technologies to improve
    care delivery, speed diagnoses and shape the
    future of healthcare. With impact-based product
    development as the cornerstone of our approach,
    we are striving to introduce affordable and
    accessible diagnostics solutions thereby
    reducing the gap between patients and
    point-of-care (POC).
  • We are committed to empower people to lead
    healthier lives by discovering diagnostic
    solutions for the countrys most pressing
    healthcare needs. Our goal is to introduce
    ground-breaking innovations that can transform
    and potentially save lives.

4
  • We have had many firsts in our kitty. We are the
    first company in Asia second company in the
    world to develop and manufacture FDA approved
    ID-NAT kits for accurate detection of HIV, HBV,
    HCV and other infections. We are also the First
    Indian manufacturer to launch a fully automated
    molecular diagnostics platform with CE Approval.
  • Last year when the country was grappling with the
    shortage of Covid-19 testing requirements, we
    decided to develop a Made in India test for
    Covid-19. We were the first Indian company to
    develop and launch COVID-19 RT-PCR kit and
    COVID-19 Rapid Antigen Test. With natively
    developed kits, we contributed on our part to
    ensure India becomes Atmanirbhar in its fight
    against Covid 19. We are also the first company
    to develop completely automated extraction and
    PCR-ready system (Compact XL).
  • To increase RT-PCR testing amidst the second wave
    of coronavirus in India, we rolled out
    ICMR-approved and NABL certified mobile testing
    labs for molecular testing.
  • We recently launched Indias first Covid-19
    Self-Testing Kit in India CoviSelf.

5
What went into making of 1st Made in India
Self-test kit CoviSelf? What would be
adaptability of the kit with the Indian audiences?
  • CoviSelf, Covid-19 rapid antigen test (RAT) kit,
    simplifies the testing process by empowering
    people to test themselves, and offers a
    comfortable, easy-to-use and accurate alternative
    to the current test method.
  • The kit uses a nasal swab and a QR code to
    connect to a mobile app which reveals results in
    15 minutes and sends the details to the Indian
    Council for Medical Research.
  • We spent over 5 months to design and develop the
    kits, to make it simpler, easier to use and more
    effective for home testing for consumers. The
    idea was that an 80-year-old granny or an
    18-year-old villager should be able to do it just
    by reading the instructions and watching demo
    videos.

6
  • To maintain sensitivity and accuracy, we came up
    with a pre-filled tube with the required amount
    of buffer fluid so that consumers can gauge the
    right measure. We introduced a nasal swab instead
    of the nasopharyngeal swab to minimise
    discomfort. We reduced the size of the swabs
    breakpoint and got it closer to the tip. Once the
    swab is used, the tip goes into the buffer fluid
    in the tube and is broken inside it. The tube is
    then capped with the cap attached locking the
    swab tip and pathogens inside. The tubes cap
    also doubles up as a dropper head to deliver a
    precise amount of fluid on the test card without
    oozing or spilling.
  • The test card carries a bar code and test outcome
    on the card is analysed by the AI based scanner
    in the CoviSelf app. Once it is read and loaded
    on to the app, the card cannot be reused. There
    is also no chance of mistaking the samples. The
    app can include multiple profiles of tested
    users.
  • We have both Online and offline partners for
    distribution, and we are looking to make it
    available in 95 of the PIN codes in the country.

7
How did you deal with moments of pressure, while
dealing with driving operational challenges as
well as meeting timelines of launching the kit?
  • This is slightly funny but I realised that in my
    early days as a student, I had intuitively
    started looking at things in two lists Urgent
    list and Important list. It helped me prioritize
    tasks by urgency and importance. I used that to
    prioritise what to study versus what will help me
    in future. Today when I apply this to running
    Mylab I use the same principles. This has
    helped me perform under pressure by prioritising
    things.

8
Start-ups have been amongst the most affected due
to the corona crisis. How has the present period
of corona crisis fared for your organization?
  • For us, the corona crisis presented us with an
    opportunity to innovate. Last year when the
    pandemic hit us, India did not have a single
    Covid-19 RT-PCR kit which was manufactured
    locally. Everything was imported. We were the
    first Indian company to launch ingenious RT-PCR
    test and we developed it in a record time of
    six-weeks from the outbreak. And soon after that
    we launched our other Covid-testing related
    products.
  • We have been at the forefront of increasing
    Indias testing capacity for Covid-19 and have
    been striving to cover the whole spectrum of
    COVID-19 testing.
  • Our focus is always on developing solutions that
    the country will be needing next.

9
How can the government and industry partner with
start-ups and support them accelerate their
research?
  • The recent Govt. policies have been extremely
    beneficial and conducive for start-ups like us to
    be Aatmanirbhar. We completely support and
    appreciate PM Modis vision of local to global.
    We strongly believe local problems will be solved
    by local solutions only and self-reliance is
    critical to solve the problems of our country. We
    are committed to continue to make progress in
    this space of diagnostics and empower people in
    India to lead healthier lives.

10
Any message that you would like to share with
aspiring entrepreneurs in start-up space?
  • Focus on finding solution to the problem and
    create value. Innovation and creativity in times
    of adversity are key to unlocking growth. So,
    keep innovating

To know more details visit our website
https//mpoweringlifescience.com/startup/in-an-exc
lusive-conversation-with-hasmukh-rawal-md-mylab-di
scovery-solutions/
11
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