Artificial Intelligence-Applied Biotech Startups in Bangalore

Approximately 40 biotechBiotech Startups startups and firms belong to the incubation rooms at the Centre for Cellular and Molecular Platforms in Bangalore; it is India’s one of the main biotech startup ecosystem hubs. This national incubator has several representative biotech firms, such as Bugworks Research, Strand Life Sciences, Biomoneta Research, Cellworks, and Aten Porus Lifesciences. Moreover, in Bangalore, some practically pioneering startups apply artificial intelligenceArtificial Intelligence (AI) to life science, in which India is considered to have an advantage in terms of human software resources. For example, SigTuple uses AI for diagnosis, whereas Tricog Health uses it for online electrocardiogram analysis. Meanwhile, Niramai Health Analytix applies AI for breast cancer diagnosis, and Cyclops MedTech uses it for a virtual reality-based ophthalmic service that tracks viewpoints. This chapter analyzes the core algorithm architect's cooperative research and development networkResearch & Development Network in SigTuple regarding the research papers, conference papers, and patents as the media and the university researchers, large firm laboratory engineers, and the company’s employees as the constituent players using the Google Scholar database. The partners’ specialty mainly includes the areas of computer science and medical science. Before and after the company’s founding, the network partners’ characteristics have changed from the research papers related to academic concepts to the conference proceedings papers and patents meaning more practical tools for business in the weight of projects. This case suggests integrating “March’s dilemma between explorationExploration and exploitationExploitation” and Teece’s so-called “dynamic capability scheme.”