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Here’s how EarlyBirds helps organisations in incorporating latest biotechnology innovations

February 17, 2023 12:43 PM AEDT | By Ankit Sethi
 Here’s how EarlyBirds helps organisations in incorporating latest biotechnology innovations
Image source: EarlyBirds' Website

Highlights

  • With EarlyBirds’ global innovation maps biotechnology stakeholders get a platform to connect
  • The biomanufacturing revolution -- with AI and data analytics at its core -- is underway in the biotech industry
  • EarlyBirds’ innovation maps are created keeping in mind industry-specific requirements and targeted outcomes

EarlyBirds, a broad and open innovation ecosystem connecting organisations with innovators, has shone light on how its platform can be used by stakeholders within the biotechnology sector. These stakeholders include organisations -- operating in areas like medicine, industry, and food -- and biotech-focused innovators.

EarlyBirds’ ecosystem is a solution to the need of leveraging new-age biotechnology related innovations. It also cites the remarks by the World Economic Forum (WEF) on scaling the deployment of biomanufacturing solutions.

Biotechnology revolution

EarlyBirds cites in its latest press release the WEF’s strong and positive take on biotech revolution, which EarlyBirds’ ecosystem can be an important part of. The WEF, EarlyBirds mentions, has focused on three elements that can provide the requisite pace to developments in the sector.

Further, how the international non-governmental organisation observes ‘our collective ability’ with respect to using new technologies like artificial intelligence (AI) and automation in production processes related to the discipline of biology is also highlighted. The platform talks about economies of scale and cost efficiencies that can be achieved by prudent deployment of biomanufacturing solutions.

It is also stated that adoption of biotechnology innovations can accelerate the world’s progress with respect to feeding the hungry, reducing our carbon footprint by increased use of clean energy, fighting rare diseases, and being transparent and more efficient in our industrial processes.

© 2023 Krish Capital Pty. Ltd.

Biotech market participants

The first stakeholder is the production units that operate in varied sectors of biotech, including medical, industrial, food and bioinformatics. EarlyBirds also states how AI and data analytics in processes have spurred biomanufacturing revolution over the past two decades. The large and complex sector can harness a vast range of new technologies in production and other processes.

Innovators

If organisations, as ‘early adopters’ of technology, are one strong part of the entire arrangement, the other crucial part is innovators. EarlyBirds is a platform that features groundbreaking works of innovators, thereby giving wings to their solutions and facilitating adoption by the wider biotech industry. These innovators’ modern-day solutions can empower the biotechnology sector market participants to keep pace with others.

© 2023 Krish Capital Pty. Ltd.

EarlyBirds’ platform

EarlyBirds claims to be a facilitator thanks to the platform’s global innovation maps that are based on a comprehensive biotechnology industry theme. The company asserts that these maps are designed keeping in view the specific requirements and targeted business outcomes of organisations.

These maps -- dynamic with regular data updates -- are populated with data from the platform and a vast pool of more than 4.8 million startup, scaleup and mature companies.

The entire arrangement facilitates the coming together of biotech innovators and those organisations that want to be an early adopter of innovations for technology-powered advancements in processes.

Organisations can visit the ‘Early Adopter’ section on EarlyBirds’ website, while innovators can visit the ‘Innovator’ section.


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