When Ace Scientists
Turn Rookie
Entrepreneurs
Scientists
of distinction are setting up companies but with a difference
-to help solve difficult problems of
business and society
When
Rajesh Gokhale sets up a new lab, he orders sophisticated equipment
and some chemical reagents.
For a
research collaboration with the National Chemical Laboratory (NCL)
in
Pune, he ordered six buffaloes along with the regular stuff.
He
could have ordered elephants, but buffaloes were more manageable for
the laboratory staff. These two animals have
something in common.
They
get white patches on the skin, similar to the human disease leucoderma
that Gokhale is now studying. Drug companies
are not interested in finding
a solution to leucoderma, as whiteskinned
people do not find it a problem.
Gokhale,
the director of research body Indian Institute of Integrative Biology
(IGIB) in Delhi, thinks he has done some new
science that could help develop
a drug.
Gokhale
has won international recognition for his research on how the
tuberculosis
bacterium builds its formidable cell wall. It won him first
the
prestigious Bhatnagar Prize and then the Infosys Prize, along with a
host
of other awards. The Indian scientific establishment expects big things
from him as a science leader, but Gokhale is
also an intensely practical man.
“I
have given up on TB as the road to translation is hard,“ says Gokhale.
He
switched to dermatology, an area where research applications are easier
to
commercialise. His first firm, Vyome Biosciences, is on the late stages
of
developing an anti-dandruff and other anti-bacterial products.
His
research on leucoderma is about to result in a second company.
When
set up, it will be incubated inside the NCL Venture Park in Pune.
The
NCL Venture Park, adjacent to research and consulting body National
Chemical Laboratory (NCL), is now a crucible
for commercial science.
Inside
it are 35 scientist-promoted companies testing ideas that could
make a
difference to Indian industry in the near future. They include new
bio-absorbable materials, highly-sensitive
and quick ways of testing
pesticides,
new methods of effluent treatment, rapid cancer diagnostics,
green roads, new vaccines, renewable energy
and so on. NCL Venture
Park provides lab facilities for
commercialisation, and seed money and
consulting.
Gokhale's venture, when fully formed and cleared by the
government,
would need some of these facilities to develop drugs.
The
scientist-entrepreneur has been a rare phenomenon in Indian
industrial
history. The earliest example was KH Gharda who set up
Gharda
Chemicals in 1967. AV Rama Rao, a distinguished chemist and
the brain behind many generic products of
Indian companies, launched
services
firm Avra Laboratories in 1996 after retirement.
Avra
and Gharda Chemicals are exceptionally successful companies.
Since
then, some young scientists have created a few companies around
the country. Liberal government grants are
attracting scientists to test
their
commercial ideas, especially in biotechnology. Among the recent
scientist-entrepreneurs are some
distinguished scientists with a global
reputation,
and they are looking at entrepreneurship in a new way:
for translating hard research problems into
commercial ventures.
Growing Trend
NCL
Venture Park is the node for such efforts, but the trend has picked up
in other institutions in the country.
Entrepreneurship attracts scientists in
the
IITs, the Council of Scientific and Industrial Research (CSIR), other
national
laboratories and the universities. Biologists and chemists are
now
especially interested in commercialising their work, but it is not
uncommon
to find even physicists setting up companies based on their
research
knowledge.“Scientist-led enterprises have higher knowledge
intensity
and better technology foresight,“ says V Premnath, scientist
at NCL
and CEO of NCL Venture Park, “as scientists have the luxury of
working on such topics.“
NCL
has a long history of working with industry and translating research
into
useful products.Even at NCL, scientists needed to be exposed to the
advantages
of setting up companies. “We brought a Cambridge don to
talk
to them,“ says Premnath.It was Richard Friend, a pioneer in flexible
LEDs,
who formed three companies while teaching and researching at
Cambridge.
Peter Dobson, a professor from Oxford, also came to talk
to the
scientists there.The spirit of entrepreneurship now permeates the
laboratory
so much that scientists do not need to be persuaded to set up
companies.
Many
scientists at NCL are actually engineers, but science is fundamental
to
their research. Ashish Lele is an engineer-scientist with a strong interest
in polymers.
He has been probing polymers at atomic scales, studying
how
the handholding of atoms that make up polymers can result in
interesting
properties like self-assembly. He has shown how atomic
handholding
can make a gel repair itself when injured. Like Gokhale,
he has
won the Bhatnagar Prize and the Infosys Prize. One of his research
interests now is polylactic acid, a
widely-used bioplastic. Although called
an acid, it is a polymer that is
biocompatible and bio-degradable.
It is
not easy to work with, as developing a device with the right
mechanical
strength requires a high level of knowledge.
His
first company Orthocraft, established a year ago inside NCL Venture
Park, is developing screws from polylactic
acid. These screws are required
while repairing tears in the knee ligaments,
but are used in India only when
the patient can pay the high price.As no
Indian company makes them, the
alternative
is to use metal screws and a second surgery to remove them later.
Orthocraft is now doing pilot trials with
its biodegradable screws, and
could
launch them at a considerably lower cost. NCL is developing
end-to-end
technology for polylactic acid, which is a strong contender
for
biodegradable packaging as well.
After
setting up one company, Lele started exploring another related idea:
using
silk to make useful products. “Silk is a natural biocompatible
material,“
says Lele, “but all our silk goes for making sarees.“
His
new company will develop a silk-based porous plug as a replacement
for bone cement. As the bone grows into the
pores, plug dissolves. Silk
had
been used in ancient India for making sutures, and is still used for
sutures
employed in eye surgery. “A lot of technology is required for
converting
natural silk into the right material and in the right form,“
says
Lele. He set up Biolmed for this work.
Lele
had some prior exposure to entrepreneurship as he has seen another
company
from close quarters: Tridiagonal Solutions, founded by his
colleague
Vivek Ranade, an engineer-scientist interested in gas-liquid flows
. It
led him to start Tridiagonal Solutions to provide modelling and process
engineering solutions for companies. Ranade,
a fellow of the Indian
Academy
of Sciences, exited this company a few years ago.
He now
runs a second company, Viviera Technologies, for effluent treatment.
Ranade's startups look to address a problem
seen at NCL repeatedly:
large
companies are interested in ready-made technology and won't make
any
effort to develop lab-scale technology. “NCL is still falling short of
industry
needs,“ says Ranade.“We need to bridge the gap.“
NCL
scientists believe startups can bridge this gap, by developing a
technology
from NCL's labs to market-ready condition. Scientists also
start
companies after spotting a serious problem with industry.
Venkat
Panchagnula, who researches methods of bioanalysis, formed
a company that can detect pesticides quickly
at low concentrations.
“Pesticides
are a major non-trader barrier for India's food export
industry,“
says Panchagnula. India does not have the technology to
assess pesticide contamination quickly and
reliably, as the accredited
labs
use imported technology and do not do R&D.
A
grape farmer, for example, has to spend `8,000 per sample and take
four
samples an acre for testing pesticide residues. Since it takes 7-8 days
for the results, the testing delays farmers.
In 2008, Nashik grape farmers
lost `250 crore when their exports to Europe
were found to contain
pesticides.
When Panchagnula's students were asked to formulate a
problem,
some of them came up with a method to test pesticides.
The
group's solution morphed into a company, Barefeet Analytics.
It is
developing a technology that can test over 1,000 samples a day
instead
of the 25 tests an Indian lab can do now.
NCL
has sprouted many startups because it works in an applied subject.
Chemistry
professors elsewhere have also found their subject useful to
start companies. Aswhini Nangia, professor
of chemistry at the
University
of Hyderabad, works in the new field of supramolecular
chemistry
that studies properties of small aggregates of molecules.
Nangia
is interested in a part of this subject called crystal engineering,
which
tries to understand properties of crystals and then modify them.
In a
specific project, Nangia has figured out a way to stop demozolomide,
an
anticancer drug, from discolouring too soon. His company Crystallin
Research
is now taking this work forward. Its next project is to up the
bio-availability
of curcumin, which is said to have antioxidant and
anticancer
properties.
The
University of Hyderabad has set up an incubator for scientists like
Nangia
to develop their startups.Such incubators are sprouting elsewhere
too,
even in institutions with no history of commercialisation.
The
Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR)
in Bengaluru is devoted to fundamental
research, but this year some
professors
surprised the management by asking for permission to launch
companies. J NCASR, which had no rules for
allowing scientists to start
companies,
had to form a committee and form them. Its first company is
a
fluid dynamics simulation company, Sankhya Sutra Labs. A second one,
on
tackling infections, is brewing in another lab.
Sankhya
Sutra Labs came out of the labs of Santosh Ansumali , a physicist
engineer
who had fig ured out a way of improving fluid flow simulations.
Understa
ndi ng f luid flows correctly is important in many industrial
situations,
but it is a hard problem to solve. In critical situations like
aircraft
design, scientists rely more on experimental data.“We have converted a
computer science problem nto a physics problem,“ says Ansumali. Last year, he
created Sankhya Sutra Labs along with a col aborator, Sunil Shirlekar,
then
at Intel.
Breaking New Ground
This
lab now provides services, but is working on converting its ideas into
a software package that can be sold to many
industries. Shirlekar and
Ansumali
are aiming at expanding the market for fluid dynamics simulation.
Fluid dynamics is relevant not just for
aircraft or cars. Accurate simulation
can improve everyday products like ceiling
fans, mixers and washing
machines.
“We are trying to do something undreamt of,“ says Ansumali,
“by bringing fluid dynamics simulation to
the small and medium scale
industries.“
Bengaluru
has several institutions that is beginning to breed knowledge-
intensive
academic startups. The Indian Institute of Science, for example
has
seven startups in its incubator, mostly by professors in engineering
departments.
A few entrepreneurial ideas are brewing at the Institute
for
Stem Cell Biology and Regenerative Medicine. The IITs also have
several
academic startups, mostly by engineering professors with the
odd
scientist thrown in. T Pradeep at IIT Madras is one of them.
Pradeep
is a chemist who has specialised in nanoscience.
He got
interested in pesticide contamination after he read about endosulfan
and its toxic effects in Kerala, and figured
out that nanoparticles can break
down pesticides. After extensive trials,
Pradeep formed his own company.
Inno
Nano Research is now looking to advance the technology. Pradeep
is
interested in looking at arsenic contamination, a 100-year-old problem
that
is increasing in severity every day. “I do not want this to become a
200-year
old problem,“ he says. He is obsessed with water quality, and
wants
to put quality sensors into water bottles.He is studying how
nature
makes clean water. In the long run, mimicking nature's ways
is the
only truly sustainable method of working.
Hari
Pulakkat
ET26NOV15
|
Friday, December 11, 2015
ENTREPRENEUR SPECIAL... When Ace Scientists Turn Rookie Entrepreneurs
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