Collaboration with an Indian enterprise starts

University of Helsinki established a bioinformatics company in collaboration with an Indian enterprise.

Atul Khanna The University of Helsinki and an Indian IT company Tooltech have jointly established a bioinformatics services company, Systems Biology Worldwide Oy.

The new company provides services for the analysis and editing of the copious quantities of data mainly produced in biosciences. It also aims to develop software for data analysis.

- We will process Finnish bioscientific information with lower costs in India and sell it globally, says CEO Atul Khanna from Tooltech Software.

Khanna will act as the Chairman of the Board in the new company. Mr. Juha Eväsoja, formerly the Marketing Manager of IBM Life Sciences in Finland, has been nominated the CEO of the company.

The new company will combine Finnish bioscientific competence with Indian IT skills. The production unit is located in Bangalore, India, in the same building as Nokia Research Centre. Pharmaceutical companies will be among the main clients.

According to Ilkka Hyvärinen, Finance Director of the University of Helsinki, staff will be a few dozen in India and about a dozen in Helsinki. In the production of services, the company will also use the input by Indian research institutes and universities.

For the University of Helsinki this is serious business, says Hyvärinen, but there are other dimensions to the cooperation as well. The plan is to invite Indian IT experts as postgraduate and exchange students in the biosciences departments and research teams of the University of Helsinki.

Text: Mikko Puttonen
Photo: Petri Puromies

Translation: Valtasana Oy

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