An MoU signed in the presence of Hon’ble Chief Minister Revanth Reddy brings BioVaram closer to establishing a landmark life-sciences hub with a ₹250 crore investment in next-generation regenerative and AI-powered health technologies
India’s Innovation Ambition Accelerates as BioVaram Sets Up Centre for Excellence in Regenerative Medicine and AI-Enabled Health Technologies
The MoU signing took place in the presence of Hon’ble Chief Minister Sri A. Revanth Reddy and Minister for Industries and Commerce Sri D. Sridhar Babu. The Government of Telangana has committed land within the upcoming Bharat Future City and is also expected to extend financial support for the development and operationalisation of the Centre. BioVaram, on its part, has committed an investment of ₹250 crore to build an integrated, future-focused research ecosystem.
Dr. K. I. Varaprasad Reddy said that India must play a leading role in global innovation and that Telangana is well placed to drive this ambition. He described the Centre for Excellence as a reflection of what can be achieved through purposeful collaboration between government, science and industry.
BioVaram, the brand identity of UR Advanced Therapeutics established in 2020, has rapidly emerged as a pioneer in tissue engineering and regenerative medicine. The company is known for developing AI-enabled peptide design platforms for biomaterials, stem cells and exosome science. Its early promise has earned support from the ASPIRE Seed Fund, the BIRAC BIG Grant and investments from Bhavya Constructions, Dr. K. I. Varaprasad Reddy, Mr. Manoj Namburu and consortium partners.
BioVaram has also been recognised for its progress by several national initiatives, including winning the Maharathi Challenge 2025, receiving a visit from the Prime Minister during showcase sessions and being ranked among the Top 5 Startups at BioAsia 2024. These recognitions reinforce the company’s position within India’s emerging biotechnology landscape and its commitment to building a globally relevant research hub from Telangana.
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