Consider the following statements Biotechnology Industry Research Assistance Council BIRAC 1 is a no...........

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Consider the following statements. Biotechnology Industry Research Assistance Council (BIRAC)

1.is a not-for-profit Public Sector Enterprise

2.was set up by Department of Biotechnology (DBT)

3.helps provide access to risk capital through targeted funding for the bio-tech sector

Select the correct answer using the codes below.

1 only

1 and 3 only

2 only

1, 2 and 3

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Explanation:

BIRAC is a new industry-academia interface and implements its mandate through a wide range of impact initiatives, be it providing access to risk capital through targeted funding and technology transfer.
It also helps in intellectual property (IP) management and handholding schemes that help bring innovation excellence to the biotech firms and make them globally competitive.

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