Based out of IIT Bombay, HaystackAnalytics is a HealthTech company creating clinical genomics products, which enable diagnostic labs and hospitals to offer accurate and personalized diagnostics. It has created and launched a portfolio of products to offer genomics in infectious diseases.
The company is solving issues with scaling and mainstreaming technology by automating genomics with their genomic SaaS service. In this way, genomics, which was previously solely utilized for research, would turn into a scalable solution for mass patient adoption.
HaystackAnalytics’ genomics based diagnostic solution for Tuberculosis was recognized as one of top innovations supported by Biotechnology Industry Research Assistance Council (BIRAC) in the past 10 years, and was launched by the Prime Minister of India, Narendra Modi at the BIRAC Showcase event in Delhi during 2022.
Gaurav Srivastava, Co-Founder, HaystackAnalytics calls it a fantastic journey. “The testimony of our journey is fascinating, as the initial collaborator who enthusiastically embraced our vision also emerged as the foremost investor in our venture. This mutual partnership not only established the basis of our company but also demonstrates the deep-seated trust that propels innovation and progression.”
The platform has four tests catering to two major diseases. The first one is Universal Drug Susceptibility Test for TB using genomics analysis through one test provides the patient and the doctor comprehensive information on the strain of TB and the antibiotics to be prescribed, reducing excessive use of antibiotics and higher chance of recovery with an accurate diagnosis. The initiative was launched in July 2021.
Second test is Universal Infectious Diseases Test that uses the same platform to create a screening test for 400+ bacteria and fungi reported in less than 12 hours. Is very important in identifying the pathogen and preventing sepsis which is a disease with the scale of 50 mn cases worldwide every year. The initiative was launched in January 2022.
HaystackAnalytics is solving issues with scaling and mainstreaming technology by automating genomics with their genomic SaaS service.”