NEXTGEN LIFE SCIENCES PVT. LTD The inception of NextGen Life

Nagma Abbasi had no prior entrepreneurial experience or exposure when she began pursuing the idea of starting on her own. However, her life as a researcher and the difficulties she and her fellow scientists had overcome became her greatest assets when creating plans for her venture.These experiences played a significant role in laying a firm foundation for the biotech startup.

With the support of her family and dedication to succeed on her side, Abbasi finally setup NextGen Life Science Pvt. Ltd. in 2014. Since then, NextGen has been on the path of consistent growth, empowering the field of biotechnology and healthcare. Within a short span of time under the capable leadership of Nagma Abbasi, the company has managed to gain customers’ trust, and the future has never looked better.

A quick overview of Dr. Nagma Abbasi

While most entrepreneurs have their hearts set on being recognized as leaders, Dr. Nagma thinks of leadership as a journey and not an endgame.

Recently named one of the top 10 women entrepreneurs in India for 2020 by Forbes, Abbasi is a brilliant scientist and an astounding entrepreneur. She completed her higher studies in Business Administration, Doctoral studies in the field of Molecular Genetics, and finally, her Postdoctoral studies in the field of Molecular Biology from institutes like IMT Ghaziabad, AMU, Aligarh, and Indian Agricultural Research Institute, Delhi, India,

Nagma Abbasi, a passionate researcher, honed her skills for more than a decade, learning and working with some of the brightest minds at top research institutes and leading biotech firms. She also contributed in the areas of product management, customer segmentation, and brand management. She has been known for being thoroughly involved and, at times, even lost in her work.

The turning point came was when she got the news that the firm she was working with had decided to dissolve her position. The sudden and unanticipated change came as a shock followed by the dreadful realization that she never had a plan B. She had always wanted to solve the difficulties that the scientists and researchers faced and this sowed the seeds for an idea that became NextGen Life.

With NextGen, Abbasi aspires to provide complete solutions in instrumentation, next-generation sequencing services, reagents, bioinformatics to scientists and researchers. Through comprehensive and futuristic solutions, the biotech startup empowers researchers facing complex analytical challenges daily during their work process.

Facing Covid-19 challenges

Even during the challenging period of Covid-19, NextGen successfully delivered products and services quickly and efficiently. Despite the sudden slowdown around the world, and uncertainties that followed, NextGen manufactured and delivered critical products like Covid-19 testing kits and instruments. The biotech startup also educated people about Real-Time PCR testing (recommended testing method for Covid-19 as per ICMR guidelines).

The Future is bright

NextGen Life is looking forward to a business expansion to the West and South India in the immediate future. The company is also excited about innovations in the field with the advent of technologies like CRISPR. With its own-brand of products which meets international standards, NextGen aims to facilitate scientific discoveries and inventions.

Managing work and life

The global pandemic was an unforgettable learning experience for Dr. Nagma Abbasi. Patience and time management were two of the best tools in her management arsenal which helped overcome the unforeseen. The classic challenge of balancing work and personal life during this phase was not a very difficult one for her. Abbasi had learned to achieve this balance all her life as she grew up in a family where the women had fruitful careers and the importance of keeping work-life separate from personal life was well understood. She is a family-oriented person but ensures that she also meets her responsibilities towards her work.

Nagma Abbasi

An entrepreneur with the heart of a scientist
The founder and CEO of a leading Biotech startup, and an eminent scientist and researcher, Dr. Nagma Abbasi, is a determined entrepreneur with a vision. Intending to tap into the opportunities presented by the unexplored facets of Biotechnology, Life Sciences, and the healthcare industry, Abbasi founded NextGen Life sciences in 2014 and is expanding the organization’s footprints across the global market.

Achievements of Nagma Abbasi

• Forbes named Nagma Abbasi among the “Top 10 Women Entrepreneurs in India 2020.”
• Her firm got the award of “Best Places to work in 2019” by Business Sight media.
• Biotech times names it amongst “Top 10 Biotechnology Startups to look in 2019.”
• In MSMECCII Genentech Asia Awards, 2020, she won the award for Entrepreneur of the Year in Trading Business.
• As per The CEO magazine, her company was considered “Company of the year 2018”.
• Business Connect Magazine named Abbasi as the “Women Entrepreneur of the Year 2019.”
• Silicon India Magazine addressed NextGen Life amongst “Top 20 Best Life Sciences Start-Ups.