Being the Founder and CEO of NextGen Life Sciences Pvt. Ltd., Dr. Nagma Abbasi, is leading the development and execution of long-term strategies of the company with the vivid vision of expanding the organization’s footprints across the global market.
Established in 2014, NextGen Life Sciences’ major objective is to be a leader in the distribution of innovative biological products and services for the life science research and diagnostic market. The company provides complete solutions in Instrumentation, Reagents, Bioinformatics, and Consumables which researchers use in scientific investigation and diagnosis. Product areas, as well as Research Area, include Cell Analysis, Cell Culture & Transfection, Cloning, DNA & RNA Purification, Gene Expression Analysis & Genotyping, PCR, Protein Expression & Analysis, Real-Time PCR, RNAi, Sequencing, Synthetic Biology, Cancer Research, stem cell research, Drug Discovery and development, Plant Sciences, epigenetics and custom designed services.
From first Step to the Helm of NextGen
Dr. Nagma Abbasi attended IMT Ghaziabad, A.M.U., Aligarh and Indian Agricultural Research Institute, Delhi for her studies in Business Administration, Doctoral studies in Molecular Genetics and Post-Doc studies in Molecular Biology. Her career spans over a decade working with Esteemed Research Institutes and leading Multinational companies in Life Sciences / Biotech industry across various verticals like Product management, customer segmentation, brand management, and strategic marketing.
In order to cater the untapped opportunities in the industry, Dr. Nagma Abbasi established NextGen Life Sciences in 2014 with an aim to bridge the gap between the needs and pains of researchers of the Life Sciences / Biotech Industry and assist the scientists to gain insight on the recent innovations and technologies, assuring a sound knowledge of the subject matter. Henceforth, with its augmented spectrum of products and solutions, it is empowering the mounting realm of complex analytical challenges. NextGen addresses a wide range of requirements such as the sample, material characterization, and analysis to clinical diagnosis and biological-based therapeutics handling.
Becoming Industry Leader By Achieving Clients’ Trust
Being a scientist herself, Dr. Nagma was aware of the pain points of scientist in the Biotechnology, Life Sciences and healthcare industry. Having this experience was beneficial for curating the services of NextGen Life and turning it into a successful establishment. However, like any other startup initially, the company too had to face a few challenges like capital investments, assembling a quality team, building a customer base, and good relationship. “Today, with such hard work and determination of me and my team we deliver the best of services and solutions which are smart and futuristic, and NextGen Life Sciences Pvt. Ltd. has become the most preferred brand for clients,” says Dr Nagma. The key achievement for NextGen has been the consistent growth for the last six years in terms of revenue and profitability. The company has been successful in attaining customer trust in a short period by providing excellent services in the industry.
Collaborating, Creating and Catering
Dr Nagma assets “We collaborated with partners from USA, Europe, Singapore and other South East Asia countries for distribution business, manufacturing and R&D.” The company’s aim is to achieve its objectives as a single source facility, catering to the research needs of scientists in the field of Molecular biology, cell biology, immunology, health care, drug development, etc.
The team at NextGen Life Sciences works very closely with their customers and would like to gain recognition, success, and growth with a focus on scientist’s research needs and by following three principles viz: value, service, and support. The company’s ultimate focus is to provide high-quality and innovative products and services at competitive prices in a timely fashion to customers.
Awards and Accolades
In 2020, Dr. Nagma Selected as India’s Inspirational Leader by WCRC. She Featured by Forbes India among Top 10 Women Entrepreneurs of India 2020. She also selected and featured as Decisive Women Leaders 2020 by Business APAC, featured amongst 30 Most Influential CEOs by CIO Bulletin, selected as Winner of India 500 CEO Awards 2020, awarded as Entrepreneur of the Year Biotechnology and Healthcare Industry 2020 by Power Brands. Below are few more achievements from Dr Nagma’s journey-
- Listed as India’s Most influential CEO of the Year 2020 – Life Sciences by Corporate Vision Magazine, UK
- NextGen Life Sciences Pvt. Ltd. is winner of India 5000 Best MSME Award 2020.
- Featured as “The Entrepreneurs beyond the bounds of COVID19” by Business Connect magazine August 2020
- Featured amongst 50 Leading companies of the Year 2020 in USA leading Tech Magazine “The Silicon Review “April 2020 issue.
- Entrepreneur of the Year in Trading Business “MSMECCII Genentech Asia Awards 2020.”
- Women Entrepreneur of the Year 2019” by Business Connect Magazine.
- Featured as Emerging Healthcare Solution Providers to watch in 2019.
- Featured as Startup of the Year 2018 by The CEO Magazine
- NextGen Life Sciences has been featured among “Top 20 Best Life Science Start-Ups” by Silicon India Magazine in Year 2018.