Economic Times has profiles of 3 new VC-backed Life sciences companies: Cellworks Research FOUNDED: 2005 INVESTOR: Artiman Ventures ACTIVITY: Drug discovery using a proprietary computer simulation platform to find new uses for old drugs in inflammation and cancer POTENTIAL REVENUE STREAMS: Licensing drugs for development and marketing,selling its proprietary green chemistry technology to various industries Vyome Biosciences FOUNDED: 2010 ACTIVITY: Researching drugs for wound healing,skin pigmentation,finding new uses for old drugs in dandruff and acne treatments INVESTOR: Navam Capital POTENTIAL REVENUE STREAMS: Licensing drugs for development and marketing to larger companies Mitra Biotech . FOUNDED: 2009 INVESTOR: Kitven,Accel Partners,India Innovation Fund ACTIVITY: Diagnostics to personalise cancer medicine in partnership with hospitals and drug companies POTENTIAL REVENUE STREAMS: Offering testing services to cancer hospitals to match drugs to patients,partnering drug companies d...