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India - Biotech, Pharma and Life Science Channel

06:26 EDT 26th September 2018 | BioPortfolio

India, in the Asian subcontinent is the world’s fourth largest producer of pharmaceuticals, and is thought as one of the most promising biotech markets in the world.

Several important steps have enabled this transition; reintroduction of patent protection laws for pharmaceutical products in 2005,high levels of Indian investment into their national biotechnology industry and the establishment of the Department of Biotechnology (DBT) in 1986 (to boost and support the industry). The DBT are using rebate on R&D, 100% foreign direct investment and excise and customs duty waiver on certain products to attract companies to the country and Venture Capitalists (VCs) are helping the start-up of many new biotech companies. In 2006-2007 the industry experienced 30% growth, and is worth billions of US dollars.

As well as many national companies, India hosts many MNC, and is proving to have a large skilled work-force for manufacturing and research. There are currently 325 companies, 

The top ten biotech companies in India are listed below;

1. Biocon
2. Serum Institute of India
3. Panacea Biotec
4. Nicholas Piramal
5. Wockhadrt Limited
6. GlaxoSmithKline
7. Bharat Serum
8. Krebs Biochemicals and Industries Limited
9. Zydus Cadila
10. Indian Immunologicals

Source; Adapted from Chillibreeze.com, kooperation-international.de

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Medical and Biotech [MESH] Definitions

A genus of snakes of the family VIPERIDAE. It is distributed in West Pakistan, most of India, Burma, Ceylon, Thailand, southeast China, Taiwan, and a few islands of Indonesia. It hisses loudly when disturbed and strikes with great force and speed. Very prolific, it gives birth to 20-60 young. This viper is the leading cause of snakebite in India and Burma. (Moore: Poisonous Snakes of the World, 1980, p127)

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Ethnic group originating in India and entering Europe in the 14th or 15th century.

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