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Biotechnology in India I (Hardcover, 2003 ed.)
Loot Price: R5,750
Discovery Miles 57 500
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Biotechnology in India I (Hardcover, 2003 ed.)
Series: Advances in Biochemical Engineering/Biotechnology, 84
Expected to ship within 10 - 15 working days
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The biotechnology business in India with an increase from USD 500
million in 1997 and reaching an estimated USD I billion next year
health related prod ucts accounting for 60%, agro and veterinary
products together 15%, and con tract R&D, reagents, devices and
supplies adding up to the remaining 25% of which the diagnostics
share was about 10% of the total surely presented an encouraging
picture even five years ago. While volumes have increased, the pat
tern has not. According to a report, prepared by McKinsey & Co,
India's Phar maceutical industry including domestic and export
sales and contract services totals nearly USD 5 billion.
Furthermore, the company optimistically projects the growth to a
factor of five fold only if both the industry and the government
are able to put in place achievable solutions that must take care
of the formida ble obstacles preventing further growth. If this
assessment is correct, then the established transformation made by
IT growth should also provide the confi dence required by the high
expectations for biotechnology which have arisen in the country in
recent years. Some contributors to this are overenthusiastic these
are bureaucrats, some retired scientists and of course the
complacent politicians who have the least knowledge of what the new
biotechnology is all about. However, there are clear indications of
biotechnology growth demon strated by a few but rapidly expanding
biotech companies such as Biocon Ltd, Shantha Biotech (P) Lid, Dr.
General
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