By establishing itself in several key niche markets, the Asian biotech and pharma industries have thrived in the global biopharmaceutical market and have seen significant growth in the recent years. With a dedication to innovation and research, Asia is progressing rapidly towards establishing itself as a leader in biotechnology. Biotechnology is at the threshold of tremendous growth and India is emerging as an important player in the global sector.
The Indian biotechnology sector valued at USD 2.86 Billion in 2007- 2008 is one of the fastest growing knowledge-based sectors and is expected to play a key role in shaping India's rapidly developing economy. With a remarkable growth of 30 % over the last few years in the biotech sector, India has started attracting the Global Attention especially in the field of clinical trials, contract research & manufacturing and other services of Biopharma segment. Besides, India is the leader in global vaccine market contributing to over 33% of the global market.
Hot Biotechnology Destination: Why India?
- Availability of quality manpower and knowledge base
- Good network of research laboratories and Institutions
- Rich Biodiversity in animal, plants and human races
- Well developed base industries (e.g.: pharmaceuticals, bulk drugs, seeds, etc.)
- Access to intellectual resources of NRIs in this area.
- Extensive clinical trials and research facilities- access to vast & diverse disease populations
- India's human gene pools offer an exciting opportunity for genomic studies.
- Agriculture being the mainstay of the people translates into a corresponding growth of the Agribiotech sector.
ANDHRA PRADESH
Andhra Pradesh has emerged as the front runner in the Biotech Infrastructure and Research & Development with the creation of Genome Valley, which is the first state-of-the-art biotech cluster in India for life science research, training and manufacturing activities spread over 600 Sq. Km. Genome Valley comprises of ICICI Knowledge Park, Shapoorji Pallonji Biotech Park, APIIC Biotech Park, etc. and houses several “Centers of Excellence” such as Centre for Cellular and Molecular Biology (CCMB), Centre For DNA Fingerprinting and Diagnostics (CDFD), National Institute of Nutrition, International Crop Research Institute for the Semi-Arid Tropics, etc. Besides, Andhra Pradesh, also known as the seed and poultry capital of India, is the home for large number of Agro based industries in including paper, fish & prawn processing, meat processing, vegetable oils, sugar factories, rice mills, fruit processing, cotton spinning, etc.
BIOASIA 2010: THE GLOBAL BIOBUSINESS FORUM
BioAsia is an annual international biotech event, active since 2004 assisting biotech and pharmaceutical companies around the globe to create new business partnerships, academic and industrial collaborations and for exploring and sharing resources.
The seventh edition of the BioAsia, BioAsia 2010: The Global Biobusiness Forum is all set to be held at Hyderabad from February 3-6, 2010. With the tremendous response received from the Biotech/ Biopharma/ Agribiotech industries, it has been decided to lay major emphasis in the Biopartnering and Tradeshow during BioAsia 2010. The event will comprise of conference, tradeshow and B2B Platform.
The special events at BioAsia 2010 will include |
