Indian biotech industry booming
New
Delhi,
Sep
25,
2007:
Reinstating
the
popularity
of
the
Biotech
sector
in
India,
world's
biggest
biotech
and
life
sciences
companies
are
heading
towards
India
looking
at
a
range
of
activities,
from
clinical
research
to
drug
discovery.
These companies are said to be attracted to India's talent, low costs and capabilities demonstrated by a host of small Indian biotech companies. The Indian biotech sector today comprises of over 280 companies, and the growth rate of this sector is among the fastest in the world.
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Story first published: Tuesday, September 25, 2007, 17:26 [IST]