Sunday, November 15, 2009

India ......will it be next Biotech Hub????????????????


Last week I read some article that Novartis is going to pull over its Analytical Research and Development from India and is shifting its facilities to China......Today at this hour as I am cooking Chilli chicken (Spicy Indian way) for my Sunday feast and listening to Radio Mirchi (India FM Station)...I am just thinking that in this one year there have been major Acquisition and formation of new licensing deals and establishment of major Research and development centres by Top 40 Pharma's in emerging markets like China and South East Asia compared to India.....As we look into the data available till date Novo Nordisk (Insulin -No1 Player), Novartis and others are investing heavily in China and South east Asia .....In India DBT(Government Biotech Agency) and some Big Indian firms are incubating biotech ventures but what all steps are we taking to make India Next Biotech Hub in Asia???...Is it that we will just talk about India Biotech hub every time rather than taking a step forward from our end to make this dream come true.

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