Friday, December 26, 2014

Biopharmaceutical Industry in India Report 2010


The biopharma sector makes for a huge part of the Indian biotechnology industry—$1.9 billion in 2009-2010 to be precise, accounting for 60% of the $3 billion revenues of the biotech industry as a whole. Vaccines are of largest share among biopharma products with 60% contribution. Government of India is giving support to this industry by providing funds to promote growth through its initiatives like Biotech Industry Partnership Programme (BIPP), and Biotech Industry Research Assistance Programme (BIRAP).With world class R&D facilities and cost cutting capabilities India is attracting contract research outsourcing projects which is an add-on to the biopharma sector growth .The world has understood the value of India as R&D hotspot and they simply cannot lose the opportunity of being in India.


India has an enormous potential in becoming a leading player in the global biotechnology industry. The Indian biotech sector stands 4th in terms of volume and 13th in terms of value. The sector is one of the fastest growing knowledge-based sectors in India and experts predict that biotechnology is going to play a key role in shaping India's rapidly developing economy.


India’s scientific knowledge pool stands at 3 million graduates, 700,000 post-graduates and 1,500 PhD’s. A comparison of several countries shows that these numbers are increasing in India annually at a faster rate than in other countries. India is estimated to add 690,000 graduates annually which is significantly higher than in China, Japan, the United States, or Europe.

The cost differential for drug discovery between the United States and India is around 75%. In India, a drug discovery process may be around USD 200 million in versus USD 800 million in the US Clinical trials cost 30% less to carry out in India than in Australia and about 50% less than in the US.

To DOWNLOAD this complete 8 page Report For FREE Kindly follow the download link mentioned in the description box of this report

You can Download the Complete Report ( Free ) from here

Thank you & we Hope this report will help you getting better ideas for fulfilling your project.

Have a Great Day !!!

No comments:

Post a Comment