Released on = April 25, 2006, 4:13 am

Press Release Author = RNCOS

Industry = Biotech

Press Release Summary = RNCOS Research:
(http://www.marketsmonitor.com/category/Biotech14.html) India has a strong desire
and potential for the world's future source of biotech appetite. Already several
American and European companies are preparing to set up subsidiaries in the country.


Press Release Body = RNCOS Research:
(http://www.marketsmonitor.com/category/Biotech14.html) In its biotechnology
industry India is a proud contributor of more than $700 million in annual revenues.
With a growth of 40% over the past year, she is second only to United States in the
total number of FDA-approved drug manufacturing plants. The various factors
accounting for India's blossoming biotechnology industry are skilled laborers, low
costs, new patent protections and a pool of patients ready for clinical trials.
Indian companies are ready learners with its good number of educated scientists.

India therefore stands as a good destination for manufacturers and marketers.
Several European companies and US are prompted to set up their units in this
country. They also contemplate on forming contracts with Indian firms for
drug-development research, clinical trials and research-data analysis.

According to industry experts India is to soon become a powerful player in global
biotechnology and all by its own merit and may even pose a threat to other nations.
To further support this situation, India is already acquiescing to World Trade
Organization (WTO) patent protections. This would enable Indian firms to find a base
in developed markets of US and Europe, which will further encourage companies to
enhance their R&D with the objective of patenting their own high-end products.

In its market research report, "Indian Biotechnology Market Outlook (2006)" RNCOS
specialists believe that although Indian biotechnology has just started to develop
and holds only 1% of the global biotechnology market, it is poised for a favorable
growth with an expected world market share of 10% over the next five years.

The report gives a fair picture of the future Indian biotech market, the initiatives
and policies of central and state governments covering all segments of the market.
Having made an intensive SWOT analysis the report analyzes the sector in terms of
size, demand, and foreign and domestic markets for 2005 while making forecasts till
2010.

Finally the report lists company profiles of 20 major companies in the biotech
industry including Shantha Biotechnics, Biocon, Bharat Biotech, Wockhardt, Serum
Institute of India, Zydus Cadila, and Aventis Pharma.

The report can make useful reading for this sector's technicians, manufacturers and
researchers.

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