Released on: December 12, 2007, 2:41 am

Press Release Author: Valuenotes/Knowgenix

Industry: Pharmaceuticals

Press Release Summary: A new study by Pune-based ValueNotes in collaboration with
Mumbai-based KnowGenix, titled \"Bioinformatics Outsourcing for Life Sciences - India
Opportunity" shows that global clients are increasingly looking at India to cater to
their bioinformatics needs.

Press Release Body: Pune, India; December 2007
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A new study by Pune-based ValueNotes in collaboration with Mumbai-based KnowGenix,
titled \"Bioinformatics Outsourcing for Life Sciences - India Opportunity" shows that
global clients are increasingly looking at India to cater to their bioinformatics
needs.

The report provides an in-depth analysis of the Indian bioinformatics vendor
landscape. ValueNotes uses a robust methodology to rate vendors on the basis of
weighted averages of various quantitative and qualitative factors, including
reputation, size, service focus, financial strength, partnerships, recognition and
certifications. The study has revealed Ocimum Biosolutions and TCS as the top
vendors of bioinformatics services.

Ocimum Biosolutions provides end-to-end genomics, and has built a strong service
portfolio through the acquisition of German-MWG's DNA microarrays and Isogen Life
Sciences' biomolecules synthesis business. Though, it was set-up as a pure
bioinformatics company, it has expanded into the bioresearch business to emerge as
an integrated player in life sciences. Adds Dr. Ashwin Sivakumar, Head Marketing,
Ocimum Biosolutions, \"the future will see integrated life sciences players pulling
major chunk of bioinformatics services business. Hence, Ocimum Biosolutions is
already working towards this business model".

TCS, part of the TATA group that has interests in telecom, steel and retail, is
amongst the largest IT companies in India. Owing to its large size, it is able to
offer scalability to its bio-informatics clients. It has entered into deals with
international players like Congenia (Italy) and Sequenom (US), with the deal with
Congenia being one of the first such research deals by an IT company. TCS has a
strong R&D thrust and undertakes innovative R&D at its Advanced Technology Centre.

The ValueNotes / KnowGenix report forecasts that the Indian bioinformatics services
outsourcing opportunity is expected to grow at a CAGR of 25% rising from USD 32
million in 2007 to USD 62 million by 2010. According to Arun Jethmalani, CEO
ValueNotes, "The wide variety of opportunities and their diverse nature will attract
many new bioinformatics vendors, as well as encourage existing players to broaden
and deepen service offerings. Though the opportunities are clear, tapping these
opportunities will require various "success factors". We expect that there could be
disproportionate gains by a few strong vendors, including those from our "winner"
list."

About ValueNotes

ValueNotes Database is a leading provider of business intelligence and research,
with expertise across selected domains and types of customer needs. Working with
clients across the globe we have significant understanding of international markets.


About ValueNotes Outsourcing Practice

The ValueNotes Outsourcing Practice is one of the largest information providers on
the outsourcing industry. Our Outsourcing Practice uses a comprehensive, analytical
framework providing fresh insights into the fast emerging and yet, complex
outsourcing space. We extensively track the outsourcing space in-depth through a
regular analysis of news and events and continuous primary research and contact with
the industry.


About KnowGenix

KnowGenix is a business research and growth strategy service provider with
chemicals, materials and energy practices. The firm researches business and
technology trends in oil, gas, petrochemicals, fine, speciality and life science
chemical value chains besides materials and energy. It assists global clients with
research and growth strategy services through its international alliances.


Web Site: http://www.valuenotes.biz/bpo/bioinformatics.asp

Contact Details: ValueNotes Database
301, Venus Point, 1226/1 Off F.C. Road, Pune - 411004, INDIA
Tel: +91 20 66010423/24
URL: www.valuenotes.biz
Contact person: Arpita Bedekar
Email: bporesearch@valuenotes.biz