Introduction to Biotechnology in India-History and Evolution. Brief Discussion about Current scenario and scope of Biotechnology in India and top companies.
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Language: en
Added: Jun 25, 2020
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BIOTECHNOLOGY IN INDIA (Current Scenario) Presented by: Bhagyashree Srivastava BT 4 th Year
Phases of Biotechnology
Scope of Biotechnology Biotechnology is one of the emerging career fields in India . Food Technology, Nutrition , Medicines , Healthcare , Forensic Sciences
Father of Indian B iotechnology Kiran Mazumdar Shaw (born in 1953) as father /mother of biotechnology in India . She is chairman and managing director of Biocon ; and chairperson of IIM-Bangalore. The Department of Biotechnology (DBT) established under the Ministry of Science and Technology in 1986 Sponsored research in molecular biology, agricultural and medical sciences, plant and animal tissue culture, biofertilizers and biopesticides , environment, human genetics, microbial technology, and bioprocess engineering, etc.
BIRAC Not-for-profit , public-sector enterprise that was set up by the Department of Biotechnology in 2012 to “stimulate, foster and enhance the strategic research and innovation capabilities of the Indian biotech industry, particularly start-ups and SMEs” To support the innovation ecosystem in India T o nurture innovators from academia Industry to work independently or together BIRAC’s mission is to take innovation from the bench to the bedside, from the lab to the field, from the desk to the market
BIRAC has supported 316 start-ups, which have generated $125 million through 122 products and technologies, including a cattle-feed supplement, a new process to manufacture human albumin and immunoglobulin, microfluidics-based diagnostics and a rapid test for malaria.
T he major thrust areas of biotechnology development in India have been reviewed in which include Education and training, Agricultural biotechnology, Biofertilizers and biopesticides , Tissue culture for tree and woody species, Medicinal and aromatic plants, Biodiversity conservation and environment, Vaccine development, Animal , aquaculture, seri and food biotechnology, Microbial technology, Industrial biotechnology, Biochemical engineering and associated activities
Industry Scenario India is also one of the first countries to have a department dedicated to Biotechnology. The Department of Biotechnology has also set up BIRAC (Biotechnology Industry Research Assistance Council) The Indian Biotechnology industry that was valued at $51 bn in 2018, growing at 14.7% year-on-year. India currently has 4,50,000+ sq. ft. of incubation space 41 bio-incubators have been supported by BIRAC and established since 2014, with more planned across the country
Division of Biotechnology in Industries and its share
Major Investors
Growth Drivers: Growing population India to become the world’s most populous country by 2030 Rising demand for treatments Increased insurance penetration and a growing burden of disease Medical infrastructure facilities $200 bn expenditure planned on medical infrastructure over the next decade Strong skilled manpower pool ‘National Biopharma Mission’, an Industry-Academia mission to skill the workforce Cost competitive manufacturing Development of life-science clusters builds collaborations between research institutes and the private sector
In 2017, Indian vaccine manufacturer Bharat Biotech in Hyderabad began the first clinical trials of its vaccine against the mosquito-borne virus chikungunya , which re-emerged in India in 2006 after 32 years and infected more than 1.4 million people In one 2016 report on biotechnology, India ranked only 49th out of 54 countries. But it scored particularly highly on the availability of venture capital compared to countries such as the United Kingdom, Australia and Canada .
Top Biotechnology companies in INDIA Serum Institute of India . Panacea Biotec Limited. Wockhardt . GlaxoSmithKline Pharmaceuticals Limited Bharat Serums and Vaccines Limited . Novozymes .