Innovations in the Biotech and Pharma Industries in India
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Case Details:
Case Code : BREP014
Case Length : 15 Pages
Period : 1978 - 2004
Pub Date : 2005
Teaching Note : Available
Organization : -
Industry : Biotech and Pharmaceutical
Countries : India
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BREP014) click on the button below, and select the case from the list of available cases:
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Other than the GoI, some state governments6 have also taken initiatives for the development of biotechnology in their states. Andhra Pradesh (AP), Karnataka, Tamil Nadu and Maharashtra were in the forefront.
In 2000, the AP government set up the Genome Valley to host almost all the major players in the field of biotechnology. It declared an area of approximately 600 sq. kilometres as the Genome Valley.
The AP government aimed at providing high quality infrastructure at a reasonable cost with integrated services to biotech manufacturing units by setting up a series of Biotech Parks.
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One of the parks that was set up was the ICICI Knowledge Park (IKP); this was done in partnership with ICICI Bank.7 IKP has been leasing out bare and ready-to-use modular laboratory units each of 3,200 sq.ft. area as well as plots of land for setting up customised R&D centres.
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IKP has also been providing a range of infrastructure and administrative support services to create a congenial stress-free environment. Tamil Nadu was planning to set up biotechnology enterprise zones to use the bio-resources available with the state.
The Maharashtra government also has been promoting biotech parks and R&D centers.
The Karnataka government has formulated a biotechnology policy for the promotion of the biotechnology industry.
It set up the Institute of Bioinformatics and Applied Biotechnology (IBAB) in partnership with ICICI in the year 2001. |
IBAB has been conducting courses and training programs in bioinformatics and biotechnology. It has also been promoting the incubation of new startups in the biotech industry, and conducting research and development in the field of bioinformatics and other related areas...
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