life science industry in india: biospectrum top 20 survey

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Top 20 APAC Country Analysis India

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Top 20 APAC Country Analysis

India

Top 20 BioScience Companies in India

India generated the nearly

one-fourth of the global

revenue of the life science

market in APAC.APAC

Life Science Industry

India

Encouraging Ayurveda, Yoga - Naturopathy, Unani, Siddha & Homeopathy

This year the Central

Government announced

an allocation of

$780 million for the

development of AYUSH

MoU was signed between

Bharat Immunologicals (India)

and Biologicals Corporation

(Netherlands) under the ‘Make

in India' initiative of

Government of India to develop

measles-rubella vaccine.

International Collaborations

India is expected to finalize its regulations on Clinical Trials by the end of 2015

The Central Government has also decided to suitably amend Para 5.11 and 5.12 of the National

Policy on Biofuels for facilitating consumers of diesel in procuring bio-diesel directly from private bio-diesel manufacturers and

their authorized dealers.

This decision will encourage the production and use of bio-diesel

in the country.

Indian Lifescience industry:Third-largest contributor toreducing India's merchandisetrade deficit.

Pharma Sector:India now the eighth largest

country by value globally with one of the highest growth rates.

India is strongly positioned in key overseas markets like USA.

Clinical trials: India continues to be one of the top 15 destinations globally.

In R&D and regulatory, Indian industry has accounted

for 32 percent of the ‘Abbreviated New Drug

Appl icat ion’ f i l ings last year, second only to the US at

44 percent according to F ICCI .