Life sciences could become the new engine for economic growth in India, just as the information technologies in the 90’s. After all, Nehru, the former Indian Prime Minister, considered science was the “solution to eradicate poverty”. Biotechnology companies are already among the most profitable in the country and the generic pharmaceutical sector is booming ( Ranbaxy, an indian pharmaceutical company, floods the world markets). India produces a quarter of the generic drugs in the world and an important part of the vaccines used in the developing countries. Since the law of 23 march 2005 prohibiting the copy of drugs, indian pharmaceutical laboratories have to be innovative, and research and development centres are growing and multiplying. The best researchers are trained at the Indian Institute of Science at Bangalore ( South India) or at the National Institute of Immunology at Delhi ( the capital of India). To encourage innovation without depending on the international financial supports alone, the government has created the Department of biotechnology in the mid 80’s. Advanced laboratories construction, research funding, facilitation of administrative procedures to import research material, training of technicians,…the annual budget devoted to this sector has been increased tenfold during the last twenty years. And all these efforts have been rewarded : since 2000, the biotechnology sector is experiencing a 20 % per year growth.
Top Posts & Pages