ISRAEL-INDIA Business Guide | Medical Technology, Pharma & Biotech

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Israel-India Business Guide - MedTech, Pharma & Biotech 30
MedTech
The setting up of a separate Department of Biotechnology
(DBT), under the Ministry of Science and Technology,
has been a significant move by the government. The
department has been instrumental in accelerating the pace
of development of biotechnology in the country in several
ways. It has launched schemes to promote innovations in
biotechnology in India like:
BIPP (Biotechnology Industry Partnership
Programmes) for advanced technology
It is a scheme focused on frontier technology for
environment, health, agriculture, bio-energy and bio-
manufacturing. The scheme allows private industries
to undertake research and share the related costs with
public research centers,while retaining the intellectual
property of the results, with re-payment of a royalty to
the public institution. The scheme is reserved for Indian
companies by join-venture with foreign partnership are
eligible, provided the share of the latter does not exceed
49%.
SBIRI (Small Business Innovation Research
Industry)
A scheme to support innovation for the Small-Medium
Enterprises of the biotech sector, with provision for grant
of 80% of the total cost of the research project if it is below
2.5 million Indian Rupees, and 50% for any amount up to 10
million Rupees. Beyond this ceiling, it is possible to obtain
an interest-free loan up to 5 million Rupees and 1% up to
10 million Rupees.
BIRAC (Biotechnology Industry Research
Assistance Council)
This has been activated to support and assist start-ups,
especially SMEs, to catalyze biotech in the private sector
and promote PPP projects.
Bio-tech parks
There are 27 biotech parks across India. The largest are
located in Hyderabad and in Pune. Important biotech
parks are located also in Lucknow and Chennai. Typically,
biotech parks are meant to provide the following facilities
and services:
• Research
• Incubation
• Clustering of private industries
• Key Biotechnology Parks and Research Institute in India
Biotechnology Parks
• ShapoorjiPallonji Biotech Park in Hyderabad, ICICI
knowledge Park in Hyderabad, International Biotech
Park in Pune, Lucknow Biotech Park in Lucknow, Golden
JubileeBiotech Park in Chennai, Tidel Bio Park in Chennai.
Research Institutes
• Center for Cellular & Molecular Biology (Hyderabad),
Indian Institute of Chemical Biology (Kolkata), Institute
of Genomics and integrative Biology (New Delhi),
Institute of Microbial Technology (Chandigarh), National
Center for Biological Sciences (Bengaluru), Jawaharlal
Nehru Center for Advanced Scientific Research
(Bengaluru),Indian Institute of Science (Bengaluru).
*The Author is a Director of Market Intelligence in ASA & Associates LLP,
Biotechnology
Integrated
Research apps
software
Custom
Manufacturing
Bio-informatics Bio-industrial Bio-agri
Bio-Fertilizers Diagnostic
Bio-services Bio-pharma
Vaccine CRO Hybrid Seeds Industrial
Enzymes
Database
Services
Bio-tech software
service
Bio-Pesticides
Biotechnology Industry In India