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Indian Bioinformatics industry
Digital Vector, Oct 2004, Pages: 45
The industry comprises of players in areas such as contract research and development (R and D) services, clinical and proof of concept clinical investigation, clinical trials, contract research, bio-engineering, stem cell research, contract manufacturing, bioinformatics and drug development. We are also witnessing activity in the field of research and development in biotechnology with companies like Ranbaxy, Dr Reddy’s Laboratories and Nicholas Piramal have been working on licensed molecules, clinical trials of drugs already formulated, and bioprospecting from Ayurveda, which is India’ s traditional medicine.
The Indian software companies have come up with the software tools to capture, manage and analyse the voluminous amount of genetic data. India’ s skilled but low cost manpower is the reason why MNCs are sending their genomic and proteomic data to India for analysis. A key advantage of India is the availability of skilled but low cost manpower. Unlike IT, bioinformatics requires a highly skilled work force with knowledge of IT, molecular biology, protein separation chemistry, instrument control, data acquisition and data analysis tools.
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