Contents:

1. EXECUTIVE SUMMARY 2. Definition and Role of Bioinformatics 2.1 Growing Demand for Biotechnology 2.2 Role of Bioinformatics 2.3 Customer Base 2.4 Bioinformatics Target Disciplines 2.5 Bioinformatics Market Segments 2.6 Bioinformatics Tools 3. Bioinformatics Market - Outsourcing Opportunity 3.1 Global Bioinformatics Market 3.2 Indian Bioinformatics Opportunity 3.3 India Advantage - Offshoring Drivers 3.4 Constraints to Offshoring to India 3.5 Indian Bioinformatics Industry - SWOT analysis 3.6 Comparative Country Analysis 4. Indian Vendor Analysis 4.1 Indian Bioinformatics Industry Structure 4.2 Vendor Scenario 4.3 Vendor Analysis 4.4 Vendor Challenges 4.5 Availability of Funding 5. Projections, Trends and Insights 5.1 Projections 5.2 Business Models - Partnering the way to go 5.3 Impact of Technological Trends 5.4 Impact of Industry Trends 5.5 Opportunities for Vendors 6. Vendor Profiles 6.1 Avestha Gengraine Technologies Pvt. Ltd. 6.2 GVK Biosciences Pvt. Ltd. 6.3 HCL Technologies 6.4 Infosys Technologies Ltd. 6.5 Jubilant Biosys Ltd. 6.6 LabVantage Solutions Pvt. Ltd. 6.7 Mphasis Ltd. 6.8 Ocimum Biosolutons Ltd. 6.9 Strand Life Sciences 6.10 Tata Consultancy Services Ltd. 6.11 Services Offerings of Select Vendors 7. Appendix: Related Information 7.1 Non-Life Sciences Bioinformatics Customer Groups 7.2 Functions of the Biotechnology Information System Network (BTIS) 7.3 The Biotechnology Policy of India (BPI- 2004) 8. Vendor Directory 9. Research Methodology 10. About the Author 11. About the Author Exhibit 1: Definition of Bioinformatics Exhibit 2: Drivers for Off-shoring of Bioinformatics Exhibit 3: Projected Global Bioinformatics Market (2007-2010) Exhibit 4: Projected Bioinformatics Off-shoring Market in India (2007-2010) Exhibit 5: Vendor Segmentation Exhibit 6: Vendor Category Specialization versus Bioinformatics as percentage of all Services Exhibit 7: Likely Winners Exhibit 8: Opportunities to Bioinformatics Vendors Exhibit 9: Evolution of Bioinformatics Exhibit 10: Life Science data + IT = Bioinformatics Exhibit 11: Scope of Bioinformatics Exhibit 12: Bioinformatics Industry Participants Exhibit 13: Global Bioinformatics break-up by Target Disciplines Exhibit 14: Bioinformatics - Demand and Supply side Exhibit 15: Market Segments Exhibit 16: Bioinformatics Software sub-disciplines Exhibit 17: Global Bioinformatics Market (2004-2007) Exhibit 18: Indian Biotech Industry Segments (2006-07) Exhibit 19: Indian Biotech Industry Revenues Exhibit 20: Indian Bioinformatics Market (2004-2007) Exhibit 21: Indian Bioinformatics break-up by Target Disciplines Exhibit 22: Indian Bioinformatics Outsourcing Opportunity Exhibit 23: Select Outsourcing Deals Exhibit 24: Drivers for Off-shoring of Bioinformatics Exhibit 25: Tie-ups between Wet Labs and In-silico Labs Exhibit 26: Growth of IT and Pharma Outsourcing Exhibit 27: India Bioinformatics Landscape - SWOT Analysis Exhibit 28: Relative Attractiveness by Country Exhibit 29: Indian Bioinformatics Industry Structure Exhibit 30: Locational Distribution of Bioinformatics Vendors Exhibit 31: Vendor Segmentation Exhibit 32: Revenue Share of Vendor Categories Exhibit 33: SWOT Analysis of different Vendor Segments Exhibit 34: Domestic Pure Play - Service Mapping Exhibit 35: Domestic IT - Service Mapping Exhibit 36: Domestic Life Sciences - Service Mapping Exhibit 37: Multinationals - Service Mapping Exhibit 38: Vendor Category Specialization versus Bioinformatics as percentage of all Services Exhibit 39: Vendor Mapping based on Bioinformatics Services Focus and Specialization Exhibit 40: Vendor Mapping based on Breadth of Services and Size of Bioinformatics Division Exhibit 41: Likely Winners Exhibit 42: Exchange Rate Fluctuations: INR - USD Exhibit 43: Critical Success Factors Exhibit 44: Select VC investments in Bioinformatics Companies Exhibit 45: Global R&D Spend estimates Exhibit 46: Projected Global Bioinformatics Market (2007-2010) Exhibit 47: Projected Bioinformatics Off-shoring Market in India (2007-2010) Exhibit 48: Partnering Models Exhibit 49: Market Opportunity for LIMS Exhibit 50: Opportunities to Bioinformatics Vendors Exhibit 51: Bioinformatics Services and Applications by Vendor Exhibit 52: Vendor Directory

Summary:

Research companies around the world now feel the need for enormous computing and data management competencies to sequence and categorize data generated by drug-discovery labs. To facilitate the storage, management, retrieval, and analysis of this large-scale data, the application of IT to the life sciences sector - bioinformatics, assumes increasingly higher significance. The use of bioinformatics tools lowers costs, improves efficiency and reduces development-to-launch timelines. The drive to further reduce R&D costs by off-shoring to low cost destinations is fuelling the outsourcing of bioinformatics services from India. This report examines the bioinformatics services outsourcing market in India for the life sciences space. According to Arun Jethmalani, CEO, ValueNotes, "Outsourcing to India, compared to other developed countries, offers about 30-40% costs savings in overall drug discovery research, and close to 60% cost savings when outsourcing core bioinformatics services. This is owing to the lower wage costs for skilled manpower, and lower infrastructure costs." The author estimates that India's bioinformatics services outsourcing revenues are about USD 32 million, and are expected to grow at a CAGR of 25% touching USD 62 million by 2010. India has emerged as an attractive destination for outsourcing bioinformatics services owing to availability of low cost English-speaking manpower, lower capital and operational costs, and its established success as an IT and pharma outsourcing hub. "Vendors, that lack international visibility for their products, are rapidly building service capabilities to capitalize on the India advantage. Pure play companies offer specialized services, IT companies offer services across the life sciences vertical while domestic life sciences companies are offering a complete research solution that includes bioinformatics services", says Dr Raj Rajagopal, CCO KnowGenix. The Indian vendor landscape for bioinformatics services outsourcing is made up of: Pure bioinformatics companies like Strand Life Sciences, Molecular Connections, VLife Sciences Technologies Domestic IT companies like Infosys, HCL Technologies, TCS Domestic companies with focus on CRAMS like Jubilant Biosys, Avesthagen, GVK Biosciences Multinational IT companies like Mphasis, IBM India Multinational Pure bioinformatics companies like Cytogenomics, LabVantage Going forward, we expect vendors to explore alliances or acquisitions to broaden their product/service portfolio, customer base, and geographical reach. Currently, vendors are actively seeking alliances that complement their core competencies and allow them to use emerging technologies in a mutually beneficial and cost competitive manner. Partnering strategies like licensing arrangements, marketing arrangements, and collaborative product development and research partnerships will be increasingly undertaken. According to Suchita Chaudhari, Senior Analyst at ValueNotes, "We believe companies offering an integrated services portfolio will enjoy an upper hand, compelling pure play vendors offering only discovery informatics to expand into clinical trials informatics, and / or life sciences research to remain competitive." A critical success factor for India as a rising destination for outsourcing bioinformatics services is the availability of quality manpower. "India is facing a shortage of experienced bioinformatics professionals, which is resulting in higher attrition and rising wage levels. These in turn could reduce the cost competitiveness of India over her other counterparts in China, Brazil, Ireland, etc. Government and private initiatives to boost industry-academia interaction, and corporate training initiatives are a step in the right direction," believes Poonam Bhana, Analyst, ValueNotes The report provides an overview of the buyer scenario and an in-depth analysis of the Indian vendor space along with profiles of major industry players. The report is designed to help: Research companies looking to outsource/off-shore bioinformatics services Global biotechnology and pharmaceutical companies to gain understanding of the Indian bioinformatics vendor space Outsourcing consultants to evaluate and compare offerings of Indian bioinformatics vendors Potential vendors to assess opportunities in India Bioinformatics vendors to assess the competitive environment in India Venture capital companies looking for investment opportunities Researchers looking for detailed information on Bioinformatics services off-shoring to India This study is based on extensive interviews with key bioinformatics vendors in India, supplemented with knowledge from secondary sources.

Companies Mentioned

- Apticraft Systems - Avestha Gengarine Technologies - Biobase Databases India - BioImagene - BioMakro - Brainwave Solutions - Caliber Technologies - Cognizant Technology Solutions - Cytogenomics India - Dr. Reddy's Laboratories - Genepixels - Genotypic Technology - GVK Biosciences - HCL Technologies - Helix Genomics - IBM India - Ilabs - Infosys Technologies - Ingenovis - Jalaja Technologies - Jubilant Biosys - LabVantage Solutions India - Landsky Solutions - Mascon Global Persistent Systems - Molecular Connections - Mphasis SAS India - Ocimum Biosolutions - Satyam Computer Services - Siri Technologies - Strand Life Sciences - Sun Microsystems India - SysArris Software - Tata Concultancy Services - TATA Elxsi - Technoconcept India - Thinkgen - Vlife Sciences Technologies - Wipro Technologies - Wockhardt