Released on = May 4, 2006, 4:42 am

Press Release Author = RNCOS

Industry = Biotech

Press Release Summary = RNCOS Research:(http://www.rncos.com/Report/Biotech14.htm)
Opening up of the Genome valley in Hyderabad is a clear indication that Indian
biotechnology market is going to boom in the near future.

Press Release Body = RNCOS Research:(http://www.rncos.com/Report/Biotech14.htm)
Spreading over 600sq km, the genome valley in Hyderabad is developing into the first
technologically advanced biotech huddle for life science activities such as
research, training and manufacturing in India. The valley will accommodate
international life science institute, a biotech incubation center for start-ups and
a top-notch animal resource facility and several among other amenities. Almost 50
biotech companies, which include several MNCs, have already established their units
in this huddle.

A syndicate of companies is providing financial support to this endeavor. Initially,
the government had allotted 100 acres land for the life science research facility.
However, the government has also allotted 300 acres of land for the third phase of
the biotech park, as two phases have already been occupied.

As per a recent market research report named "Indian Biotechnology Market Outlook
(2006)" published by RNCOS, "With an amount of $30 million, the state has also
launched India\'s first biotech business enterprise fund. It has been introduced as a
joint venture between Dynam Venture East, USA and Andhra Pradesh Industrial
Development Corporation (APIDC) Venture Capital Ltd to subsidize start-up biotech
firms".

As per experts, "The consumption of biotechnology products in India will reach
$1.52bn and $4.53bn by the years 2007 and 2010".

The report is useful for both the investors as well as the entrepreneurs, as it
includes:

· The company profiles of 20 leading firms including Biocon, Wockhardt, Bharat
Biotech, Zydus Cadila, and Aventis Pharma etc in the biotech sector.
· Thorough analysis of the biotech market, in terms of demand, exports, size and
domestic market, in India for the year 2005.
· Region wise analysis of biotech market in India is also covered.
· A comprehensive discussion of the initiatives and policies taken up by the state &
central governments to support this industry is also included in this report.
· The future prospects and set of opportunities for the growth of the biotech
industry in India plus various challenges the industry is facing at present are
covered in this report.
· Forecast till the year 2010.


About RNCOS
RNCOS, formed in 2002, offers Market Research Reports for your business needs and
aims to put an end to your information pursuit. Our expertise in gathering global
business information for industry research, corporate training, growth consulting,
and business consulting, brings reputed companies and firms to us for business
enhancement solutions. We can be your one-stop-shop for Industry research
information and niche market analysis.

To purchase your copy: http://www.rncos.com/Report/Biotech14.htm
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