Friday, December 25, 2009

Major potential for plasma proteins in India

Major potential for plasma proteins in India

Hemophiliacs are the target population for players interested in plasma protein R&D. India needs about 900,000 liters of plasma proteins per year. India has been meeting this requirement so far by importing these proteins. None of the other Plasma proteins is being manufactured in India as yet.

The bio-services sector has growm by approximately 53 per cent in 2006-07. The sector contributed revenues of US$ 268 million to Indian biotechnology, second only to the bio-pharma sector. Bio-services is also the second fastest growing sector in Indian biotechnology after Bio-agri.

Bio-agri is the third largest contributor to Indian biotech industry during 2006-07 with a turnover of US$ 225 million, accounting for almost 11 per cent of the biotech pie. However, its growth rate of almost 55 per cent is the highest among all the biotech segments.

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