India aims to become the main bioinformatics hub

Article Abstract:

India announced on June 9 that it is planning to work hard in information technology (IT) and biotechnology to build first Biotech-IT Park and position it as a global hub for bioinformatics. The main challenge for the Indian bioinformatics companies is to create proprietary products that would generate high-margin revenues and contributing to the economic growth of the country.

Government expenditures, Biological Product (except Diagnostic) Manufacturing, Information Systems & Theory, Molecular Biological Products, Forecasts and trends, Information technology, Economic policy, Market trend/market analysis, Biotechnology, Computational biology

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E&Y report backs Asia-Pacific biotech

Article Abstract:

The biotech field in Asia-Pacific is progressing faster than Europe and may pose severe competition to the US biotech sector. According to the report of Ernst and Young, the Asia-Pacific biotech industry has advanced substantially in 2003 but this growth is not uniform all over, as Australia is developed whilst India and China are developing.

Accounting, auditing, & bookkeeping, Accounting & Auditing Services, Accounting, Tax Preparation, Bookkeeping, and Payroll Services, Reports, Development and progression, Accounting firms, Accounting services, Ernst & Young L.L.P.

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Off the beaten path

Article Abstract:

A group of experts have given their views on the prospects for biotechnology in Australia, Chile, China, India, Cuba, South Africa and South Korea. The biotech companies outside the US and Europe have a common problem in creating a robust and sustainable financing environment for life science ventures.

Financial management, Chile, Finance, Company financing, Industry forecasts

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