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Global Opportunities In Biotechnology For Indian Business Leaders
Essay specific features
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Written by:
Norma P
Date added:
August 15, 2015
Level:
University
Grade:
A
No of pages / words:
7 / 1730
Was viewed:
727 times
Rating of current essay:
Essay content:
Thus for biotech companies to survive their current business models, they must pursue profits through products and services, which reflect this rapid rate of change.
Biotechnology has a vast application area, some prominent ones are
Microbes: improve the functionality of key food ingredients, such as enzymes
Plants: enhance to ability of plants to fight disease and pests, remove allergens from food
Animals: enhance the ability of livestock & pets to overcome disease and maintain health
Humans: anticipate & intervene earlier in a disease through new medicines
The Human Genome Project signals a paradigm shift for the global pharmaceutical industry in its search for critical drug discoveries...
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To take advantage of the opportunities afforded by genomics, several well established Indian pharmaceutical companies such as Nicholas Piramal India Ltd, Ranbaxy Laboratories and Dr Reddy’s Laboratories have decided to enter this fast growing sector.
Bioinformatics is another interdisciplinary research area, which may be defined as the interface between biological and computational sciences...
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