Reports recently released by Biospectrum India show that the biotechnology sector is fast growing in the country. Using business data on exports, company growth, and progress made by biotechnology clusters, the reports detail investments made in the industry, as well as industry earnings for 2004-2005.

The top five biotechnology companies in India are Biocon, an integrated biotech company with interests in discovery, biopharmaceuticals, and enzymes; Serum Institute of India and Panacea Biotec, both vaccines manufacturers; Venkateshwara Hatcheries, a poultry vaccines manufacturer expanding into the human health care market; and Mahyco-Monsanto Biotech. The Top 10 biotech companies in the country accounted for 47% of the total biotech business.

According to the report, the approval of a total of 17 Bt cotton hybrids for cultivation has contributed significantly to the growth of the agricultural biotechnology sector.

For more information, read the Biospectrum India Articles at

http://www.biospectrumindia.com/content/BSTOP20/10506133.asp , http://www.biospectrumindia.com/content/GuestColumn/10506137.asp , and http://www.biospectrumindia.com/content/BSTOP20/10506131.asp