Biotech enigma: On the BioE3 proposal and beyond
Earlier this week the Cabinet cleared a proposal, though without specifying a budget, called BioE3 or Biotechnology for Economy, Environment and Employment. However, despite the know-how and human resource capital, only a few Indian biotechs have global resonance, as there are few local manufacturers who can supply Indian laboratories/startups with the ingredients and devices to make products. In the last four decades, India has funded biotech research institutions but now sees that it needs to be going beyond and setting up companies, in public private partnership mode, to bolster biotechnology manufacturing. Without establishing enabling grounds for long-term capital investment — and these have little to do with biotechnology per se — top-down initiatives will have limited impact.


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