"Any partner who looks at this asset will back-load the payment because while the market is huge, we still don't know if the drug works the way we want," company's founder chairman told. Biocon keeps hopes of overseas sales under check

The Indian Patents Office has appointed 94 design examiners to speed up the process of granting patents and clear a backlog of one lakh applications over the next three years. Patents office appoints 94 examiners to speed up process

BIOTECH companies producing industrial enzymes are gradually moving to cellulosic enzymes that help in bio-fuel generation.Biotech firms go after smart enzymes to fuel energy sector

Erythropoietin is a hormone produced by the kidney that promotes the formation of red blood cells in the bone marrow.Transgene to sell bio-generic product to German co for Rs 26 cr

The decision to set up the centre, under UNESCO, was taken in the cabinet meeting headed by Prime Minister Manmohan Singh.Govt approves regional centre for biotechnology training and education

Mazumdar-Shaw said the size of the country's biotech sector had reached USD 3.5 billion in 2010 and is poised for robust growth in all segments of biotechnology.India's biotech sector to grow 20% in foreseeable future

Biotechnology major Biocon on Tuesday said it aims to achieve revenues of USD 1 billion in the next three years. Biocon eyes $1 bn revenue in next three fiscals: Kiran Mazumdar Shaw

Chinese and Indian drugmakers have taken over much of the global trade in medicines and now manufacture more than 80 percent.China, India making inroads in biotech drugs

Vaccines, diagnostics and devices and personalised medicine are the key innovative growth areas for the domestic biotech sector.Biotech sector crosses $ 4 bn mark: Ernst & Young India

However, bioethicists are getting increasingly concerned about recent research that is aimed at humanising animals in various ways.Bioethicists chary of making animals 'human'

The Uttarakhand biotechnology department has decided to set up a biotech park in the hill state in order to promote industries based on the technology. Uttarakhand to set up Bio-tech park

Chaudhary Charan Singh Haryana Agricultural University(CCSHAU)-Hisar has been issued a patent on a biotechnological process.CCSHAU- Hisar gets a process patent

The deal is expected to be valued at Rs 300-450 cr and will boost Biochem's revenue growth. In fiscal 2009-10, Biochem reported revenues of Rs 241 cr.Zydus Cadila in talks to acquire brands and manufacturing facility of Biochem Pharmaceuticals

Biotech firm Biocon today said its subsidiary 'Syngene International' has entered into an agreement with US-based Endo Pharmaceuticals to expand their collaboration to develop molecules to fight cancer.Biocon unit inks pact with US firm to expand collaboration

Life Technologies has invested around $3 million to open a distribution hub in Bangalore, which they expect would propel their business in India by 40% this year.Life Technologies invests $3 million in distribution hub in Bangalore