India Biotechnology Industry Overview
India Biotechnology Industry Overview
    EPIDEMIOLOGICAL FACTORS                                                   Uttarakhand launched its Biotechnology Policy 2018-2023 with the
                                                                              aim to attract new investments worth INR 5000 Cr in the sector as well
                                                                              as generate employment opportunities for 5000 people by 2023
      Patient pool expected to increase over 20% in the next
                                                                              Himachal Pradesh launched its Biotechnology Policy 2014 with the
      10 years,                                                               aim to make Himachal a globally competitive destination for the
                                                                              development of biotechnology products, processes and services
      mainly due to rise in population
                                                                              Assam Biotechnology Policy 2018-2022 was recently launched to
      New diseases & lifestyle changes                                        develop the biotechnology industry in Assam, which currently has
      to boost demand for drugs and devices                                   an emerging BioAgri segment
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                                                                                    STARTUP
    STATE-SPECIFIC POLICIES
        Karnataka Biotechnology Policy 2017-2022 lays emphasis on
                                                                                    ECOSYSTEM
        strengthening the ecosystem required to boost startups, providing
        access to funds for R&D and product development, developing
        attractive incentives for investors, and providing mentorship for           CURRENT SCENARIO
        further growth of the biotechnology sector in Karnataka
        Odisha Biotechnology Policy 2018 was launched with the aim of
        making Odisha one of the top biotech investment and innovation
        destinations in the country                                                  India has robust startup ecosystem which comes from gradual improvements
                                                                                     in the ease of doing business, proof-of-concept funds for startups
        Madhya Pradesh Biotechnology Policy 2003 looks at the conservation           and favorable government policies
        and sustainable utilization of bio-resources to promote
        socio-economic growth in the state                                           BIRAC will continue to grow its partnerships with innovative foundations
                                                                                     and universities to focus on Make in India and Startup India programs
    BIRAC
        Biotechnology Industry Research Assistance Council (BIRAC) is a
        not-for-profit set up by Department of Biotechnology (DBT),
        Government of India as an interface agency to strengthen and
        empower the emerging biotechnology enterprises to undertake
        strategic research and innovation
        Biotechnology Industry Facilitation Cell for Make in India at BIRAC
                                                                                    Sector-wise representation
                                                                                    of startups
    MAJOR BIOTECH INITIATIVES
       Regulations and guidelines on biosafety of recombinant DNA
       research & biocontainment released (2017)
       The Lok Sabha has passed the DNA Technology (Use and Application)
       Regulation Bill, 2018 that allows regulated use of DNA
       Innovate in India" (2017) - a DBT and World Bank program, with a                          17%
       funding of USD 250Mn- aims to bring together industry and
       academia to promote entrepreneurship and indigenous                                                                                     BioPharma
       manufacturing in bio-pharma
                                                                                         7%                                                    BioAgri
    THE NEW DRUGS AND                                                                   6%                                                     BioIndustry
    CLINICAL TRIALS RULES, 2019                                                                                    62%
                                                                                                                                               BioIT
       The Ministry of Health and Family welfare released the new rule to                  8%
       promote clinical research in the country
                                                                                                                                               BioResearch
       Under it, drug approval outcomes must be shared within 30 days for a
       clinical trial done within India, and 90 days for clinical trials of drugs
       developed outside India
       Earlier, approval durations were a challenge as it could take anywhere
       from 6-12 months
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    KEY SEGMENTS
    Biotechnology Segments                     1   BIOPHARMACEUTICALS
                                                   1.1 BIO-SIMILARS
                                                      Biologics are expected to contribute approximately
                                                      27%
                                                      to global prescription sales by 2020. Given the immense
                                                      growth of Biologics, the opportunity for biosimilars is
                                                      evident- and has attracted high investments. The size of the
                                  01%                 global biosimilar market is predicted to reach
                            04%
                                                      USD 25 Bn
                                                      by 2020
                                                   1.2 VACCINES
                                                      Globally, vaccines are a
                                                      USD 30 Bn
                                                      market. The Indian vaccine market is valued close to USD 3 Bn,
                                                      with two-thirds of this exported. With a projected growth rate of
                                                      10-15% over the next decade, the Indian vaccine market has the
                                                      potential to become a USD 8-12 Bn industry by 2025
                                                   India Opportunity:
                                                     India currently exports vaccines to about
       BIOPHARMACEUTICALS                             150 countries
       BIO-SERVICE                                    India meets
       BIO-AGRICULTURE
                                                      40-70%
                                                     of the World Health Organisation (WHO) demand for the DPT
                                                     (diphtheria, pertussis or whooping cough, and tetanus) and
       BIO-INDUSTRIALS                               BCG (Bacille Calmette-guérin) vaccines against tuberculosis,
                                                     as well as almost 90% of its demand for the measles vaccine
       BIO INFORMATICS, SYSTEM BIOLOGY
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                                                                            2
     1.3 INSULIN
        Globally diabetes is one of the most prevalent disorders.
        India has the largest pool of diabetic patients, with more than
        41 Mn people suffering from the disease. It is estimated that           BIO-SERVICES
        India will have more than
        100 Mn
        diabetics by 2030
                                                                            2.1 CONTRACT MANUFACTURING
     India Opportunity:
                                                                                The global market for Contract Manufacturing is estimated at
                                                                                USD 4 Bn and is expected to reach USD 8.8 Bn by 2025. India
                                                                                has been a major player in contract manufacturing
        The direct and indirect costs of treating such patients are             with USD 1.3 Bn market. Indian Contract Manufacturing
        currently about US$420 per person per year. If these costs              market is expected to grow to
        remained the same as they are now, India’s total bill for               USD 4 Bn
        diabetes would be about                                                 by 2025
        USD 30 Bn
        by 2025
                                                                            India Opportunity:
        The global anti-diabetes market is worth more than                      India has a far superior edge, due to resources including
        USD 50 Bn growing at approximately 15% of                               manpower, technically knowledgeable work force,
        which insulin is close to USD 30 Bn and is                              WHO-GMP approved production premises and a
        expected to reach                                                       substantial 40% lower cost of operation and production
        USD 57 Bn
        by 2025
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     3
                                                                           4.2 Enzymes (Industrial + Specialty)
                                                                              Globally North America and Europe together form more
         BIO-AGRICULTURE                                                      than 60% of the Enzymes’ market. Indian market is
                                                                              relatively small and contributes approximately 2%
                                                                              of the overall enzymes market
         The global market for Bio-Agriculture is expected to grow
         from USD 20 Bn to                                                 India Opportunity:
         USD 59 Bn
         by 2025 with USD 43 Bn contributed by genomic based                  India imports about
         products. Bio-Agriculture in India at USD 11 Bn (2018) forms         70%
         the third largest and fastest growing segment within the             of the total enzyme consumption
         industry. The segment comprises primarily of hybrid seeds,
         GM crops, bio-fertilizers and bio-pesticides                         The industrial enzymes segment, has an estimated worth of
                                                                              USD 75 Mn,
     India Opportunity:
                                                                              and is a quickly growing market in India. Pharmaceutical
                                                                              enzymes are the represents most of the industrial
                                                                              enzyme demands in India and cover almost 50% of the
         India ranks                                                          total enzyme demand, followed by detergent enzymes
         5th                                                                  (20%) and textile enzymes (20%)
         in global cultivation of GM crops
     4
                                                                           4.3 BIO-POLYMERS
                                                                              The global biopolymers market is expected to grow at a
                                                                              CAGR of 16.47% between 2019-2025
     India Opportunity:
         India has largest arable land after US which makes raw
         material availability relatively easy. Need of the hour is to
         create and commercialize cost efficient, carbon neutral
         technologies which can leverage the natural resources
         available
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     5   BIO-IT
     5.1 BIO-INFORMATICS, GENOMICS
                                                                                            KEY
                                                                                            STAKEHOLDER
     & PRECISION MEDICINE
         Globally, the bioinformatics market is expected to grow from
         USD 7.5 Bn in 2018 and is expected to generate around                                  Department of Biotechnology,
          USD 19.8 Bn                                                                           Ministry of Science & Technology
          by 2025, at a CAGR of around 14.9% between 2019 and 2025.
          Major growth drivers include the need for integrated database,
          increased government initiatives and funding, growing use of
          bioinformatics in drug discovery and biomarker development
          and rising interest in genomics and proteomics
                                                                                                Department of Science and Technology,
     India Opportunity:                                                                         Ministry of Science and Technology
          Bioinformatics is one of the fastest growing segments in the
          biotechnology sector of India with over
          200 companies
          in Bangalore, Delhi, Hyderabad, Pune and Chennai
                                                                                                Biotechnology Industry Research
          Increase in public funding towards research and development
          along with increasing investments from private companies                              Assistance Council (BIRAC)
     India Opportunity:
          The Government of India has helped the development of
          high-performance computing technology for use in bioinformatic
                                                                                                Association of Biotechnology
          India is a leader in IT Outsourcing, with                                             Led Enterprises (ABLE)
          700,000 graduates
          and approximately 300,000 post graduates passing out in science and
          mathematics. India can address the global big data resource requirement
          As India is home to 1.3 Bn people and consists of more than 4500
          anthropologically well-defined populations, the genetic diversity is 4x greater       Central Drugs Standard Control
          than Europe. This offers a huge opportunity for India to create and mine a rich       Organization (CDSCO),
          source of genomic information. India is also rich with regards to genetic
          resources of medicinal and aromatic plants as it constitutes 11% of total             Ministry of Health and Family Welfare
          known world flora, bringing a huge IT-enabled data mining advantage
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     INDUSTRY
     CLUSTERS/ ZONES
                                                                                                                                Indian Life
                                                                                                                                Science
                                                                                                                                Cluster
                                                                                                                                Map
     DBT supported biotechnology parks and incubation centers locat-
     ed in different states for the promotion of Biotech start-up compa-
     nies and the promotion of Public Private Partnerships
          Biotech Park, Lucknow, Uttar Pradesh
          Biotechnology Incubation Centre, Hyderabad, Telangana
          Tidco Centre For Life Sciences (TICEL) Biotech Park, Chennai, Tamil Nadu
          The Golden Jubilee Biotech Park For Women, Chennai, Tamil Nadu;
          Biotech Park Technology Incubation Centre, Guwahati, Assam;
          Biotechnology Incubation Centre, Cochin, Kerala;
          Biotechnology Park, Bangalore, Karnataka;
          Industrial Biotechnology Parks (IBTPs), Jammu & Kashmir; and
                                                                                                                                                                                                      Map not to scale
          Chhattisgarh Biotech Park, Naya Raipur, Chhattisgarh
                                                                                                                            Lucknow:                                          Chennai:
                                                                                                                        • CDRI, IITR, CIMAP, NBRI                         •   Anna University
                                                                                                                        • Lucknow Biotech Park                            •   IIT Madras
                                                                                                                                                                          •   TICEL Biotech Park
                                                                                                                            New Delhi:                                    •   Women’s Biotech Park
          Operational                                                                                                   •   DBT, DST, CSIR, DP, ICMR, ICAR
          Biotech                                                                                                       •   Translational Health Sciences Cluster             Vadodhara:
          Parks
                                                     JOGINDER NAGAR
                                        SHIMLA                                                                          •   National Institute of Immunology              •   PERD, NIPER
                                CHANDIGARH
                                                                                                                        •   ICGEB                                         •   Savli Biotech Park
                                                                                                                        •   Institute of Genomics & Integrative Biology   •   Proposed Biotech Park in Ahmedabad
                                            SOHNA
                                                                                                                        •   National Brain Research Center                •   MS University, Baroda
                                   JAIPUR
                                                    ALVAR
                                                                                                                        •   JNU, Delhi University
                               JODHPUR
                                                                                                                            Kolkata:                                          Mumbai:
                 GANDHINAGAR
                                                                                                                        •   Indian Inst. of Chemical Technology           •   TIFR
                JAMNAGAR
                                    VADODARA                                             MIDNAPORE                      •   Centre for Cellular & Molecular Biology       •   IIT Bombay, University of Mumbai
                           ANAND
                                                                                   BHUBANESWAR                          •   Centre of DNA Fingerprinting & Diag.          •   National Chemical Lab
                                              AURANGABAD                  KONARK
                                                                                                                        •   National Institute of Nutrition, ICRISAT      •   National Center for Cell Sciences
                                   PUNE
                                                                                                                        •   University of Hyderabad, Osmania              •   Pune University, IISER
                                                      HYDERABAD                                                         •   IKP Knowledge Park, SP Biotech Park           •   International Biotech Park
                                                                         VISAKHAPATNAM
                                                                                                                        •   AIBA, FABA
                                                                                                                                                                              Hyderabad:
                            KARWAR
                                                                                                                            Bengaluru:                                 •      Indian Inst. of Chemical Technology
                                     BENGALURU                                                                          •   Indian Institute of Science                •      Centre for Cellular & Molecular Biology
                                                                                                                                                                       •      Centre of DNA Fingerprinting & Diag.
                                                              CHENNAI
                                                            PUDUCHERRY                                                  •    National Center for Biological Sciences
                                                                                                                        •   JN Center for Advanced Scientific Research •      National Institute of Nutrition, ICRISAT
                                    KOCHI             MADURAI
                                                                                                                        •   University of Agriculture Sciences         •      University of Hyderabad, Osmania
                                                                                                                        •   Stem Cell Institute                        •      IKP Knowledge Park, SP Biotech Park
                                                                                                                        •   IBAB, ABLE                                 •      AIBA, FABA
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     UPCOMING                                                                                  RECENT
     PROJECTS                                                                                  INVESTMENTS
       Hyderabad Pharma City: One of the biggest Pharma City cluster                           The drugs and pharmaceuticals sector attracted cumulative FDI inflows worth
       projects in the world. The cluster aims to create a smart ecosystem,                    USD 16.73 Bn between April 2000 and June 2019, accounting for 4% of the total
       setting a benchmark for sustainable industrial cities worldwide.                        FDI inflows into India
       With plug-n-play facilities, the cluster is designed to become
       the jump-start platform for companies that make bulk drugs,                             Major investments include:
       fermentation products, synthetic drugs, intermediates, vitamins,
       vaccines, drug formulations, nutraceuticals, herbal products,                              Piramal Enterprises Ltd acquired a portfolio of spasticity and pain management
       specialty chemicals and cosmetics                                                          drugs from UK-based specialty biopharmaceutical company Mallinckrodt
                                                                                                  Pharmaceuticals, in a deal worth USD 171 Mn (January 2017)
       The Government of Uttar Pradesh is planning on setting up
       six pharma parks in Noida, Bundelkhand, Ghaziabad, Gorakhpur,
                                                                                                  Aurobindo Pharma Ltd has acquired four biosimilar products from Swiss firm
       Lucknow and Allahabad
                                                                                                  TL Bio-pharmaceutical G which will require TL Biopharmaceutical to supply all
                                                                                                  the developmental data for four molecules, to be commercialized by
       Construction of a new Odisha Biotech Park at Andharua,                                     Aurobindo pharma (February 2017)
       Bhubaneswar is also underway
                                                                                                  Capital International Group, a PE equity fund, has acquired 3% stake in Intas
     KEY PLAYERS
                                                                                                  Pharmaceuticals Ltd from ChrysCapital Llc for a consideration of USD 107 Mn
                                                                                                  (August 2017)
     IN INDIA
                                                                                                  Siemens Healthineers, which provides medical solutions and operates as a
                                                                                                  subsidiary of Germany-based Siemens, has opened a new diagnostics
                                                                                                  manufacturing facility in Vadodara, India. The 3150 Sq m facility is equipped
                                                                                                  with a bench-marked manufacturing facility and globally renowned processes
                                                                                                  and systems for Indian healthcare industry. The facility will manufacture
                                                                                                  urine strips and autopak kits (August 2018)
     Top Indian Biotech Companies:
                                                                                                  Germany-based pharmaceutical group Merck KGaA has signed a memorandum of
     Company                                 CEO                        Revenue(USD Mn 2018)      understanding with India-based CSIR-Institute of Microbial Technology to open a
     Biocon                                  Kiran Mazumdar Shaw          590                     'High-End Skill Development Centre' in Chandigarh, India. The centre will help
                                                                                                  accelerate healthcare research and train local students and researchers in the
     Serum Institute of India                Cyrus Poonawala              590
                                                                                                  latest life science technologies (November 2018)
     Panacea Biotec Limited                  Sandeep Jain                 65.40
     Dr. Reddy’s Laboratory Limited          G.V Prasad                   2100                    German chemical and pharma major, Bayer AG completed the integration
                                                                                                  of Monsanto's India business to form Bayer CorpScience Ltd as part of a
     Wockhardt                               Murtaza Khorakiwala          560
                                                                                                  USD 63 Bn mega deal (September 2019)
     Jubilant Life Sciences Co               Shyam S Bhartia              1053
     Bharat Serums and Vaccines Limited      Bharat V. Daftary            98
     Indian Immunologicals Limited           K. Anand Kumar               -
18                                                                                             All information in this brochure was last updated on Apr 30th, 2020.                 19
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