Innovations in the Biotech and Pharma Industries in India
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Case Code : BREP014
Case Length : 15 Pages
Period : 1978 - 2004
Pub Date : 2005
Teaching Note : Available
Organization : -
Industry : Biotech and Pharmaceutical
Countries : India
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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The Evolution of the Industry
The history of biotech industry in India dates back to 1896 when the Plague Research Laboratory was established by Dr Waldemar Mordecai Haffkine in Mumbai. In 1925, it was renamed the Haffkine Institute...
Biocon India Ltd.
Biocon India Ltd. (Biocon) was established in November 1978 by Kiran Mazumdar Shaw, as a joint venture with Biocon Biochemicals Ltd. of Ireland.
It started out as a manufacturer of industrial enzymes, and evolved into an integrated biotechnology enterprise focused on the development of biopharmaceuticals, custom research, clinical research and enzymes.
Biocon had two subsidiaries Syngene International Pvt, Ltd. (Syngene) and Clinigene International Pvt, Ltd. (Clinigene). Syngene provided chemistry and molecular-based custom research services in early stage drug discovery and development...
Shantha Biotechnics (Shantha) was founded by Varaprasad Reddy (Reddy) in 1993. He was the main promoter together with Yusuf bin Alawi Abdullah, the then Foreign Affairs Minister of Sultanate of Oman...
Ranbaxy Laboratories Ltd.
In 1960, Bhai Mohan Singh, an auto financier, acquired a
small chemist shop from a debtor who was unable to repay his loan...
Dr. Reddy's Laboratories
Dr. Reddy's Laboratories (DRL) was founded in 1984 by Dr. K. Anji Reddy (Dr. Reddy) to create and deliver innovative pharmaceutical healthcare solutions...
The consumption of biotech products in India was estimated to be $1.5 billion by 2007 and was likely to grow to $4.5 billion by 2010. Industry experts believe that the brain drain in these areas may slow down as India is developing the infrastructure and policies to facilitate the growth of biotechnology...
Exhibit I: Syngene's Capabilities in Molecular Biology and Synthetic Chemistry
Exhibit II: Contract Services offered by Shantha Biotechnics
Exhibit III: DRL's Areas of Competencies in Discovery Research