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Bio Spectrum - May 2021

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Bio Spectrum

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INDIAN BIOSERVICES INDUSTRY HITS RS 29,000 CR WITH 12% GROWTH IN 2019-20


Indian BioServices industry comprising over 1000 players in the field of clinical research, contract research, contract development and manufacturing has seen significant growth in the recent past and witnessed a 12 per cent growth in 2019-20 by reaching Rs 29,120 crore as against 19 per cent growth recorded in 2018-19. Contract research, development and manufacturing are contributing the most in BioServices industry with less than 10 per cent coming from clinical research organisations.

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Bio Spectrum Description:

India's leading publication that covers the business of bio-technology. With comprehensive analyses of policy issues, products and services across the bio-pharma, bio-informatics, bio-infrastructure and bio-agriculture segments, it is the industry's most authoritative source of information.

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