After a period of sustained support from the Government of India for over 15 years, R&D in biotechnology and life sciences has come of age. Some of the real products have just reached the marketplace. India has just crossed the lag phase and is at the beginning of the log phase of growth in this sector. This is the time when the private sector should come forward and catalyse investments in a big way. Global business can only be one of the objectives of biotechnology. This technology has a great scope to contribute directly to alleviation of human suffering.
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