Biotech, Pharmaceuticals And Medical Devices
Karnataka is a leading contributor to the success of Pharma, Biotech and medical devices in the country. Over 10% of India’s Pharma revenues and 50% of India’s Biotech’s revenues are from Karnataka. Karnataka is the biotech capital of India
Table of contents
Incentives
New initiatives & opportunities
Growth drivers
Robust industry ecosystem
Over 500 Biotech units and 300 formulation/bulk drug units present in Karnataka
Strong research support
35+ Clinical research organizations and prominent institutions like IISC & Institute of Agri-biotechnology in the state readily cater to the research and talent requirements of the industry
World-class infrastructure
With Bangalore Helix biotechnology park, Bangalore bio cluster and pharma parks in Yadgir and Raichur, the state offers world class infra facilities to enterprises
Biotech policy
As the first state to formulate biotech policy, the government envisages presence of a vibrant and dynamic pharma and biotech ecosystem in the state