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Indian biotech sector growing at 37%
Indian biotech sector is growing at 37.42% and inching closer to $1.5 billion in revenues during FY06. The bio-pharma segment still dominates this sector with $1 billion in revenues. ......

Kalam tells biomedical scientists to participate in proteomics project
President A.P.J. Abdul Kalam on June 6 suggested to the biomedical scientists to take the initiative to become a working partner in the proteomics project of gene characterisation. Proteomics, Dr. Kalam said, would help understand the basic biological processes critical to normal cellular functions as well as the development of diseases. .......

Norms relaxed to encourage biotech entrepreneurs, says Kapil Sibal
The Empowered Group of Ministers on Biotechnology has cleared proposals to relax norms for the biotechnology sector in agriculture and health in order to encourage entrepreneurship, innovation and greater participation from small investors, Union Minister ....

Wockhardt to sell LSI's leucoderma drug
Wockhardt has signed an in-licensing agreement with Life Sciences Investments Limited (LSI), a UK-based company, to market Vitix, a patented product for the treatment of vitiligo, a pigmentation disorder.........

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