India wants in on the biotech hub trend – FierceBiotech
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India should take a cue from the biotech hotbeds of the U.S. and U.K., a local trade groups says, investing in infrastructure to help foster startups and grow innovation clusters of its own.
According to India’s Association of Biotechnology Led Enterprises, the government needs to pony up about $4 billion a year over the next 5 years to lay the groundwork for a biotech boom, which the group believes could bring in $100 billion in revenue by 2025, according to Business Standard.
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