Cram business likely to get a boost in this slow-down period

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Category: Contracts Research and Manufacturing

With spiralling research costs, expiry of patent period, couple by advancement of Indian pharma companies will result in growth of contract research business. Many analyst predicts a growth of $ 3 biliion of cram business by 2015. Further, many Indian companies Divis Laboratories, Piramal Healthcare, Biocon have expanded recently their operations to accommodate this growth. Indian pharma industry, has similar strengths of IT (high skilled man-power at low costs, availability) is set to make this grow.

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