UK and Indian pharmapreneurs in business challenge

PA 225/10 A new contest is building bridges between biotechnology researchers and entrepreneurs in the UK and India. Teams of entrants from each country will compete this Friday in Nottingham for two prizes to help them develop their biotechnology and pharmaceutical business ideas into commercially viable ventures. India's biotechnology industry is developing rapidly, averaging over 50 per cent growth year-on-year. It is already the third largest in the Asia-Pacific region. Meanwhile, Indian universities and scientific research institutes are creating a pool of talented researchers. But lack of support for start-ups remains a challenge. BioPharm 2020, the UK-India Biotechnology Business Plan Challenge 2010, brings together researchers, academics and industrialists.