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INDIAN BIOSERVICES INDUSTRY
HITS RS 29,000 CR WITH
12% GROWTH IN 2019-20

Indian BioServices industry comprising over 1000 players in the field of clinical research, contract research,
contract development and manufacturing has seen significant growth in the recent past and witnessed a 12
per cent growth in 2019-20 by reaching Rs 29,120 crore as against 19 per cent growth recorded in 2018-19.
Contract research, development and manufacturing are contributing the most in BioServices industry with
less than 10 per cent coming from clinical research organisations.

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Published by MMA Media, 2021-04-29 12:10:25

BioSpectrum India May 2021

INDIAN BIOSERVICES INDUSTRY
HITS RS 29,000 CR WITH
12% GROWTH IN 2019-20

Indian BioServices industry comprising over 1000 players in the field of clinical research, contract research,
contract development and manufacturing has seen significant growth in the recent past and witnessed a 12
per cent growth in 2019-20 by reaching Rs 29,120 crore as against 19 per cent growth recorded in 2018-19.
Contract research, development and manufacturing are contributing the most in BioServices industry with
less than 10 per cent coming from clinical research organisations.

Keywords: Pharma ,Biotech ,Enzymes

THE PATH TO WORLD-CLASS DRUG DEVELOPMENT.

Waters (India) Pvt. Ltd.

36A, 2nd Phase, Peenya Industrial Area, Bangalore - 560 058. Tel: 080-49292200-03 (3 lines)
Fax: 080-49292204, E-mail: [email protected]
Mumbai : Tel : 022-25170127, Fax : 022-25170616, E-mail : [email protected]
New Delhi : Tel : 011 - 40194100 - 4149, Fax : 011 - 40194115, E-mail: [email protected]
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Hyderabad : Tel : 040-27901532, Telefax : 040-27901586, E-mail: [email protected]
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Ahmedabad : Tel : 079-29702903, Fax : 079-29702904, E-mail: [email protected]
Chennai : Tel : 044 - 22350336

RNI No. DELENG/2004/13061 Published on 28th of previous month PCW/193/2020-2022
Posting Date: 30th of every month Posted at Ex Servicemen Colony PO, Pune-38

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