Biotechnology Business Possibilities & Prospects

Biotechnology is receiving wide attention from policymakers, researchers, business houses, financial institutions and entrepreneurs. It is, however, still so much a part of laboratory research that its terminologies, techniques, processes and developments are still an enigma. And taming this technology  as a  business  enterprise  is proving complex and difficult.

In the present publication Prof P.D. Malgavkar has attempted to explain the intricacies of this technology so that these could be understood by a layman. Whilst indicating its possibilities in the field of agriculture, health, chemicals and energy, he has brought home the ethical issues and engineering challenges involved in its development and commercialization.  He has suggested  entry avenues in biotechnology  business  for both the existing business  houses  and new research  entrepreneurs  and has spelt out specific financial  and marketing strategies  suitable at different  stages of the business venture.

P.D Malgavkar started his career as a businessman, changed over to academics from where he joined the tribe of Government bureaucrats. Restless as ever, he had a stint as Research Consultant and Senior Fellow at the East-West Center, Honolulu. Back home in 1978, as Visiting professor at Centre for policy Research, New Delhi, he concentrated on development issues as he saw them.