Biotechnology Companies are Game Changer for Science & Technology: Stock Research Magazine
About this ebook
India is among the Top 12 destinations for biotechnology worldwide and 3rd most prominent destination for biotechnology in the Asia Pacific. In 2022, India‟s Biotechnology industry crossed US$80.12 Bn, growing 14% from the previous year. The Indian Biotech economy has witnessed a manifold increase in valuation in the past ten years, with COVID-19 giving the industry a much-needed push.
When is the best time to put money into this industry?
Today, India remains one of the leading destinations for bio innovation and biomanufacturing. Hence, it remains identified as a sunrise sector and a crucial part of India‟s vision of reaching a US$5 Tn Economy by 2024. India‟s Biotechnology sector remains categorized into BioPharmaceuticals, Bioagriculture, BioIT, and BioServices.
How are biotech companies regulated?
The Biotechnology Regulatory Authority of India (BRAI) is a proposed regulatory body to regulate the use of genetically modified organisms (GMOs), per the provisions of the Bill introduced in the Parliament in 2013. BRAI was needed as India had signed the Cartagena Protocol, and the Protocol mandates the setting up of a Regulatory Body.
What is the future of this industry?
The growth of the Indian biotechnology sector remains fuelled by rising domestic and international demand. The rise in domestic demand is fuelled by initiatives such as Aatmanirbhar Bharat and Make In India. The overseas market for Indian vaccines and biopharmaceuticals is due to the globally competitive efficacy of Indian products. In addition, to contain healthcare costs, companies are leveraging generics and biosimilars, and India has poised itself as a hub to deliver affordable access to innovative and inclusive healthcare solutions.
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Zaid Haji, also known as Zayd Haji, is an author and research student specializing in Business and Market Research. Born on February 1, 1998, coinciding with Eid al-Fitr, he has gained recognition for his work in these fields.
ZAYD AL HAJI: Student of Islamic Finance & Market Research
With a deep-seated passion for Islamic finance and a commitment to uncovering actionable insights, Zayd Haji has founded and nurtured companies like ISLAMIC FINANCE RESEARCH (IFR), ISLAMIC STUDIES RESEARCH (ISR), and ISLAMIC COMMUNITY COUNSEL (ICC), each dedicated to advancing the field of business and market research. However, Zayd is quick to remind others that he is not a scholar but a lifelong student of his craft, continually striving to expand his understanding and refine his approach.
Zayd's work in Islamic Finance Research stands out for its comprehensive, data-driven analysis. By meticulously assessing various financial aspects—ranging from company fundamentals to promoter profiles—he ensures that each case study he conducts is thorough, precise, and insightful. His research is not confined to conventional sources; he explores a wide array of data, seeking to offer a well-rounded perspective that benefits both the academic community and industry professionals.
Beyond finance, Zayd is deeply engaged in Islamic Studies Research, where he draws upon the rich traditions of Tafsir and Hadith. By examining Quranic verses through the lenses of sources like Sahih Bukhari and Sahih Muslim, Zayd invites others to explore the depth and wisdom of Islamic teachings. He finds inspiration in verses such as Surah Al-Imran (3:79) and Surah Al-Ankabut (29:69), which emphasize the pursuit of knowledge with wisdom and humility.
In his journey, Zayd embraces a "top-down, bottom-up" approach to research. This method allows him to connect macroeconomic trends with micro-level insights, producing research that is both broad in scope and rich in detail. Whether through economic, industry, or company-specific analysis, Zayd’s work is always aimed at educating and informing, with a clear focus on delivering value through clear and accessible visuals.
While Zayd's experience is extensive, he remains grounded in his identity as a student of research. His work is characterized by a humble dedication to learning and growth, driven by the belief that knowledge is a continuous journey rather than a final destination.
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