22 Sep 2008 | 16:53
Med Ad News announces Biocon is the 7th largest biotech employer in the world
Biocon, India's pioneering biotechnology enterprise has been ranked as
the 7th largest employer amongst the top global biotechnology
companies, according to a report released by Med Ad News. The report
takes into consideration drug based firms, as these companies provide
the best numbers to track the progress of the sector. Companies have
been ranked by number of employees and Biocon is the only Asian company
to feature at Number 7.
Med Ad News announces Biocon is the 7th largest biotech employer in the world
Biocon, India's pioneering biotechnology enterprise has been ranked as
the 7th largest employer amongst the top global biotechnology
companies, according to a report released by Med Ad News. The report
takes into consideration drug based firms, as these companies provide
the best numbers to track the progress of the sector. Companies have
been ranked by number of employees and Biocon is the only Asian company
to feature at Number 7.
BIO
2008, held in San Diego recently, stated that the global biotechnology
industry will be a $100 billion annual business by 2010. The actual
revenue has reached $85 billion in 2007. There are close to 5000
biotech companies across the globe. The top 25 biotech companies
represent 62% of all biotech sales and probably over 90% of income.
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