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Showing posts from July, 2012

Biotechnology in India: the placement hurdle

This post is a legacy of me being a student of Biotechnology at IIT Kgp till not so long ago. After all the time myself and my fellow students at IIT Kgp spent thinking about this particular topic, I try to analyze here why it is so difficult for a biotechnology graduate in India to find a proper job in the industry that promises so much. The huge stake Indian biotech giants like Cipla and Ranbaxy have on the global generic drugs market is a major contributor to the hype around the Indian biotech scene. But when you look closely, you realize that although India is famed to be the “pharmacy of the third world”, there is very little home-grown innovation and discovery happening in this field! Not to downplay the achievements of Indian pharmaceutical companies, generic drugs manufactured by them are indeed the only medicines affordable in much of Asia and Africa. Taking advantage of India’s weak patent protection laws, Indian companies have thrived on manufacturing and marketing ge...

The cost of cheaper medicines

Healthcare around the world has evolved—revolutionized so to speak. But availability of quality medicine still remains a distant dream for much of the third world. Right to healthcare is regarded as one of fundamental rights in a progressive society. However, the escalating costs of the latest drugs developed by pharmaceutical companies render them out of bounds for the poor. For them, generic drugs are in many cases the only medicines. Generic drugs are non-branded drugs, out of patent protection, which can be manufactured and sold by any company provided they ensure that the efficacy and the administration routine for the drug would not change. Naturally, generic drugs are much cheaper than their branded counterparts. Apparently, it would seem that generic medicines provide the answer to the problem. But sadly, that is not the case. Reality always reserves a little bit of irony for the uninitiated. It is imperative to understand that generic drugs do not appear out of nowh...