Comparison With The U.S.
The Indian biotech sector parallels that of the U.S. in many ways. Both are filled with small start-ups while the majority of the market is controlled by a few powerful companies. Both are dependent upon government grants and venture capitalists for funding because neither will be commercially viable for years. Pharmaceutical companies in both countries have recognized the potential effect that biotechnology could have on their pipelines and have responded by either investing in existing start-ups or venturing into the field themselves. In both The India and the U.S., as well as in much of the globe, biotech is seen as a hot field with a lot of growth potential.
Read more about this topic: Pharmaceutical Industry In India
Famous quotes containing the words comparison with the, comparison with and/or comparison:
“What is man in nature? A nothing in comparison with the infinite, an all in comparison with the nothing—a mean between nothing and everything.”
—Blaise Pascal (1623–1662)
“What is man in nature? A nothing in comparison with the infinite, an all in comparison with the nothing—a mean between nothing and everything.”
—Blaise Pascal (1623–1662)
“But the best read naturalist who lends an entire and devout attention to truth, will see that there remains much to learn of his relation to the world, and that it is not to be learned by any addition or subtraction or other comparison of known quantities, but is arrived at by untaught sallies of the spirit, by a continual self-recovery, and by entire humility.”
—Ralph Waldo Emerson (1803–1882)