The biotech industry in India is becoming better established and companies are being set up at a higher rate now. Through interviews and general knowledge of the local scene, I have identified nine stimuli for biotech company formation in India at present

Given that medical devices in India tend to be imported (75%), it is important to understand local attempts at innovation in this space. Based largely on interviews, we have prepared case studies of six local innovative device companies. The innovators' efforts have been enabled by close...