The biotech space has witnessed radical transformations in the last 15 years, both globally and in India. Worth $50 Bn in 2018, the Indian biotech economy currently comprises of more than 600 core biotechnology companies and more than 2,600 biotech startups, accounting for a 3% share in the global biotechnology industry. To further unleash the potential of Indian biotech, Biotechnology Industry Research Assistance Council (BIRAC), in partnership with Indian Angel Network (IAN), has announced the launch of BioAngels Network “BioAngels” (BiAN). IAN comprises close to 500 members across the world, including entrepreneurs and CEOs. With investors from 11 countries, IAN’s presence spans seven locations, including cities in India and the UK.
