11 April 2005 | News
How has the merger with Millipore affected the
fortunes of Hyclone?
It was not a merger we had with Millipore. It is simply a partnership
with them on certain products to be used together. In fact, the life sciences
division of Fisher acquired us way back in August 2003.
Can we expect the partnership with Millipore to turn
into a single entity?
No. Actually, we had similar partnerships with a lot of other companies as
well and still remain as separate entities eventually. We leverage the product
base of both companies and try coming out with products jointly benefiting
users.
What is your feedback on the Indian industry?
It is quite good. We are presently with two Indian distributors. We have had
some really good successes through them. But now I am seeing personally how
Indian biotech industry has come of age. I am impressed by the quick
transformation happening here and with certain things like IP protection and
regulatory issues given due importance, there would be much more development
taking place.
What are the new products and technologies being
worked upon?
We are presently working on some of the major next generation
platforms for gene therapy, vaccine production etc. Besides we also enter into
strategic alliances with other companies to exchange and transfer the product
base and technology.