We would highly welcome any measures to boost private-sector R&D in the biotechnology segment: Bione

19 January 2022 | Views

Dr Surendra K Chikara, Founder & CEO, Bione

"Thanks to the innovation and quick response by the biotech industry during the pandemic, India’s biotech sector got some attention in the 2021 union budget. The finance minister spoke about the need for preventive and curative health and there was a 137 per cent hike in the government outlay on health and well-being. 

 

In the 2022 budget, we feel that the government should move positively to recognise the important role genetic testing including DTC Genetic testing can play in preventive healthcare. We would highly welcome any measures to boost private-sector R&D in the biotechnology segment in the manner it rightly deserves. This will go a long way towards making quality preventive healthcare affordable."

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