Killing Biotech Industry

P. Hari & Gina.S. Krishnan write in How to kill the Biotech industry in the Business World weekly magazine. The articles describes how Department of Biotechnology (DBT) , Drug Controller General of India (DCGI), Genetic Engineering Approval Committee (GEAC) are formed to conduct the syncronized murder the spirit of entrepreneurship in biotechnology. Experts also feel that GEAC has overstepped its authority. And it has poached into the
domain of another regulator, the Drug Controller General of India (DCGI) - BioSpectrumIndia.comThe formation of various bodies with undefined virtual borders and overlapping areas are in sync with earlier Telecom scenario we had. Which is again beautifully explained again in the same issue of BW Weekly - titled as Recipe for litigation authored by Gina S. Krishnan.