This highly specialised practice is complemented by a skilled team of lawyers having significant exposure in the sector. The team acts in active coordination with Intellectual Property, Mergers & Acquisitions, Healthcare, Pharmaceuticals, Food, Labour & Employment and Regulatory & Public Policy to provide extensive support to the clients from the sector.
The Biotech industry in India has grown significantly and the clients leverage on the firm’s extensive experience in the sector. The firm advises on Mergers and Acquisitions, Patent and Trademark management, advisory, prosecution and litigation. The firm has advised its clients in obtaining licences and regulatory and statutory approvals.
The team in coordination with the Intellectual Property team assist in patent and trademark infringement, revocation, compulsory licence and oppositions. The firm conducts due diligence for acquisitions, agreements including licensing, joint ventures, technology transfer and Research & Development ventures/collaborations.
The biotech industry in India is thriving being the leading countries in Research and Development. There are biotech parks established in various parts of the country where the companies are engaged in product development, research and development.
The mainstay in the sector is Department of Biotechnology, Ministry of Science & Technology, Government of India as well as Department of Science and Technology, Ministry of Science and Technology, Government of India.
Furthermore, with promotion of start-ups by Government of India to promote innovation and entrepreneurship in the sector is led by the Ministry of Micro, Small & Medium Enterprises (MSME) by formulating sectoral schemes. Several initiatives have been taken to enhance investment in sector in India. The Department of Biotechnology, Ministry of Science & Technology, Government of India (DBT) along with other government funded institutions such as National Biotechnology Board (NBTB) and other autonomous work in close collaboration in the sector for establishing India as a global hub for biotech and biosciences sector.