December 13th, 2017.
Vol. 01 NO 4
NEWS - PAGE 2 INDIA WILL NEED 20 LAKH BIOTECH MANPOWER UP TO YEAR 2020
CSIR SPECIAL - PAGE 3 CSIR & GATE EXAM SPECIAL
CSIR SPECIAL - PAGE 7
AWARDS & SCHOLARSHIPS - PAGES 9-11 NEW SCHOLARSHIPS AVAILABLE
16 REASONS WHY BIOTECNIKA
WHY BILLIONAIRES INVEST IN BIOTECH
“BIOTECH HAS NO SCOPE, IT’S A WASTE” How many times have you heard this phrase in your college, from colleagues or from seniors ? Goto IT Sector Instead, BT Sector has no Jobs, There is No Scope Bla Bla….. 100,000+ times !! Or even more ? And if every one is saying so, then why so many Billionaires are investing in this field ? What is it so exciting about it that makes these rich souls invest millions. Find out more in https://www.biotecnika.org/2016/04/if-biotech-has-noBy Shekhar Suman scope-then-why-billionaires-are-investing/
If Biotech has no scope, then why Billionaires are investing ? This is just a small list, there are many more funding & investments happening, then why we all are saying that there is no scope ? There seems to be some kind of gap in between what we understand about BT industry and Academia. BT Sector has no Scope in India ? You can easily summarize that there is no scope in India but Abroad its exists. Lets understand this misconception. Accenture, Infosys, Cognizant, Wipro, Reliance – Infact all major IT /Non IT companies also are investing in Life Sciences and have a fully functional Life Sciences Arm. Infact the BioPharma Sector is slated to become multi trillion US Dollars ( $ ) sector. Demand & Supply Gap While all the above companies are investing heavily in Bio Sciences, there exists a Skill Set gap among the Graduates / Post Graduates coming out of college and the needs of industry.
Infact in the early 2000’s every Tom Dick and harry college started a Bio Sciences course and took admissions in bulk, It took a decade for them to realize that to succeed in BioSciences department their students did not just needed degree but also specific skill sets, and they had to eventually shutdown. In a recent Interview to BioTecNika TV, Chief Scientific Officer of Anthem BioSciences states that they prefer M.Sc chemistry over Biotech. Why so ? The reason is lack of skill sets as well understanding of the needs of the industry. Which Skill Set ? To be absorbed in the industry you need specific skill set such as QA / QC ( Quality Control & Quality Analyst ) , Pharmacovigilance, IPR, Hands on Experience on various instruments & Bioinfo Softwares , Medical Coding and many more. Its always advised to add skills and target accordingly. A Ph.D Degree from a CSIR Lab or a MS from IIT’s adds additional weight-age on your resume.
So will there be scope after attaining these skill sets ? Indian Biotech Industry slated to be 100 Billion Dollars by 2025 and certainly specific skill sets are going to help you get absorbed at a high salary package. Additionally Government jobs in this sector has been booming off late and this means Good news for those who are looking for that Stable Sarkari Naukri in Biotech Sector. What Say ? Why Billionaires are investing ? Billionaires have analysed that this is going to be the biggest business of future. “OVER THE NEXT 50 YEARS BIOSCIENCE WILL UNDERGO A RADICAL TRANSFORMATION AS ADVANCEMENTS IN LIFE SCIENCES CONVERGE WITH MATHEMATICS, PHYSICAL SCIENCES AND ENGINEERING,” -newly appointed head of the Paul G. Allen Frontiers Group Tom Skalak said in a statement. “THE TIME IS NOW TO MAKE THIS TYPE OF TRANSFORMATIVE INVESTMENT IN BIOSCIENCE TO ADVANCE THE FIELD AND ULTIMATELY TO MAKE THE WORLD BETTER.”
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