July 27, 2007

IT formulae for the Biotech industry

Thursday's (26th July) Economic Times, under Southern Compass carried a profile of Anuradha Acharya, the CEO of Ocimum Biosolutions. A few excerpts:

.. With support from her husband and some funding from friends and family, she founded a bio-solutions IT company in 2000. In a year's time Ocimum was on a roll, providing some of the best software in the industry for Library Information management Systems(LIMS) and bio-informatics. Its two blockbuster products - Genchek and Biotracker - made Ocimum Bio a landmark company in this segment.

"There is a gradual shift in the market from servicing scientific researchers and academicians to offering solutions to some big-ticket pharma players and we are constantly developing capacity and capability in this direction," Ms Acharya said.

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Arun Natarajan is the Founder & CEO of Venture Intelligence, the leading provider of information and networking services to the Private Equity and Venture Capital ecosystem in India. View sample issues of Venture Intelligence India newsletters and reports.