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Home -> Finance -> Full Story
Jubilant Organosys ties up with LION Bioscience AG
Wednesday, August 28 2002 19:22 Hrs (IST)

Mumbai: Jubilant Organosys Limited, has signed up an exclusive relationship with LION Bioscience AG for marketing and distribution of LION's Life Science Informatics™ solutions in India.

Guljit Choudhari, chief of Jubilant's strategic business development said, "After the US, the Asian market represents one of the biggest markets for the life science sector worldwide. We are delighted to be the exclusive distributor of LION's Life Science Informatics™ products for India. LION's high-end technologies and solutions provide us with an excellent opportunity to serve the growing Indian life science industry's strong demand for integrated IT solutions."

Dr Shyam Ramakrishnan Director, business development said, "We started the marketing of our advanced life science IT solutions in Europe, then expanded to North America and now we are penetrating the Asian market.

"The sale of our Life Science Informatics™ solutions to key customers in India represents a significant step in our strategy to become the global leader in providing integrated life science IT solutions. India has one of the most robust pharmaceutical / biotechnology industries in the world; with output that exceeded $ 4.3 billion in FY 2000. With a large number of privately and government funded biotechnology parks in various stages of inception, the Indian life science industry is becoming a major force in the global arena."







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