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10 BOOMING BIOTECH COMPANIES IN INDIA 2022
RESEARCH & DEVELOPMENT THE LEADER BEHIND THE ,thereby resulting in increased er-centricity at their core.
R&D Innovation is at the core of BRAND investor interest in this sector.
Piscium® at any given working Malay Dikshit – MD & CEO While the incessantly soaring WORDS OF WISDOM
hour. The team always looks Malay Dikshit is a well-known name commodity prices threaten to There couldn’t be a better
forward to improving its solu- in the Marketing and Communica- ruin the party, companies that time for starting up in this
tions and working on the next tions discipline. Malay is a PGDM will survive and thrive are the country. If you think you have
new product. The brand expects from IIM-Lucknow and is also a ones with science and custom the perseverance, give it a go.
to develop a portfolio of 15 prod- Master’s in Chemical Engineering
ucts in the next couple of years. from The Institute of Chem-
ical Technology, Mumbai. Malay
ACCOMPLISHMENTS has made a significant contribu-
Piscium® holds a patent on Nano tion of his marketing, innovation
Engineered Dental Burs. This bur is and management expertise to
the first of its kind in the world for leading brands around the world
throughout his career path. He
in vivo use. Piscium®’s R&D efforts chaired vital positions at Moet
have helped the team to get the Hennessy Diageo in Malaysia
elite DSIR recognition. The brand’s and Singapore after spending
research findings on Nano Diamond his formative years in sales and
coatings have also been published marketing at Reckitt and Cadbury.
in scientific papers. The company Malay later joined Tata Sky as
is ISO certified and its products are Chief Communications Officer in
CE Certified. In 2021, Piscium® also 2015. After around three and a half
got featured among the Corpo- years, he left Tata Sky to pursue
rate Review’s Top 20 Booming his dream and begin a new chapter
in his life as an entrepreneur.
Biotech Companies in India.
ROAD MAP PERSPECTIVE ON THE
INDUSTRY’S FUTURE
Piscium® has envisioned three
growth drivers: Over the next five years, India’s
1) Innovations for any given year medical devices and consumables
should be at least 30% of revenues will exceed the US $ 15 billion,
surpassing all statistical forecasts
2) Double output every year and will reach 15% share of this
through capacity expansion, industry. This change is driven
efficiencies & better skill sets by India’s growing confidence
3) Build close relationships with in designing and manufacturing
the scientific ecosystem. new products which create value,
|26 thecorporatereview.com | India | Vol. 3 | Issue 4 | April 2022 |27