Page 27 - 10 Booming Biotech Companies in India 2022
P. 27

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
   22   23   24   25   26   27   28   29   30   31   32