BENGALURU:Biotechnology start-ups in the country face great difficulty in getting adequate funding. Majority of the start-ups are dependent on government funding and usually, they receive early-stage funding. However, sustaining it to the next level remains a challenge.
There are as many as 1,022 start-ups in the bio-technology sector with one-third of it being run by women entrepreneurs. This growth has been witnessed in the past five years, said P M Murali, president, Association of Biotechnology-led Enterprises (ABLE), interacting with Express on the sidelines of the Bio-Invest 2017 here on Tuesday. The…