Key insights
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1
Funding Shortages: Many biotech startups struggle to secure necessary funding for scaling operations.
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2
Regulatory Complexities: Existing regulations often hinder the rapid advancement of biotech innovations.
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3
Fragmented Infrastructure: The lack of integrated facilities complicates the development cycle for startups.
Takeaways
To unlock its full potential, India must address funding, regulatory, and infrastructure challenges in its biotech sector. A collaborative approach among government, industry, and academia is essential for sustainable growth and global competitiveness.