BANGALORE, INDIA–(EMWNews – July 25, 2008) – Researched by Industrial Info Resources

(Sugar Land, Texas) — A recent report released by Med Ad News ranked

Biocon Limited (Bangalore, Karnataka), India’s pioneer in the biotechnology

space, among the world’s top 25 biotechnology companies. The report, which

listed drug-based firms by revenue and by income, ranked Biocon at 20.

Biocon has the distinction of being the only Asian country to be featured

in the league, which includes 19 U.S. companies and five others from Europe

and Australia. Firms from across the world have begun to take interest in

India’s biotechnology industry, including Eli Lilly (NYSE:LLY) and

Sigma-Aldrich Corporation (NASDAQ:SIAL). Johnson & Johnson (NYSE:JNJ) and

Novartis (NYSE:NVS) are among several major companies that already have a presence in the country.

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