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Biotech Business Plan

In: Science

Submitted By kunalb2014
Words 395
Pages 2
INCYTE : BIOTECH FEST
EVENT : BIOTECH BUSINESS PLAN
INDIVIDUAL ENTRY :

PROPOSAL : An R&D and production based organisation specialized in tissue culture and stem cell technology , skin and epidermal tissue culture and reintegration, cell-tissue-organ banking, cultivation of tissues which are compatible according to individual requirements. The venture will also have a humanitarian aspect of extending help to patients looking for organ replacement, burn victims in need of skin for skin grafting.

The venture will have three intertwined multiple wings. An R& D wing to develop and improve on existing techniques, different production wings to execute the techniques, management groups to improve on marketing strategy advertising and spreding awareness.

The main goal of this venture is to develop cell and tissue compatible with the recepient’s requirements and serve consumers with better availability of tissue and cell types . Easy availability will greatly increase survival rates, especially in case of burn victims who badly need skin grafting to survive.

MARKETING STRATEGY : Purpose:
Investments in Niche Biological Products and Services will lead to increases in export revenues of biologically-based products (apart from food products) with returns significantly above commodity levels based on global market-led and valued, research-based innovations.
Scope:
Basic and applied research and experimental development in any aspect of the production, harvesting, processing, manufacture, distribution and marketing of added-value products based on biological raw materials from existing or new biologically-based industries, including technologies.
POTENTIAL:
Lots of surgeries require tissue and organ

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