BANGALORE, India--(BUSINESS WIRE)--Biotech companies in the South East Asian countries must focus more on producing their own end products for domestic markets as well as exports, said Prof. Sidney Altman, Nobel Laureate and Sterling Professor of Molecular, Cellular and Developmental Biology, Yale University, USA. Speaking at the inaugural ceremony of the eighth edition of India’s biggest biotech event Bangalore Bio 2008, Altman said the institutions and companies should also focus more on contributing to the educational institutes and non-profit organizations, which are responsible for generating 80-90% of new ideas that are worthy for commercialization.
