Tamil Nadu Biotech Policy 2014 was designed to facilitate new biotech companies to come to Tamil Nadu by creating an enabling environment. It also had an objective of attracting R&D institutions and manufacturing firms to the state by developing high quality infrastructure with the required support services for manufacturing units by setting up specialised biotech parks in various parts of the state. Providing special incentives to the biotech industry and related sectors, developing competent human resources at different levels in the field of biotechnology, facilitating the flow of venture capital funds and bank credit to biotech companies and addressing issues such as Intellectual Property Rights, bio-safety, biosurveillance and bio-ethics are also the core objectives of this policy.
TICEL Bio Park-1
A world class laboratory infrastructure, TICEL Bio Park has been established in Chennai, India and is in operation since November 2004. It is a focal hub for biotech R&D industry in major domains of biotechnology such as medical biotechnology, nutraceuticals, agricultural biotechnology and bioinformatics. It has facilities like bio resource centre which is currently under construction, tenancy area and training centre. It is promoted by TIDCO (Tamil Nadu Industrial Development Corporation) and TIDEL Park Tamil Nadu in collaboration with Cornell University, USA. Currently it has 95 modules of lab with employment potential of up to 500 scientists.
Companies under this park:
Johnson & Johnson India Pvt Ltd, Axiogen Biotech, HLL Lifecare Ltd, Levim Biotech LLP, Histogenetics India Pvt Ltd, SGS Pvt Ltd and Sakskin Life Sciences Pvt Ltd are some of the companies involved in research in this park.
TICEL Bio Park-II
It has lab space of 6.13 lakhs sq ft catering to biotech pharmaceutical, bio IT & nanotechnology - R & D activities. It has an employment potential of up to 1500 scientists.
TICEL Bio Park-III
Foundation stone of this park was laid in 2016. It has Biotechnology Core Instrumentation Facility (BTCIF) which was established jointly by TICEL and Department of Biotechnology for providing scientific support at a cost of Rs 193 million. It has wet labs in 20,000 sq ft catering to fermentation & microbiology, downstream processing, molecular biology, plant tissue culture, animal tissue culture, analytical and provide technical, incubation and mentoring support to clients / biotech industries.