A large number of aged population is affected by the age related macular degeneration (AMD), which results in the loss of vision in the center of the visual field (the macula) because of the damage caused to the retina of eye. Among the widely used options for the treatment of this disease is Ranibizumab, a recombinant humanized anti-VEGF monoclonal antibody fragment (recombinant huFab V2). Currently, this product is being produced in E.coli bacterial cells by various companies including Genetech and Roche. However, the major bottleneck is the high cost of production, leading to a highly priced product in the market.