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Bioinformatics pie worth $60 b

Our Bureau

Bangalore June 8 The bioinformatics pie is worth $60 billion and big players such as TCS, Infosys, Wipro, Cognizant and HCL are scaling up for a share of this sector, according to speakers at the Bangalore Bio.

Bioinformatics is the tool for accelerated drug discovery. With intellectual property its main driver, companies are involved in clinical informatics, corporate IT, clinical development IT and scale IT.

According to Mr Sandeep Raju, Head of Delivery Operations, Life Sciences, Infosys, "The tremendous growth is reflected in package implementing, supporting and financing. Opportunities are enormous for software companies. One would in the near future see companies investing in building and owning IP in bioinformatics to fuel growth and revenues."

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