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Avestha Gengraine Technologies Pvt. Ltd. is a fully integrated biotechnology and bioinformatics company focusing on the development of preventive personalized medicines by achieving convergence between food, pharmaceuticals and clinical genomics. In 2006 the company had achieved turnover of Rs.18 crore and operating profit of Rs.1.8 crore and is expecting a turnover of about Rs.35-40 crore in 2007.
Avesthagen was founded in 1998 by Dr. Villoo Morawala-Patell. It has 4 main strategic business units, viz. Biopharmaceuticals units, Biotherapeutics units, Food for medicine (FFM) unit, and Agri-biotech unit. Today it has a dedicated team of about 250 employees of which more than 25 are PhDs. It has 55 patents in the agri-biotech business.
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