Biocon and Sun Pharma were honored recently at Thomson Reuters’ India Innovation Awards 2014. This is the second consecutive year of the study of State of Innovation India Report, which analyses innovation in 12 leading sectors, which are based on patent activity for inventions originating from India, using the Derwent World Patents Index- A Thomson Reuters’ proprietary patent database.
The India Innovation Awards are designed to recognize innovation and entrepreneurship in India, based on Indian patent publications. The awards honor the most innovative academic institutions and commercial enterprises headquartered in India for their spirit of innovation in R&D.
Along with Biocon and Sun Pharma in the Corporate Pharma category, awards were presented to Infosys and Suxlon Energy representing the Corporate Hi-Tech sector, while IIT-Bombay and Defence Research and Development Organization (DRDO) bagged honors in the Academic and Government category.
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