Randox Laboratories would set up its first manufacturing unit outside the UK in Bangalore, he said at 'Bangalore Bio-2005', billed as one of Asia's largest biotech shows, which began on Friday.
Randox is stated to have developed and built the world's first diagnostic system based on biochips. A business tie up was also signed between Zenosis of Britain, which has built and developed protein biochip, and EduTech of India, he said.
Shantha Biotechnics, a leading Indian biotech company, has signed an agreement with PolyTherics Ltd, a University of London biotech spin-out company, Arthur said.
Emphasising that knowledge sector was one of the key areas for further strengthening ties between India and the UK, he said a strong link between the two knowledge cities, Bangalore and Cambridge would go a long way in strengthening ties both at government and business levels.
Inviting Indian biotech companies with global ambitions to seriously look at the UK as a business destination, he said, "We hope many more biotech/pharma companies establish their offices in the UK".
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