Ocimum Biosolutions CEO Wins Astia and Biospectrum Awards.

HYDERABAD, India & GAITHERSBURG, Md. -- Ocimum Biosolutions, a leading integrated genomics company, today announced that Anuradha Acharya, CEO, has been awarded the Astia Life Science Innovators Award and the Biospectrum Entrepreneur of the Year award.

In its 4th year, the Astia Awards

The annual BioSpectrum Awards, which were started in 2003, recognize the exceptional contributions of the industry to the development of biotech sector in the country. The jury for the awards was headed by Varaprasad Reddy, Chairman, Shantha Biotech, and comprised Prof. Vijay Chandru, Chairman, Strand Life Sciences; Dr Shrikumar Suryanarayan, Director General, Association of Biotechnology-Led Enterprises (ABLE), Bangalore; Tapan Ray, Director General, Organization of Pharmaceutical Producers of India (OPPI), Mumbai; A Ramesh, General Partner, APIDC-Venture East, Hyderabad; Narayanan Suresh, Group Editor, BioSpectrum; and Abraham Mathew, Chief Editor, BioSpectrum.

Anu Acharya said: "It is an honor to receive these recognitions from Astia and Biospectrum. I would like to thank our global customers, partners, employees, investors and well wishers who made this happen. We will continue to hone our capabilities to provide integrated range of quality genomic solutions to our global clientele."

About Anuradha Acharya

Ms. Acharya is the founder & CEO of Ocimum Biosolutions, a global genomics outsourcing partner for discovery, development and diagnostics. The company was founded in the year 2000 and has completed 3 international acquisitions, Gene Logic Genomics from Maryland, USA in the year 2007, Isogen Life Sciences from The Netherlands in 2006 and the GD business of MWG Biotech of Germany in 2005. Ocimum today has 2000 customers worldwide and operates under 3 main business units of BioIT, BioMolecules and Bioresearch. Ocimum recently raised capital from Kubera Cross Border Fund (KUBC) for an equity investment of up to US$17 million (including the pro rata investment by affiliates of Kubera Partners, LLC, the Investment Manager of KUBC). Ocimum was previously financed by the International Finance Corporation (IFC), the private Equity arm of the World Bank.