Camson Biotechnologies Limited
A leader in Agricultural Innovation
Overview
Overview
Activity

Competitive Advantages
Business verticals:
−
−
Growth over the Years

India's first integrated
agricultural biotech company

CAGR of over 80%
(FY 06–10)

First mover advantage –
Biocides

Consistent EBITDA Margins
of 19% + in last 5 years

All set to leverage the hard
work put in over the last one
and half decades

Consistent PAT Margins of
16% + in last 5 years
Seeds
Biocides & Bio fertilizers
Financials
(Amt Rs. in cr)
Revenue
EBITDA
PAT
Source:
3
Vision & Mission
Vision:
“Camson visualises a healthy and disease-free society by
providing safe food”
Mission:
“To be a world-class manufacturer of biotechnology products
which are effective, non-poisonous, eco-friendly, zero-residue
and cost effective through state-of-the-art technology, backed
by on-going research and development activities thereby
providing good health to all.”
Source:
4
Agenda
Overview
Industry
Company profile
Growth Drivers
Future Roadmap
Financials
Source:
5
Indian Agriculture Industry
Growing Population
Expected to grow from 1.1 bn
in 2009 to 1.9 bn by 2050
Source: UN Population Division (2005)
Reducing Arable Land due to
Rapid Industrialisation
Use of Crops as Bio-Fuels
Per capita availability of agri land
0.33 ha
1951
0.14 ha
0.05 ha
2001
2035
Source: Union Agriculture Ministry (2006)
Food Scarcity Crisis
India would be short
of 14 mmt of food
grains by 2017 if the
present growth rate of
food grain production
continues.
Will require high
yield seeds & biofertilizers to
improve agriculture
productivity
Source: Govt. of India
Source:
6
Industry Overview – Agrochemicals (Pesticides)
Global Agrochemicals Industry

41.7
9.9
6.0
15.0
2.3
Herbicides (45%) and Insecticides (33%)
are the largest consumed agrochemicals.
2001
2002
2003
2004
Market size
1.6
2.6
2005
2006
(%)
Global Agrochemicals Industry grew at a
CAGR of 9.3% from 2003 to reach US$ 41.7
billion in 2008.
US$ bn

2007
2008
Yoy growth (%)
Source: SBICAP Report, Mar 2010
Indian Agrochemicals Industry

Pesticide Consumption in India
Expected to grow at 7.5% from US$ 1.36 bn
(2009) to US$ 1.7 bn (2012).
 4th largest producer in the world after the US,
Japan and China.


Cotton
Produces 16% of the world’s food grains;
responsible for only 2% of world’s pesticides
usage.
Approx. 18% of the crop yield worth Rs. 900 bn is
lost due to pests every year in India.
Rice
Chilli
Wheat
Vegetables
Others
Global Pesticide Consumption
25%
Fruits & Veg
12%
Rice
9%
Maize
Cotton
Soya
Others
Source: CARE Report, Mar 2010
Source:
7
Industry Overview – Indian Seed Market
 6th largest seed market in the world. Estimated
Indian Seed Market Size (Approx. Rs. in bn)
to be Rs. 49-55 bn.
 Growing at 12-14%
annually vis-à-vis global
market which is growing 4-5% annually.
 Categorised into:
− Biotech trait suppliers
− Hybrid seed players / breeders
− Companies that provide seeds to farmers
 Constituents
− Public Sector: Mostly focus on high volume
low value certified seeds such as pulses,
wheat and soybean
−
Private Sector: Focus on high-value hybrid
seeds such as cotton, cereals and vegetables
account for less that 5% of
the total hybrids market in India
Indian Seed
Market
Farm Saved
Seeds – 75%
Commercial
Seeds - 25%
Public - 24%
Private - 75%
 Currently exports
 The country exports
predominantly to South-
East Asian countries
Unorganised
(without
research
capabilities) 43%
Organised
(with research
capabilities) 57%
Source: SBICAP Securities Research
Source:
8
Hybrid Seeds v/s Genetically Modified (GM)
Hybrid
Genetically Modified (GM)
Difference
• Crossbred species of a two closely
related but different parent vegetables
• Taking desirable gene sequences from
other plants (and even animals)
Process
• Hybridisation happens regularly in
nature when closely related species
cross-pollinate
• Only happens in the laboratory
because it combines DNA from
organisms (plants or animals) outside
of a vegetable's species
• Hybrid vegetables have a favorable
public opinion since they have existed
naturally for centuries
• Result of a new technology that may
have serious drawback
• Little is known about the long-term
effects on the consumer of the extra
gene sequences.
Long-term Effect
Source:
9
Advantages of using Hybrid Seeds in Horticulture
 Commercial sowing in
off-season gives high
yield and better
economical income to
the poor growers
 Have wider adaptability
to various environments
 Possess the
characteristics suited to
off-season production
Source:
Higher
Returns to the
Farmers
Greater
Productivity
Better
Adaptability
Better Quality
Produce
 Increase in the yield
per unit area per unit
time due to the
development of
varieties with high yield
potential, early
maturity and improved
plant architecture
 Fresh, attractive and
free from disease
 Better transport quality
 Suitable for processing
10
Agenda
Overview
Industry
Company profile
Growth Drivers
Future Roadmap
Financials
Source:
11
Milestones & Achievements
•
Started
Operations
Exclusive
Agreement with
Government of
Uttarakhand
1993
2004-05
1995
Became a Public
Limited Company
In-house R&D Unit
recognised by Govt. of
India, Ministry of
Science and
Technology,
New Delhi
•
•
•
Procures land for 3 production units
in Nangal(HP), Kotabagh
(Uttarakhand) & Aligarh(UP).
Launch of “Sonmat”, yellow skinned
watermelon.
Launch of Cherry tomato
Launch of “Calbase”- Biocide for soil
application.
2009-10
2007-08
2007-08
2005-06
Collaborative Research
Agreement on
Molecular Genetics
with the University of
Dharwad, Karnataka
Identified as One of the Fastest Growing
Technology Companies and placed at 17th in
the Technology 50 India 2008 Programme
conducted by Deloitte Touche Tohmatsu, Asia
Pacific
• First Indian company to launch a seed variety giving yellow tomatoes
Camson’s
Pioneering
Products
• First Indian company in India to research, produce and market unique seeds like ice box
watermelons under 3 kilos out of their own R&D facilities
• First Indian company to produce watermelon with yellow skin
Source:
12
Business Segments: Complete Solutions for Farmers
Currently its business consists of 3 verticals - seeds, biocides and bio-fertilizers
Biotech products (Zero-residue)
Seeds
 Proven track record of hybrid
vegetable seeds

Range of over 49 varieties

Pipeline of an additional 70
more varieties
Bio-fertilizers
 Effective mobilisation of
nutrients to plant

Reduce the need to use
chemical fertilizers by
restoring the soils natural
nutrient cycle and enhancing
the soil conditions
Challenges for Farmers
Biocides
 In house library of 3700
selected and characterised
microbes

Effective in controlling various
pests and pathogens

Leading edge in innovating/
formulating effective biocides
Solutions by Camson

Supply to the increasing global
demand for food

Reducing the negative impact of crop
protection practices on consumers,
farm workers and the environment
Source:

Hybrid Seed varieties - Offer maximum compatibility with organic and
natural conditions and better yields

Bio-fertilizers - Unique combinations of bio-agents that enhance the
concentration of plant nutrients in the soil

Zero-residue Biocides - enable farmers to access higher-value markets
by meeting stringent requirements on pesticide residue levels
13
Strong Product Portfolio
Product Segments
Hybrid Seeds
Biotech Products (Bio-fertilizers and Biocides)
Revenue Contribution
Approximately 64%
Approximately 36%
Biotech Products Type
(27 Variants)
Hybrid Seeds (48 varieties)
Product Matrix (till date)
1.
2.
3.
4.
5.
•
•
•
•
Product Features
•
•
•
•
•
Source:
Watermelon (5)
Tomato (11)
Chilly (4)
Brinjal (15)
Okra (3)
6. Bitter Gourd (4)
7. Bottle Gourd (2)
8. Sponge Gourd (2)
9. Sweet Corn (1)
10. Musk melon (1)
•
•
•
•
Biofungicides (6)
Bio Insecticides (9)
Bio Stimulants (6)
Bio-Fertilisers (6)
Longer shelf life
Higher realisation due to unique characteristics
Offer great protection period
Pests/insects do not develop resistance to biocide even after multiple uses
Fewer sprays, in turn saves labour cost
Greater yield per acre
Zero residue product
Can be used along with chemical pesticides
Cater to wide range of crops
14
Pioneer Products
Seed Product Portfolio
Key Crops
Brands
Description
Watermelons
Netravati and Vedavati
• Higher margin product and expected to be future growth driver
Tomato
Ganga, Songanaga and
Akash Ganga
• The second highest revenue earner
• First Indian company to launch a seed variety giving yellow tomatoes
Chilies
Gomti and Pennar
• Gomti chilly is dark green with 8-10 cm length.
• This variety of seed has been the highest gross earner for Camson.
Biocides Product Portfolio
Product
Major Crops
For Control and Elimination of
Calphomil
Veg, Fruits, Flowers and Cereals
Fungal infection like downy mildew, phytopothora, pyhium, wilt, blast
Calnova
Veg, Fruits and Flowers
Mites(sucking pest), Thrips
Calstim
Veg, Fruits and Flowers
Bio-stimulants
Caltika
Veg, Fruits and Flowers
Plant tonic
Calpaste
Veg, Fruits, Flowers, Cereals and Cotton
Insecticide for all soft bodied insects
Calbahaar
Veg, Fruits, Flowers, Cereals and Cotton
Prevention and control of soil borne pathogens and insects
Source:
15
Location and Target Markets
Locations
Setting up a production facility in Nangal, Himachal Pradesh
Currently ,the company is setting up a production unit in
Uttarakhand to cater exclusively to the Northern India market
Camson has research center in Aligarh, Uttar Pradesh
Headquartered in Bangalore, Camson has a 25 acre R&D centre
and production facility in Dodaballapur; also in process of
developing another R&D center in Dodaballapur
Target Markets
Target Farmers :
Currently active in Six States –
Andhra Pradesh, Uttar Pradesh (including
Uttaranchal), Maharashtra, Madhya Pradesh,
Karnataka and Haryana
 These six states account for 85% of sales
 Intends to expand on pan-India basis and
enter in International markets
Three categories
 Category A : Export oriented farmers.
 Category B : Who have not been able to
find remedial solution for a particular
pest/disease
 Category C: Who understand harmful
effects of chemical pesticides

Source:
16
Sales & Distribution Network

13 Branches all over India

Dedicated team of 300 marketing professionals across India

Wide, well-connected network of 300 distributors and 2,600 dealers across India
Authorised Distributors
(AD):

Distribution is through its Bangalore
centre. Seeds are normally couriered
immediately and delivered within 3-4
days.

For biotech products which have a longer
shelf life and are much more bulky,
Camson has Clearing & Forwarding agents
across the country for storage and
handling

Employs Field Assistants at local level on a
temporary basis during sales promotions

Give general advice to farmers on various
products and also write out “prescriptions”
on appropriate usage of biocides along
with seeds
Obtains product at a lower
price than APD
CAMSON
Marketing
Retail Shops
Authorised Preferential
Dealer (APD):
Larger retailer at taluka
level who also supplies
to some retail shops
Sales Officers
Field Assistants

Demos
To reach farmers
directly organises
various kinds of trials
and demonstrations
Source:
Free Consultancy
17
Manufacturing Facilities
Quick Facts
Manufacturing Facilities


Have been set up in southern and
northern parts of India, keeping
in mind the diverse demand in
both.
Supported by well-equipped and
internally connected storage
facilities covering key locations in
India.

Currently, has one facility at Dodaballapur in Bangalore

Setting up additional facilities in Uttarakhand and Himachal Pradesh

Seed multiplication is through contract farming at different locations

Total area under contract farming is approx. 1000 acres

Contract production (Hybrid seeds) spread over 1000 acres in
Karnataka, Andhra Pradesh and Tamil Nadu

Tax advantage for the 25 acre centre in Dodaballapur which has
agricultural, residential and industrial units housed within it
Tax exemptions in biocides units in Nangal and Kotabagh
Karnataka
(Existing)
Location
Karnataka
(New building)
Nangal (HP)
Aligarh (UP)
Kotabagh
(Uttarakhand)
R&D Facility
Biocide plant
R&D Lab
Biocide plant
1.8
12
1.5
30,000 sq. ft
40,000 sq. ft
6,000 sq. ft
30,000 sq. ft
100
80
10
80
270
900,000
NA
900,000
NA
800,000
2,600,000
-
31-Mar-12
31-Mar-11
31-Mar-12
31-Mar-12
Type
Land Area (Acres)
20
45,000 sq.mts
Area (Building)
Capex (Rs. mn)
Capacity (ltrs on a per shift basis)
Expected Operational Date
Source:
Total
18
Strong R&D Capabilities
• 22 biocides
Strong focus on in-house research
capabilities has resulted in successful
portfolio of products over the past 3 years
• 7 bio-fertilizers
• 17 hybrid seeds
• The ongoing research will add another 70 more varieties of seeds
Entire Biocides research process takes about
9 - 12 years
• Has already established over 3,700 selected microbes
Entire Hybrid Seeds research process takes
about 5 - 6 years
• Has a large number of selected nucleus germplasms
R&D Facilities
• Already has its 25 acre R&D centre and production facility in
Dodaballapur
• R&D facility in Aligarh, UP & planning to set up another R&D
center at Dodaballapur
Recognition
• In-house R&D Unit recognised by Govt. of India, Ministry of
Science and Technology, New Delhi
Developed a proprietary technology
platform
• Consisting of a microorganism database, screening technology
and a natural product compound library
Camson's ability to leverage its proprietary technology platform combined with frontier science
continues to advance Camson's reputation as a leading innovator in the biotechnology space
Source:
19
Camson’s Zero Residue Farming Products
Production of Biocides and Bio-fertilizers
Based on
Formulates of
Biocides
Secondary Metabolites
(Bio-agents beneficial to soil
conditioning and improve the plant
physiology and produce)
Microbial
Bio-fertilizers
Organically derived biocides and bio-fertilizers to protect crops and enhance growth
Synthetic Chemicals

Pests develop efficacy

They cause acute and chronic health
effects

Affect the equilibrium of agricultural
systems and the environment

Also lead to socio-economic problems in
the farming community
Biocides and Bio-fertilizers
Difference

Mobilize the micronutrients in soil to
maximise their utilisation by the growing
plant

Work specifically against certain pests,
without harming other organisms

Since they are living strains, they
assimilate into the ecosystem without
leaving any toxic residue
Due to recent technological advances and increasing environment and safety concerns, biologicallyderived products are becoming increasingly important components of Integrated Pest Management
Source:
20
Management Team
Management team comprises of a core team of 35+ senior technocrats, scientists and sales professionals
Name
Designation
Qualification
Experience
Mr. Dhirendra
Kumar
Managing
Director
M.Sc. Ag., MBA

Total of 27 years of experience. Has extensive expertise, especially in promotion and
marketing of agricultural products.
Mr. A N Singh
Non-Executive
Director
M.Sc. Ag

Has worked for over 40 years in the agricultural sector. Was with the Ministry of
Agriculture, Govt. of India & retired as Additional Commissioner. This was followed by
assignments as a Consultant to the World Bank.
Krishnaswamy
Ramaswamy Iyer
Non-Executive,
Independent
Director
B.A (Hons),
LLB, CAIIB

Has over 42 years of experience in the banking and financial services industry. Has held
positions like DGM, SBI; President, San Paola Hambro Finance; MD, EXIM Bank of Tanzania
& CEO, Nepal Industrial & Commercial Bank.
Virendra Kumar
Singh
Non-Executive
Director
Master of
Engineering
degree, MBA.

He has worked extensively in the automobile sector, innovating and developing new
vehicle prototypes, and managing production and sales. He has also been a firstgeneration entrepreneur running a successful venture of environmentally-viable
infrastructure focused on the gainful use of solar energy.
B. C. Madappa
Non-Executive,
Independent
Director
Bachelor of
Science degree

Madappa has over 30 years of experience in media and allied industries. He was
responsible for the creation and incubation of India’s first professional PR firm and also
India’s first direct marketing firm in collaboration with global industrial leaders.
Dr Anirudh
Kumar Singh
Non-Executive,
Independent
Director
M.Sc. in Plant
Pathology and a
Ph.D

He has over 30 years of experience in Plant Genetics and BreedingDr Singh has published
several research articles in reputed national and international scientific journals.
Sanjay Agarwal
Non-Executive,
Independent
Director
M.Com.

Agarwal has over 20 years of experience in managing finances, backward integration and
global expansion. For over two decades, he has played a major role in making K S Oils a
successful and globally integrated venture
Source:
21
Agenda
Overview
Industry
Company profile
Growth Drivers
Future Roadmap
Financials
Source:
22
Shifting demand from Pesticides to Biocides
India currently consumes only 2% of
world’s pesticides usage resulting in large
amount of crop yield loss (~18% of the
crop yield worth Rs. 900 bn) every year
Low usage of
Crop Protection
Products at Present
High emphasis on achieving food
sufficiency is expected to drive huge
demand for crop protection products in
future
Huge Expected
Future Demand
20% of food products with residue above
tolerance level in India compared to world
average of 2%
Impact from use
of Pesticides
Hence, the
potential of Biocide
market is the total
Pesticides market
(US$ 1.7 bn by
2012 in India)
Source: SBICAP Report (Mar, 2010)
The increasing awareness about poisonous
chemical pesticides will shift the demand
from pesticides to Biocides which are very
effective and eco-friendly
Source:
Biocides as
Replacement for
Pesticides
23
Growth Drivers
Increasing Population
Rising Per Capita
Income
High emphasis on
achieving food grain
self sufficiency.
Use of high yield seeds
& bio-fertilizers to
improve productivity
Limited Farmland
Low Yield
Low access to fertilizers
& high yield seeds by
neighboring countries
India’s vast collection
of germplasm coupled
with its R&D
capabilities
India to emerge as
an export hub
Increasing min. support
prices of agricultural
crops
Rising demand for
commodities
Driving the use of
quality agricultural
inputs
Apart from above factors, increasing demand for organic products together with increasing awareness,
growth of Horticulture & Floriculture, support from Government and lower cost of usage is expected to
drive future demand for Bio-tech products
Source:
24
Agenda
Overview
Industry
Company profile
Growth Drivers
Future Roadmap
Financials
Source:
25
Ready to lead the Agricultural Biotechnology Sector
Equipped to
Spearhead the AgriBiotechnology Sector
Integrated
Player
First Mover
Advantage –
Biocides
Camson @
Inflection
Point
Competitive Advantages

India's first wholly
integrated agricultural
biotech company with
presence in hybrid seeds
and agricultural biotech
products
Source:

Has a first mover advantage
in certain product
categories. Its future
growth will depend on its
ability to leverage the
growth potential in
replacing the chemical
pesticides using the
residue-free platform.

All set to leverage the hard
work put in over the last
one and half decades. A
typical biocide research
takes 9 – 12 years.
Similarly it takes 5-6 years
to launch a new hybrid.
26
Surmounting Challenges
Hybrid seeds cannot be patented in India
Unexpected increase in demand
Illiterate farmers and hence poor
acceptability
Source:
Patent
Filing
Production
Capacity
Illiterate
farmers
The company can however patent the
hybrid seeds in the US. However, through
the Plant Breeders right which would be
implemented from Sept/Oct 2010, the
seeds of a company are protected and can
also be licensed.
However, the new facilities being set up
will take care of these concerns.
Camson’s products have already been
received enthusiastically by the farmers.
It has adopted a multi pronged approach
through demos, advertisements and
disseminating information of good farming
practices & success stories of products
27
Camson’s Goals
Focusing R&D efforts on developing effective
technologies for raising crop productivity, protecting the
environment and improving health and quality of life
Capitalising on strong and well-balanced portfolio with
a special focus on innovative bio-products
Remaining focused on innovation and
operational excellence
Source:
28
Agenda
Overview
Industry
Company profile
Camson Advantage
Growth Drivers
Future Ahead
Financials
Source:
29
Financial Highlights
Amount (Rs. in cr)
Particulars
FY 2005-06
FY 2006-07
FY 2007-08
FY 2008-09
FY 2009-10
Revenue
8
18
42
49
80
EBITDA
3
4
9
10
17
30%
25%
21%
19%
21%
2
3
8
8
15
22%
19%
19%
16%
19%
EBITDA Margin
PAT
PAT Margin
Source:
30
First Quarter Results – FY 2010-11
Particulars
Q1 FY 2010-11
Q1 FY 2009-10
Change %
Revenue
20.71
19.65
5.39%
EBITDA
5.29
3.98
32.91%
25.6%
20.3%
5.41
3.72
26.2%
18.9%
EBITDA Margin
PAT
PAT Margin
Source:
45.43%
31
Appendix
Source:
32
Regulatory Aspects – Current Regulations

SEEDS ACT, 1966 &
SEED Rules, 1968
Provide basic regulatory structure to ensure seed control in India. The Act provides for compulsory quality control and
voluntary certification of seeds of any notified kind and variety and truthful labeling of seeds. The Act also created the
various seed regulatory bodies and defined their functions & provided guidelines on minimum limits of germination and
purity, regulation of the sale of seed, certification, etc.
Seeds Control
Order, 1983 (under
the E C Act, 1955)
• This order was issued under the Essential Commodities Act, 1955, and provided the procedure for registration of every
person carrying on the business of selling, exporting or importing seeds of a notified kind or variety.
New Policy on Seed
Development, 1988
• This policy relaxed norms for the import of technology and parental material, and opened the doors to MNC seed
companies. However, the policy allowed imports only if the foreign supplier supplies the parental line seeds or breeder
seeds to the Indian company within two years of the first consignment.
The Protection of
Plant Varieties and
Farmers‘ Rights Act
(PPVFR), 2001.
• It recognises the need to protect the plant breeder’s right so as to stimulate R&D in both the public and private sector.
It defines the process for plant variety registration and also requires disclosure of the expected performance under
given conditions. The Act gives the farmer the right to claim compensation if the seeds does not perform as expected. It
also extends the breeders’ right to production, selling, marketing, distribution, export and import of seeds and/or
propagating material of protected variety.
The Protection of
Plant Varieties and
Farmers‘ Rights Act
(PPVFR), 2001.
• This policy laid down the foundation for comprehensive reforms. It included implementation of an effective sui generic
system for intellectual property protection to stimulate investment in R&D of new plant varieties. The policy also
acknowledged the need to adopt technology and protect the farmer from exploitation.
The seeds sector has witnessed many changes since 1966 when the existing Seeds Act was passed. These include new technologies such as GM
seeds and the entry of private and foreign seeds companies. In order to address these changes, the proposed Seeds Bill, 2004 seeks to replace
the Seeds Act, 1966. The changes include regulation and registration of all seeds to be sold (instead of only notified kinds), provisions for selfcertification and accreditation of private seed testing laboratories, and regulation of transgenic seeds.
Source:
33
Regulatory Aspects – Seed Bill 2004
Registration of
Seeds
Aim of the Bill


The Bill aims to
regulate the quality of
seeds sold, and
replaces the Seeds Act
1966
Transgenic variety of
seeds will still need
clearance under the
provisions of the
Environment
(Protection) Act, 1986
before being
registered. A variety
of seed containing any
technology considered
harmful or potentially
harmful shall not be
registered.



All varieties of seeds
for sale (except those
sold by farmers
directly) have to be
registered. The seeds
are required to meet
certain prescribed
minimum standards
The Bill proposes to
establish a Central
Seed Committee CSC),
which may appoint
Sub‐Committees as
needed. One of the
subcommittees will be
the Registration Sub
Committee, which
shall maintain a
National Register of
Seeds for all varieties
of seed.
Every State
Government will
establish a State Seed
Committee which will
have an advisory role
Consumer
Protection
Farmers’ Rights



The Bill protects the
right of a farmer to
save, use, exchange,
share or sell his farm
seeds and planting
material
However, the farmer
cannot sell seeds or
planting material
under a brand name
(if he does then they
have to be registered)
Also, all seeds sold by
farmers need to
conform to the
minimum standards
regarding
germination, physical
purity and genetic
purity applicable to
registered seeds
Certification &
Registration of
Seeds


For all registered
varieties, seed
producers, distributors
and vendors have to
disclose the expected
performance under
certain given
conditions
If a registered variety
of seeds fails to
perform to expected
standards, the farmer
can claim
compensation from
the producer or dealer
under the Consumer
Protection Act, 1986


The Bill permits self
certification of seeds
by accredited agencies
and allows the central
govt. to recognise
certification by foreign
seed certification
agencies
Every seed producer
and dealer, and
horticulture nursery
has to be registered
with the State
Government.
The Seeds Bill was introduced in the Rajya Sabha on 9 December 2004. Through registration and
certification, the draft law seeks to promote quality seeds
Source:
34
Thank You
590076
CBTL IN
CAMS.BO
Camson Biotechnologies Ltd
No. 223, First Main, Domlur Second Stage, Bangalore - 560071.
Tel: 0091 080 2535 5138 Fax: 0091 080 2535 2232
Email: info@camsonbiotechnologies.com Website: www.camsonbiotechnologies.com
Source:
35