Political Economy of Biomedical Technology

Abstract

The growth of the biotechnology industry in India in the recent years merits a closer examination of the political economy of biomedical technology and how the epistemological advances in life sciences generated a whole sector of industry through a process of “co-production.” An elucidation of the factors of political economy also throws light on how the commonly held notions of science, scientific knowledge, and healthcare are undergoing a transformation, and the role of genomics and biotechnology in ushering in this change.