Introduction
  Mandate
  Administrative Setup
  Organizational Structure
  Directory
  Vigilance Unit
  Annual Reports         
  Eleventh Five Year Plan
  Scientific & Engineering Research
  Technology Development
  S&T and Socio Economic Development
  International S&T Cooperation
  Women Scientists Programs
  Technology Missions: Solar & Water
 S&T Policy
  NATMO
  Survey of India
  Parliament Unit
  S&T Training Cell
  Recruitment Cell
  Welfare Cell
  Hindi Department
  Library
  S&T Exhibition Cell
  Integrated Finance
  Press Releases
  Announcements
Home | Sitemap | Search | Feedback | FAQs | Contact Us
About DSTScientific ProgrammesS&T System in IndiaScientific ServicesAdministration & FinanceWhat's New
 
Press Releases

Kapil Sibal launches Industry Working Group for Biotechnology in New York
 

Shri Kapil Sibal, Union Minister for Science and Technology & Ocean Development has emphasized the need of a cohesive public-private partnership being the driving force of the collaborations in the knowledge-based sectors. Launching an Industry Working Group for Biotechnology in New York, he detailed the facilitating environment created for closer collaboration by the Indian Government. The announcement of the government’s biotech policy, setting up of innovative funding and single window regulatory mechanism were a few steps in the right direction, he said. Shri Sibal invited the US Industry to take advantage of the significant cost advantage offered by India in drug discovery which would enhance collaborations for diseases prevalent in developing countries.

The India-US High Technology Group (HTCG) (which was set up as a part of the Next Steps in Strategic Partnership (NSSP)) identifies Biotechnology as one the four key areas of collaboration with public private partnership. Following the last HTCG meeting in New Delhi in December 2005, an Industry working group for Biotechnology, being coordinated by FICCI (The Federation of Indian Chambers of Commerce and Industry) from India and USIBC from the US; has been set up, co-chaired by Dr Krishna Ella (Chairman Bharat Biotech) and Nigel Thompson Executive Director Merk & Co. The Working Group has been constituted across industry sectors.

The Minister advised the Group to prioritise key issues affecting closer cooperation and offered the India’s support in resolving them. The Industry Working Group has been tasked to identify key issues to realize the full potential for the growth of the sector. Three subgroups within the working group have been tasked to prepare a comprehensive report in time bound program to effectively work on:

  1. Transfer of Bio Materials: Material Transfer Agreements and Protocols are required to be in place for facilitation of Bio Material movement. Infrastructure and processes need to be formalized and set up for the movement of the Biomaterials. An ATCC subsidiary in India could catalyse the process. Collaboration between the regulatory mechanisms like the FDA will be necessary. Facilitation of material handling at Indian airports and ports requires appropriate infrastructure development. Appropriate development of Customs procedures and their implementation framework will need to be developed. Adequately trained manpower for bio material handling will be necessary for effective movement.
  2. Clinical Research: Synergizing core- competencies in R&D and cost effectiveness, poses tremendous challenges. The sub group has been tasked to identify limitations affecting realization of the full potential in this area.
  3. New Product Development and innovation: The group should identify joint areas for research and product development. The Group will conduct an in-depth study and suggestions for taking this forward..

The subgroups will meet regularly and identify issues and suggest suitable mechanisms to facilitate closer public private partnership for growth of the biotech sector.

Source : Press Information Bureau
Date : April 07, 2006

What's New
Press Releases
  Press Releases 2012
  Press Releases 2011
  Press Releases 2010
  Press Releases 2009
  Press Releases 2008
  Press Releases 2007
  Press Releases 2006
  Press Releases 2005
Announcements
Archives

 

 

 

Copyright © 2005 Department of Science and Technology                     Designed, Developed and Maintained by FICCI-BISNET