Press
Releases
| Kapil Sibal launches Industry
Working Group for Biotechnology in New York |
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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 governments 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 Indias 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:
- 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.
- 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.
- 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
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