The Times of India lauds new efforts in the subcontinent to encourage the growth of its biotech industry [1]. Under new legislation, the country's department of biotechnology is now setting aside 30 percent of its annual budget to fund public/private collaborations on new drug development. A new council has been created to help coordinate efforts between academics and biotech companies and a new regulatory body has been created. India has a shortage of trained regulators, but the Times editorial suggests that the FDA may step in to help train personnel.
- read the editorial [2] in the Times of India
Related Articles:
India emerging as big drug market. Report [3]
China surges past India in drug discovery work. Report [4]
China now leads India in ongoing clinical trials. Report [5]
Bangalore Bio: India's biotech future is bright. Report [1]
Links:
[1] http://www.fiercebiotech.com/story/bangalore-bio-india-s-biotech-future-is-bright/2007-06-08
[2] http://timesofindia.indiatimes.com/Betting_on_biotech/articleshow/2892590.cms
[3] http://www.fiercebiotech.com/story/spotlight-india-emerging-big-drug-market/2007-12-18
[4] http://www.fiercebiotech.com/story/china-surges-past-india-drug-discovery-work/2007-10-09
[5] http://www.fiercebiotech.com/story/china-now-leads-india-ongoing-clinical-trials/2007-08-28