Pan-Asian biotech federation formed
[NEW DELHI] Biotechnology associations in countries stretching from the Middle East to South-East Asia have come together to promote biotechnology and build on each other's strengths in the field.
It aims to promote collaboration between industry and academia, and boost investment in biotechnology, international trade in biotechnology products, and outsourcing of services.
The federation will also sponsor study and business teams travelling between member nations and to other countries.
The federation will be a hub for biotechnology associations operating in member countries. According to Bajaj, the federation will not develop a central research agenda; national chapters will instead draw up research policies and priorities in line with their country's requirements.
Participants at the BioAsia 2005 conference identified areas for potential collaborations including human and veterinary vaccines, diagnostic products, biopharmaceuticals, pre-clinical and clinical trials, intellectual property rights and venture financing.