Coming soon: National Biotechnology Development Strategy II

The Department of Biotechnology, Ministry of Science and Technology is in the process of drafting a "National Biotechnology Development Strategy II" for encouraging lifesciences education, research and entrepreneurship

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Pushing biotech to the next level!

Giving this information the Minister of State for Science & Technology, Mr YS Chowdary stated that the strategy seeks to address a number of identified challenges in terms of tailor-made human capital for scientific research and entrepreneurship; research priorities, resources, and core facilities.

Mr Chowdary mentioned further, "Other areas to be addressed by the strategy include creation of investment capital; intellectual property regime; technology transfer, absorption, diffusion and commercialization; regulation standards and accreditation; biotechnology partnerships between public and private sectors both nationally and globally and public understanding of biotechnology."

The draft policy is currently under discussion with all senior experts and stakeholders for finalization before release, the minister added.

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