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The Growth Facilitators
Continuing its surge towards making Andhra Pradesh a biotech knowledge hub, the government has taken many first of its kind initiatives in the state. These along with the large network of preexisting research laboratories, institutes and universities have given Andhra an impressive head start in biotechnology. A quick glimpse.
India will emerge as the outsourcing hub in life sciences
A biotech policy, 600 sq km genome valley cluster, a venture fund, infrastructure to complement and now BioAsia 2004. BP Acharya, secretary, industries and commerce department, and D Nalini Mohan, additional secretary and director (biotechnology), are driving the state’s biotech initiative. Looking back with satisfaction the duo talks about the journey so far and their expectations from BioAsia 2004.
Moving Towards Consolidation
"…the intention of the Government of Andhra Pradesh is to facilitate the development of biotechnology in the State by creating high quality infrastructure… encouraging research activities, ... and establishing links between research institutions, academia and industry."
Chief Minister
N Chandrababu Naidu (18-04-2001)
"Entrepreneurs should rise tothe biotech opportunity"
Three months away from closing, India’s first biotech focused national fund APIDC-VCL has reached a corpus of Rs 81 crore. Sarath Naru, MD APIDC-VCL, is confident that it will cross Rs 100 crore and is quite likely to touch the targeted figure of Rs 150 crore. In an interview with Nandita Singh of CyberMedia News, Naru shares the success so far and APIDC-VC’s future plans.
"I want AP to be No.1 in biotech"
From the bulk drug capital to a happening biotech destination. This transformation has been catalyzed by the plans, policies and activities initiated by the AP state government under the visionary leadership of the Chief Minister N Chandrababu Naidu, who has nurtured biotech into a booming opportunity in the state. BioSpectrum spoke to Naidu about his plans to boost the biotech industry of the state. Excerpts:
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