Navigation Links
Europe Seeks Indian Expertise

Indian expertise is sought by European nations in the field of life sciences and biotechnology. Staf Van Reet, Managing Director of the Belgian// company Viziphar Biosciences, told a seminar that the country has tremendous potential for global sourcing in life sciences.

"We are starting with an R&D project in tuberculosis, in collaboration with the Indian Institute of Sciences in Bangalore," he said at the seminar organized here by the Belgo-Indian Chamber of Commerce and Industry.

Van Reet cited the example of the Janssen Stability Centre, which he set up in Mumbai in 1999 when he was managing director of Janssen Pharmaceutica, now a part of Johnson and Johnson. The aim, he said, "is to turn the Centre into a 150-seat Centre of Excellence, with an investment of up to $18 million".

Instead of using the word outsourcing, he said he preferred the term global sourcing, which he defined as "integrating the best resources and capabilities of India, Europe and America".

Said another speaker Marc Van Montagu: "India needs to boost the culture of innovation, to move from an outsourcing service industry to an innovative R&D based industry."

Jayant Nadiger, head of the Trade and Investment office in Bangalore of Belgium's Flanders region, told the seminar that biotechnology had been "aptly described as the 'technology of hope' because of the promise it holds out for food, health and environmental sustainability".

Nadiger, who has been instrumental in setting up Belgian companies in south India and Indian companies in the Flanders region, noted that the Indian biotech industry is growing rapidly, driven by "the strong networking partnership between large pharmaceutical firms and biotechnology firms".

Indian consumption of biotech products was "expected to quadruple in the next decade", he said.

A Belgian trade mission will visit India from March 20. Its organizers, repres enting the Wallonia region of Belgium, view the biotech sector as "attractive, not only for pharmaceuticals but also the agro-food industry".

India's highly qualified workforce is an attraction for Belgium's "spin-off" companies, according to the organizers. They also point to the opportunities India offers to carry out clinical tests at very competitive prices covering numerous tropical diseases.

Edited IANS
'"/>




Related medicine news :

1. 15 Anti-SARS Drugs Identified By China-Europe Team of Researchers
2. Lung Cancer Deaths Declining In Men But Not Women In European Countries
3. Bird flu infection spreads from Asia to Europe
4. Record Growth Of Soya-Based Dairy Alternatives Over The Past Year In European Markets
5. Record growth of Soya-based dairy alternatives in Europe
6. Bird Flu Risk In Europe, Middle East And Africa
7. European Countries To Fund $4 Billion For Vaccination For Poor Children’
8. Nanotechnology Revolution To Be Spearheaded By European Union
9. Scottish Children Have Worst Dental Health In Europe
10. EU medical chief says Europe ready for bird flu
11. Asian Alternative Treatments For Cancer On The Rise In Europe
Post Your Comments:
*Name:
*Comment:
*Email:


(Date:8/18/2017)... ... 2017 , ... Hernandez Insurance Agencies, a northern Virginia firm ... DC region, is inaugurating a “New Leash On Life” charity initiative in conjunction ... to be companions for veterans in need. , The Semper K9 organization works ...
(Date:8/18/2017)... ... 18, 2017 , ... Goss & Associates Insurance Agency, a ... clients in the greater Houston region, is helping locally recognized nonprofit Addi’s Faith ... cancer. , Founded by Tony and Amber Bender after losing their young daughter ...
(Date:8/18/2017)... ... August 18, 2017 , ... Alcovit, a lime-flavored beverage that rids ... marketing efforts with its product now available through Jet.com. , After 25 years ... effervescent powdered drink is designed to quickly detox the body thereby avoiding alcohol-induced hangovers. ...
(Date:8/18/2017)... ... ... “Three Narrow Roads”: a vivid and provocative look into the narrow path toward god. ... is currently the pastor-teacher-visionary at Simply the WORD Church, a global prayer ministry and ... geared towards youth. , King shares, “When I take time to think about the ...
(Date:8/18/2017)... ... August 18, 2017 , ... “Prompted By Love”: a love ... of published author, Mary Nettles. Author Mary P. Nettles has devoted her life ... VBS teacher. Her lifelong desire to write was, however, not fulfilled until 2014 ...
Breaking Medicine News(10 mins):
(Date:8/3/2017)... 2017  Opioid addiction and other drugs of abuse, ... and threatening outcomes, were problems taken on directly as ... that support them, met this week. This according to ... drugs of abuse, procalcitonin and acute kidney injury were ... 69th meeting in San Diego, CA. ...
(Date:8/2/2017)... 2017 CaryRx, a next-generation full-service pharmacy, has announced ... patients in the Washington D.C. metropolitan ... providing delivery of medications through the convenience of its patient-friendly ... delivered within one hour to any location in D.C. ... this invaluable service to Washington D.C. ," says ...
(Date:7/31/2017)... July 31, 2017 7D Surgical, developer of ground ... purchased the 7D Surgical System to support its strategic sales ... D.C. and Virginia.  7D Surgical has entered into ... of the premier medical facilities within those markets. ... ...
Breaking Medicine Technology: