| Addressing a press conference at the BangaloreBio-06 here, Kiran Mazumdar-Shaw said that as the stakeholders have set a target to create 1 million jobs by 2010, this is a critical area and needs urgent attention. |
| The state needs to get its act together and provide high quality biotech-related education. Presently only Institute of Bioinformatics and Applied Biotechnology (IBAB) and Centre for Human Genomics services the sector, she added. |
| Villoo Morawala Patell, founder and CEO of Avesthagen, said that India needs clear differentiations as to what is pharma, what is biotech and what is agri-biotech to drive new investments. "Presently, Indian companies are facing huge hurdles in raising resources at global level due to non-differentiations," she added. |
| Anup K Pujari, Karnataka principal secretary for biotech and IT, said the government will focus on creating awareness in small towns and cities especially to have dialogue and to create awareness on biotech and its benefits. Also the quality of manpower will be the key issue. |
| Meanwhile, at the BYB (build your business) forum, BangaloreBio-06 witnessed 52 companies taking part and over 500 business meeting taking place on possible collaborations, alliances, tie-ups or creating joint ventures. |
| The event also saw over 72 national and international speakers, 600 conference delegates, 150 exhibitors, from over 20 countries, various states of India actively participating.the event also attracted large delegations from leading biotech countries including France, Germany, Holland, UK among others. |
| France was represented by 19 companies and 50 delegates covering the whole value chain ? from equipment to services. |
| "We conducted over 200 one-to-one meetings and were very productive. We have various partnerships in the anvil, distribution of reagents, distribution of equipment for bio-pharma like clean room, R&D partnerships by outsourcing. We are very pleased with the response from Bangalore Bio 2006," said Eric Farcette from the French Trade Commission. |
| Gita Krishnankutty, senior inward investment adviser, British Trade Office, said, "The UK was represented by a 17-member delegation comprising UK life science companies along with renowned speakers and the regional development agencies of the UK, i.e. Scotland, Wales, the Midlands, London & the North East. |
| "We had Over 80 meetings and the German participants were satisfied with the outcome of Bangalore Bio 2006. There were very high quality, serious partners who met us and we were impressed with the qualification as well as the courage of the young start-ups in India. Indian bio-pharma firms have a very good chance to come to Germany and distribute their products across Europe, since Germany is the logistics centre of Europe," said Anandi Iyer - Advisor International Technology Cooperation Network. |
| Vijay Kumar, from the Embassy of Netherlands was upbeat of the outcome of Bangalore Bio 2006. |
| "Over 12 companies participated from the Netherlands and conducted about 100 one-to-one meetings. The delegation is very pleased with the match-making sessions. They have expressed their desire to return to Bangalore Bio next year. They are in the process of forging several alliances." he said. |
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