Posted on 06/21/2005 6:16:21 AM PDT by Gengis Khan
HAVING showcased itself as the most attractive destination for development of low cost drugs for the world market, India has sought active partnership with the United States through enabling protocols and transfer of biological materials.
A meeting of the US-India High Technology Cooperation Group went into the nitty-gritty of clinical trials, regulatory regimes, technology transfer, patent protection and potential for alliances.
Science and Technology Minister Kapil Sibal, who led the delegation and also held separate talks with Acting Deputy Commerce Secretary David Sampson, told reporters later that the US reaction to the Indian proposals was "very positive".
A major barrier to collaboration has been the absence of a protocol between the US and Indian governments -- an issue that is now expected to be sorted out with the Drug Controller General of India visiting here next month for talks with the Food and Drug Administration (FDA).
Sibal made out a case for the US transferring at least those categories of biological material that do not fall in its prohibitive "dual-use technology" classification.
Earlier, in a crisp presentation at the US-India Business Council (USIBC), Sibal aggressively marketed India as the destination of choice in the biotech sector, an area in which it is looking for a quantum leap through a set of recently announced initiatives.
The overall cost of developing and manufacturing drugs could be brought down dramatically if only the pharmaceutical majors turn to India for inexpensive clinical trials, cheap raw materials and low-cost skilled manpower, he said.
Sibal cited the Indian successes in development of low-cost drugs. Its anti-retrovirals have brought down the cost of medicines for AIDS victims from $10,000 per annum to as low as $250.
The minister assured the US companies that India was in the process of setting up the regulatory bodies to remove any roadblocks for collaboration. A single window clearance mechanism has already been announced for establishing biotech parks. Also 100 per cent foreign direct investment will be allowed in specified biotech areas.
Poppies.
Frankly, the US needs to marry itself to supporting India as a global counterweight to China, and as a regional counterweight to the radical Islamists. If any country has real reason the be suspicious of Muslims, it is India.
"If any country has real reason the be suspicious of Muslims, it is India."
Very true. India is/has been probably the only country that has seen the worst of Islam in its true colours. And probably only Indians have learnt how to deal with them.
Ping!
You might be interested in this one.
Thanks for the ping.
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