Asian countries form biotech federation

Wednesday, 03 March 2004, 20:30 IST
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HYDERABAD: A Federation of Asian Biotech Associations has been formed to promote the biotechnology industry in the continent. The decision was taken here Saturday on the concluding day of the Bio Asian 2004 biotechnology conference here. India, Pakistan, Malaysia, Sri Lanka, Thailand, Singapore and Israel will be the members of the Federation. Andhra Pradesh industries secretary B.P. Acharya told reporters the federation would be a platform for interaction between biotech experts of the region. "The need for creating such a platform was felt because of the gap in the progress made between the developed countries and those in the Asian region. This will provide Asian countries opportunities to consolidate their strengths to accelerate development of biotechnology," the declaration on forming the federation said. More than 250 delegates from 25 countries attended the three-day conference.
Source: IANS
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