MoU to support breakthrough discoveries in healthcare, agriculture and clean energy in the country.

Updated on: Friday, October 05, 2012

The Association of Biotechnology Led Enterprises (ABLE) and Washington Biotechnology & Biomedical Association (WBBA) today signed an MoU for broad ranging cooperation to support "breakthrough" discoveries in healthcare, agriculture and clean energy in the country.
   
Both ABLE and the US-based WBBA will undertake activities to further their respective mandates by providing each others members opportunities to co-operate and invest in the State of Washington and in India in the field of Biotechnology, ABLE said in a statement here.
   
ABLE is the apex body of the biotech sector in India.
   
"These activities could be the current ones that both associations are engaged in or future ones that both may decide to do individually or jointly.
   
"Among others, the activities could be concerned with technical knowledge, market research, inputs for policy making, internships, exhibitions, workshops, seminars, capacity building, collaborations, Investment and business partnering", it said.
    
P M Murali, President, ABLE said, "the collaboration aims to achieve breakthrough discoveries to provide affordable solutions for critical diseases, important challenges in agriculture and energy on mutually agreed topics."
  
Chris Rivera, President, WBBA said, "we see India as the growth engine of tomorrow and one of the fastest growing economies in the world. This collaboration with ABLE in India is significant to WBBA to facilitate best of research in biotechnology from both the countries."
   
Both associations will provide inputs on various issues related to the healthcare, food, agriculture, bio-energy, clean-tech  and nutritional field and facilitate opportunities in research, technologies, drug development, education, human resources, manufacturing, marketing, services, business, trade, capacity building and so on through several pre-planned activities, it was stated.

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