BioVoice News April 2017 Issue 11 Volume 1 | Page 18

cover story 2020 and $5 billion of investments,” mentioned Dr PM Murali, President, ABLE in his comments. were the challenges and opportunities that will decide the fate of the target. Action begins at home! Ms Kiran Mazumdar Shaw, Chairperson, Biocon is of the view that a lot needs to be done at industrial level to reach the big target that has been set. “It is the time to build upon what we have created. Data mining is a big opportunity where we have to work hard. Need to have well aligned structure in place where government, At the recent event to celebrate the 5th foundation day of the Biotechnology Industry Research Assistance Council (BIRAC), the stakeholders exchanged ideas on making India a biotech hub by next decade. Among the issues that featured prominently in the discussion regulators and industry work together. Working in silos won’t work for us any longer,” she stated in her speech at BIRAC’s event in Delhi. Talking about opportunities, she pointed out towards the biodiversity act which according to her is draconian and needs to be recast for the industry’s ease of research and development. “DBT must take ownership of the vast genomics data. The two-year degree course in genetic counselling must be introduced.” Data mining is a big opportunity where we have to work hard. Need to have well aligned structure in place where government, regulators and industry work together. Working in silos won’t work for us any longer Dr Kiran Mazumdar Shaw, CMD, Biocon 18 BioVoiceNews | April 2017