Bangalore to host first bioscience incubator

11th February 2014
Bangalore to host first bioscience incubator
Kiran Mazumdar Shaw and Chief Minister Siddaramaiah mark the formal launch of a bioscience incubation centre in Bangalore, February 10 2014. IT and BT Minister S R Patil is in centre.

Bangalore, February 11, 2014: India's Biggest Biotech Show, the l Bangalore INDIA BIO 2014 (BIB 2014) kicked off yesterday with the launch of a bioscience and medical technology incubator by the host state of Karnataka -- the first such initiative by an Indian state.
The host city is one of the world's largest bioscience clusters with some 400 biotech companies and 10,000 bioscience researchers and professionals based here.
"What makes Bangalore so special is the convergence of IT and Biotechnology", said Kiran Mazumdar Shaw, Chairperson-Karnataka vision group on Biotechnology, and Managing Director of Biocon.
Five years after announcing a Millennium Biotech Policy the state government is set to revise it, said Karnataka Chief Minister Siddaramaiah. The tweaked policy will address the talent shortage faced by the industry, by setting up more biotech finishing schools, incubation centres and common instrumentation facilities he added.
The opening day's keynote was delivered by 2012 Nobel laureate and, Distinguished Group Leader, The Wellcome Trust/Cancer Research UK and the Gurdon Institute, University of Cambridge, Sir John Gurdon , who spoke on “Nuclear reprogramming as a route towards cell replacement therapy.”