According
to a story in today's Financial Times,
India is planning an aggressive expansion into biotech in the next five
years.
India's science minister recognizes that this will require substantial invesment by foreign companies, according to the article.
There's a good reason for all this excitement and new investment in India-- a much improved regulatory environment and strengthened IPR. India is positioning itself to be a competitive, global player in biomedical R&D, vs. Brazil, which is falling farther behind, in large part because it has signalled to every investor that they are not secure.
But this strikes a note of dissonance with anyone who has been following the debate at WIPO for the last two days.
India's pitch at BIO is a direct contradiction of the interventions, yesterday, of the Indian delegates
Why is India's delegation to WIPO aggressively advocating the weakening of IP protection at WIPO? Why are they cooperating with those who are advancing a radical anti-IP agenda? If their government is championing biotech as a matter of industrial policy?
India's industrial policy goals will not succeed if India's delegation to WIPO succeeds with its goals.
India's science minister recognizes that this will require substantial invesment by foreign companies, according to the article.
There's a good reason for all this excitement and new investment in India-- a much improved regulatory environment and strengthened IPR. India is positioning itself to be a competitive, global player in biomedical R&D, vs. Brazil, which is falling farther behind, in large part because it has signalled to every investor that they are not secure.
But this strikes a note of dissonance with anyone who has been following the debate at WIPO for the last two days.
India's pitch at BIO is a direct contradiction of the interventions, yesterday, of the Indian delegates
Why is India's delegation to WIPO aggressively advocating the weakening of IP protection at WIPO? Why are they cooperating with those who are advancing a radical anti-IP agenda? If their government is championing biotech as a matter of industrial policy?
India's industrial policy goals will not succeed if India's delegation to WIPO succeeds with its goals.