• Your Excellency Mr. Vyacheslav I Trubnikov,
  (Ambassador Extraordinary and Plenipotentiary of the Russian Federation)
• My cabinet colleague Mr. K. Lakshminarayana,
• Mr. Peter Hassan, Advisor Industries,
• Prof. Raif Vasilov, (President, Russian
• Dr. B.S. Bajaj, Secretary General FABA,
• Mr. B.P. Acharya, Prl Secy Industries,
• Other dignitaries, Ladies and Gentlemen.

I understand that the network will act as a dedicated online platform offering a comprehensive range of partnering services to the stakeholders of the Russian-Indian biotech markets.

I was also told that this platform will be the first of its kind and will prove to be a very useful tool to accelerate the cross border collaboration between India and Russia.

I take this opportunity to thank the Russian Biotech Association for their support and partnering with India in the “Global Bio Future”.

AP has always recognized the importance of biotech in India’s knowledge economy and has made successful efforts in providing the right environment, infrastructure and encouragement to leading biotech companies, to establish and explore India’s biotech future. 

This has been clearly evident in the development of the number of research and academic institutions, biotech parks, knowledge parks and the increasingly growing presence of leading pharma and biotech companies in the State.  Proven technologies, patenting of innovations and successful commercialization of biotech products have created strong indigenous capabilities in the country.

With the growing success of the ambitious Human Genome Project, driven by the state, with the vast intellectual capital of this scientific community, AP has taken a dominant position in the biotech sector Indian drug and pharmaceutical industry.

I take this opportunity to officially announce the eighth edition of BioAsia 2011: The global bio-business forum to be held from February 21-24, 2011 at India’s first bio-city, Hyderabad. Bio Asia complements the State initiatives of the AP Government to promote Biotechnology in the State and in the country as a whole.

I must laud the efforts of the Federation of Asian Biotech Associations, University of Hyderabad and other organizations involved, for having taken this event to such a global scale. I personally witnessed the immense success of the previous edition of BioAsia organised in February 2010 which saw a participation of over 4000 delegates and visitors from 21 countries across the globe. The event also recorded 800 onsite B2B meetings and featured about 160 companies.

With an opportune theme of “Boosting Bio-economy”- BioAsia 2011, will feature multi-track conference, tradeshows and partnering, in addition to awards ceremonies, networking receptions and other satellite events.

I wish success for both the landmark activities launched today, and assure you that the government will make every possible effort to Encourage, Provide and Participate in India’s bio-future along with the support of each and every one of you here.

Thank you.