Putin Wants Greater Biotech Role

Putin Wants Greater Biotech Role

Russia wants to have a 5 percent share in the global biotech market by 2020, a senior official said Friday after a government meeting chaired by Prime Minister Vladimir Putin.

“The new wave of global technological development will be linked to biotechnologies and new materials unlike the previous wave linked to information and computer technology,” Deputy Economic Development Minister Andrei Klepach told reporters.

The government approved on Friday 25 so-called “technology platforms,” modeled on their European equivalents, which will provide framework and coordination for research and funding.  Three of the platforms are linked to biotech.

(Via The Moscow Times)

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