BIO India conference

Biotech

BIO India conference held in Mumbai

US and Indian biotech industry find common ground on key issues

L-R-Thomas Watkins, Kiran Mazumdar, Alan Eisenberg, Dr Murli

Mumbai, September 12, 2012: The 3^rd annual BIO India conference, organized by Biotechnology Industry Organization (BIO) in partnership with Association of Biotechnology Led Enterprises (ABLE) saw the industry body addressing key issues in tandem with major industry players. At BIO India International Conference 2012, views were expressed on public policies that are intended to bring about innovation, collaboration and investment in the biotech sector, particularly strong intellectual property (IP) protections and regulatory mechanisms.

The industry captains led by Kiran Mazumdar – Shaw, Chairman and Managing Director, Biocon, H. Thomas Watkins, Former President & CEO, Human Genome Sciences, Inc along with industry organization heads – Alan Eisenberg, Executive Vice President, Emerging Companies and Business Development, BIO and P M Murali, President, ABLE lay thread bare issues like strong intellectual property as well as patent enforcement, strong tax and regulatory system, strong support for R&D, streamlined safety and efficacy testing and approval process.

The participants agreed that they do not believe that the compulsory licensing of innovative products or technology generally is an effective means of promoting access or affordability of healthcare.  Moreover, it undermines incentives for companies and individuals to innovate in India, since it creates uncertainty about receiving economic returns for their innovations, they said.  Indiscriminate use of compulsory licenses would thus jeopardize India’s goal of developing a research oriented biotechnology industry, and is unsound policy, according to participants.

All participants agreed that the issuance of India’s Guidelines on Similar Biologics is a step in the right direction.  “The guidelines recognize the scientific and regulatory complexities presented by the development and manufacture of biologic medicines.  What follows next is industry collaboration in the implementation of these guidelines in a manner that continues to protect patient safety and ensure continued research and development of new cures and treatments,” said Alan Eisenberg. However, he pointed out that India needs to recognize scientific differences between small molecule therapeutics and biologics. The US industry represented by BIO urged the Government of India to include substantial non-patent data exclusivity in its policy and respect intellectual property and other legal rights. All participants agreed that there is scope for continued discussion and collaboration on these key issues.

The two-day conference will offer opportunity for large and small biotech companies to gather in one place and engage in partnering discussions with biotech leaders from around the world. On Wednesday, a fireside chat on the future of development and production of vaccines in India was held and featured Dr. Cyrus Poonawalla as a panelist.

On Thursday, a program session on ‘Commercializing Stem Cell Therapies and Regenerative Medicine’ will be held with B.N. Manohar, Managing Director and CEO, Stempeutics Research Pvt. Ltd., Virender S. Sangwan, Associate Director, L V Prasad Eye Institute (LVPEI) and Chandra Viswanathan, Head of Regenerative Medicines Group, Reliance Life Sciences as panelists. A keynote and plenary luncheon on ‘Strategies for Success: India’s Global Role in Innovation’ will also be held on Thursday with Achin Gupta, Director, Strategic Planning, Abbott Laboratories, Phil Kearney, Director, External Scientific Affairs, Worldwide Licensing, Merck, Chaitanya Saxena, CEO, Shantani Proteome Analytics, Renu Swarup, Adviser, Department of Biotechnology, Ministry of Science & Technology, Government of India and Holly Vineyard, Deputy Assistant Secretary for Africa, the Middle East, and South Asia, US Department of Commerce, International Trade Administration as panelists.

BIO represents more than 1,100 biotechnology companies, academic institutions, state biotechnology centers and related organizations across the United States and in more than 30 other nations. BIO members are involved in the research and development of innovative healthcare, agricultural, industrial and environmental biotechnology products. BIO also produces the BIO International Convention, the world’s largest gathering of the biotechnology industry, along with industry-leading investor and partnering meetings held around the world. BIO produces Biotech NOW, an online portal and monthly newsletter chronicling “innovations transforming our world.”

ABLE– Association of Biotechnology Led Enterprises is a national forum that represents the Indian Biotechnology Sector. The primary objective of ABLE is to accelerate the pace of growth of the Biotechnology Industry in India, through partnering with the Government of India in their Biotechnology initiatives to deliver optimal policies and create a positive regulatory environment, encouraging entrepreneurship and investment in the sector, providing a platform for domestic and overseas companies to explore collaborations and partnerships, forging stronger links between academia and industry and showcasing the strengths of the Indian biotech sector. ABLE thus catalyses a symbiotic interface between the industry, the government, academic and research institutes and domestic and international investors.

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