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  Sandy Riedel    Premium Member   Group moderator   Ambassador

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  Re^14: Wellcome Trust sets up £45M scheme with India’s Department of Biotechnology

  Hello Everyone,
  
  A £45 million partnership has been forged between the UK charity the Wellcome Trust and the Department of Biotechnology in India to support the development of new healthcare products in India.
  
  The agreement builds on an existing five year, £80 million alliance between the two, which seeks to strengthen Indian biomedical sciences through a series of fellowship programmes.
  
  This deal was announced during a high profile trade mission to India, led by the UK Prime Minister David Cameron. Other collaborations announced during the trip included a £4 million R&D agreement between the medical research councils of the two countries and the signing of a letter of intent by the London Stock Exchange and India’s National Stock Exchange under which they agreed to evaluate joint strategic business opportunities and to co-operate more closely in the future. This will include an evaluation of whether to allow access to each other’s market, as and when regulatory frameworks permit.
  
  Link: http://bulletin.sciencebusiness.net/ebulletins/showissue.php...
  
  Regards,
  Sandy Riedel
  Director of Operations
  GoSecure Inc.
  http://www.gosecure.com
  
  • 06 Aug 2010, 3:53 pm
  Sandy Riedel wrote: > Hello Everyone, > > A £45 million partnership has been forged between the UK charity the > Wellcome Trust and the Department of Biotechnology in India to > support the development of new healthcare products in India. > > The agreement builds on an existing five year, £80 million alliance > between the two, which seeks to strengthen Indian biomedical sciences > through a series of fellowship programmes. > > This deal was announced during a high profile trade mission to India, > led by the UK Prime Minister David Cameron. Other collaborations > announced during the trip included a £4 million R&D agreement between > the medical research councils of the two countries and the signing of > a letter of intent by the London Stock Exchange and India’s National > Stock Exchange under which they agreed to evaluate joint strategic > business opportunities and to co-operate more closely in the future. > This will include an evaluation of whether to allow access to each > other’s market, as and when regulatory frameworks permit. > > Link: > http://bulletin.sciencebusiness.net/ebulletins/showissue.php3?page=/54 > 8/art/19167&ch=1 > > Regards, > Sandy Riedel > Director of Operations > GoSecure Inc. > http://www.gosecure.com

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