Trading on traditional medicines: developing countries could exploit traditional medicine to kick-start biotech, but only if their products measure up to the demands of Western regulators
Article Abstract:
The developing countries could start their biotech industries by transforming local medicinal knowledge into biotech medicines, but the success of these medicines will depend on their ability to meet the demands of the Western regulators, as it was seen that some of these medicines have failed, as they were not able to clear the requirements of the US regulatory system. Many Western executives feel that combining scientific rigor and the study of traditional medicines will assist in promoting natural healing.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2004
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Chile launches policy to boost biotech
Article Abstract:
Chile's national policy called 'Biotechnology as a tool for development and wellbeing' that was announced by Alvaro Diaz, deputy economy minister to boost the country's biotechnology is reported. In May 2004, the government of Chile will introduce the biotechnology framework law to the parliament to achieve the goals of the policy.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2004
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New biotech hubs may emerge as industry matures
Article Abstract:
US biotechnology companies are prompted to reduce the operating costs and launch facilities in smaller cities than in traditional biotech hubs. Small biotechnology hubs would rapidly emerge as states like Minnesota and Georgia are inspired to generate larger number of skilled workers.
Publication Name: Nature Biotechnology
Subject: Business
ISSN: 1087-0156
Year: 2003
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