India, Australia sign agreement on biotechnology
Apr 10, 2007 - 9:19:30 PM
New Delhi, April 10 - India and Australia Tuesday signed an agreement to jointly promote biotechnology in both countries.
In the first round, priorities have been fixed on areas like biomedical devices and implants, stem cells, vaccines, medical diagnostics, transgenic crops, and functional foods among others.
India's Department of Biotechnology and Australia's Department of Education Science and Training signed the memorandum of understanding - here and set up the corpus, consisting of six million Australian dollars from Australia with a matching Indian grant over five years, to develop and support collaborative research activities.
A joint committee, comprising senior experts from both sides would oversee the programme.
Minister for Science and Technology Kapil Sibal announced seven new projects and two workshops that will facilitate and support biotechnology research collaboration between India and Australia.
The workshop on stem cells will be hosted by the Australian Stem Cell Centre in Australia on June 12-13.
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