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Andhra Pradesh
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Hyderabad
Special Correspondent
BT REVOLUTION: Chief Minister Y. S. Rajasekhara Reddy presenting the citation of Genome Valley Award to G. Padmanaban, former Director of IISC (Bangalore) in Hyderabad on Thursday. Minister for Tourism Geeta Reddy is also seen. PHOTO: K. RAM ESH BABU
HYDERABAD: Chief Minister Y. S. Rajasekhara Reddy on Thursday said that the State Government was developing the third phase of Genome Valley in Hyderabad over an area of 300 acres. Inaugurating BioAsia-2007, a three-day global biotech conference here, Dr. Reddy said that the Government was carving out Andhra Pradesh Biotechnology Department (APBT) by separating it from the Department of Industries. A biotech incubation centre would be set up in SP Biotech Park, which would be supported with technical inputs by Indian Institute of Chemical Technology. An international animal research facility in collaboration with the Indian Council for Medical Research (ICMR) and National Institute of Nutrition would be set up in the Genome Valley in an area of 100 acres, which was already earmarked for the purpose, the Chief Minister said. Drug companies could conduct their pre-clinical research in the Genome Valley.
R&D facilities
Some 50 biotech companies were supported by the State Government in the last one year for establishing their R&D facilities in the Genome Valley. The investment was expected to be to the tune of Rs 200 crores and over 1,000 people could get employment in the next five years there, he said. A marine biotech park was being developed in Visakhapatnam in an area of 218 acres for conducting research on marine products, marine foods, etc in association with Andhra University, he pointed out. The Chief Minister presented the `Genome Valley Excellence Award-2007' to G. Padmanaban, former director of Indian Institute of Science (IISc), Bangalore. Responding, Prof. Padmanaban said: "India missed industrial revolution. It should not miss BT revolution." He termed the discovery of the cost-effective Hepatitis-B vaccine by Shantha Biotech as the seed crystal for BT revolution in Hyderabad. Minister for Tourism J. Geeta Reddy, Vice-Chancellor of Hyderabad Central University Seyed Hasnain, Switzerland's Ambassador to India Dominique Dreyer also participated.
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