A US$ 3 Billion Plan to Make Brazil Into a World Biotech Leader

A Brazilian consortium has unveiled a multi-billion-dollar strategy aimed at making Brazil a world leader in biotechnology.

The Brazilian Forum of Biotechnology Competitiveness, which includes government agencies, the private sector and academic institutions, announced the plan July 4.

It identifies research areas that have the potential to boost the competitiveness of Brazilian industry, increase Brazil’s participation in global trade, speed up its economic growth, and create jobs.

The overall cost of putting the plan into action will be US$ 3 billion, which will come from the public and private sectors.

Of this, more than US$ 530 million is earmarked for health-related biotechnology, including the production of drugs and vaccines for neglected diseases and cutting-edge research in the fields of genomics, proteomics, nano-biotechnology and stem-cell science.

The plan entails creating new funding mechanisms, training, and improving the infrastructure of research institutions.

"It is from an immediate, intense and integrated effort of government, industry and academia that Brazil will be capable of appearing, in 10-15 years, among the leaders in the biotechnology industry, especially in the areas of human health, farming and cattle raising and industrial biotechnology," says the document.

The plan will be presented to President Luiz Inácio Lula da Silva for approval later this year.

SciDev – www.scidev.net 


You May Also Like

Brazil Will Keep Growing Agricultural Exports to Arabs in 2010

The Middle East and North Africa are included in the action plans of Brazil’s ...

For Months Without Rain Brasília’s Green Turns to Brown

The dry season in central Brazil lasts from April/May to September/ October. The last ...

Brazil’s State Machine Shrinks

The 1990s in Brazil was a decade characterized by privatizations and a shrinking of ...

Despite Indians and Greens Opposition Brazil Goes Ahead with Amazon Dam

The Brazilian government has given the go-ahead to a controversial project to build a ...

August Food Prices Jump 0.76% in Brazil

Brazil’s Consumer Price Index (INPC) rose 0.5% in August, compared to 0.73% in July, reports ...

Skin and Breast Cancers Are the Prevalent Kind of Cancer in Brazil

Brazil expects to have over 470 thousand new cases of cancer in 2006. This ...

French Musician Emmanuel Joremi Gressez

French Musician Murdered in Brazil While on Tour with His Band

The same day three Brazilian men accused of knifing to death three French nationals ...

Brazilian dinner

Brazil’s Worst Poverty Is the Lack of Smarts and Feelings

The federal government has distributed posters announcing that in the past few years the ...

Brazil Fund Starts Process to Become Open-End Investment Firm

The Brazil Fund, Inc. announced that its board of directors approved the conversion of ...

Sea & Soul

Bahia is much more than Salvador. You have Itaparica and several other smaller islands, ...