Israeli`s life sciences ind to partner with India

Israeli`s multi-billion innovative life sciences industry is exploring possibilities for co-development, licensing and manufacturing of their patented products here and make India a launching pad for export of their products.

Updated: Jul 29, 2010, 18:10 PM IST

Mumbai: Israeli`s multi-billion innovative
life sciences industry is exploring possibilities for co-
development, licensing and manufacturing of their patented
products here and make India a launching pad for export of
their products to other Asian countries.

"We are here on an exploratory trip to find business
partners in life sciences industry as well as in multi-
disciplinary hospitals for co-development, licensing and
manufacturing of our patented products in India," David Furst,
Director (EuroAsia), Skyquest Technology Group said.

Skyquest is a global technology transfer company and an
advisor to life sciences industry of Israel. The multi-
national firm, whose Indian office is located in Ahmedabad,
has 58 patented technologies.

"We are also looking for Indian investors so that we
could build a consortium for making life sciences products
more accessible and affordable to the people of Asia and other
countries," he said.

Furst is here on a two-day visit with a delegation of
representatives of his country`s life sciences industry. He
was speaking at an interactive session here. Nine companies
are part of the delegation.

Since India and China are untapped markets for Israel`s
products, "we want to give chance to our young life science
industry to explore opportunities with Indian partners-- both
industry and hospitals," Furst said.

PTI