FICCI for infrastructure to tackle outbreaks
FICCI says it is considering setting up worldclass clinical labs and developing necessary infrastructure for research to tackle any SARS-like outbreaks.india Updated: May 02, 2003 18:13 IST
FICCI said on Friday it was considering setting up worldclass clinical testing labs and developing necessary infrastructure for research and development to tackle any SARS-like outbreaks.
"We will soon meet the Health Minister on the issue of setting up clinical testing labs once we bring together the entire range of public and private stakeholders who would form the nucleus for the initiatives," secretary general of FICCI Amit Mitra told reporters.
"The country has vast business potential in the area of clinical testing labs which still remain unexplored. India is competent and will definitely emerge to be price competitive. Yet we do not have the facilities," Mitra said.
"Why can't India be the first one to identify or break DNAs?"
He said FICCI was looking for tie-ups with international companies for the labs and also for the delivery process which again was a major business opportunity area.
FICCI is presently preparing the research base for the project and final decision was expected by September-October this year.
The objective would be to handle any outbreak in the future and also tap the business potential, Mitra said.
FICCI is already working on developing AIDS vaccine as part of its tie-up with International Aids Vaccine Initiative.
First Published: May 02, 2003 18:13 IST