Cyprus/Greece/MaltaCyprusGreeceMalta

“On a par with Malaysia”

29.04.2009

Athens –The 5th International Biotechnology Forum (IGBF5), which is to be held May 8-9 in Athens, boasts appearances by three Nobel Prize winners. Andrew Schally, Richard Roberts and Sir Peter Mansfield will speak at the opening ceremony of the two-day-event, which as the website promises “again brings together the crème de la crème of the BioScientific and BioBusiness world.”
Greece might be at the centre of the European biotechnology world for these two days in May, but for the other 363 days of 2009 it will be anything but – at least not yet, according to Nassos Alevizopoulos, a BioBusiness consultant and Senior Vice President of the US biotech company Regulon Inc.
“Despite some recent signs of activity, Greek biotech is embryonic; say at the level of Malaysia,” says Alevizopoulos. Until 2005, he was the CEO of Bionova, the Greek company that hosts IGBF. Today, there are at least 15 R&D-based biotech companies in Greece, he continued, and to increase international outreach in the looming credit crunch, these companies have recently created HellasBio, a non-profit biotech industry association.
As in Italy, the concept of biotech venture capital (BVC) has just begun to emerge in Greece, but “one HellasBio member leads its market in Europe already, while two other innovative Greek biotechs have also attracted professional European BVC for products that were developed locally,“ Alevizopoulos says. If all goes well, he hopes to see “50 companies in 5-10 years.” To reach this ambitious goal, the Greek business leader aims to exploit his country’s large expatriate bioscientific community in the US and EU, and take advantage of repatriated scientists and executives. Meanwhile, Malaysia is not idle. At the BioEurope Spring conference in Milan, the flashiest booth belonged to South-East Asia – not South-East Europe.

Cyprus/Greece/MaltaCyprusGreeceMalta

26.11.2005

Nicosia - A rare medical condition has been found to be nine times more prevalent in Cypriots living in Paphos than in the rest of Cyprus or the European Union. Results of research carried out by the Neurology and Genetic...

Cyprus/Greece/MaltaCyprusGreeceMalta

26.11.2005

Brussels - The European Union's Agricultural Council has failed to reach a qualified majority for rejecting or upholding the Greek ban on genetically modified (GM) maize Mon 810. EuropaBio, the organization representing Europe's...

Cyprus/Greece/MaltaCyprusGreeceMalta

28.09.2005

Nicosia - US-based Genaissance Pharmaceuticals Inc. announced in September that it will provide its high-throughput genotyping services to Cyprus' Biotronics Ltd. Biotronics has been awarded a contract by the Veterinary Services...

Cyprus/Greece/MaltaCyprusGreeceMalta

12.08.2005

Athens - The Greek government announced in August a collaborative agreement between its contractor Antisel A. Selidis and US-based Genaissance Pharmaceuticals in the field of scrapie genotyping.Under the terms of the agreement,...

Cyprus/Greece/MaltaCyprusGreeceMalta

12.08.2005

La Valetta - After a broad discussion process Malta's Social Affairs Committee has presented a draft regulation on biotechnology and assisted reproduction to the parliament in July.According to the proposals the fertilised ovum...

Cyprus/Greece/MaltaCyprusGreeceMalta

10.07.2005

La Valletta - Synergene Biotechnology Group, a Malta-based biotech company, in line with its expansion programme has recently appointed several new members to the board of directors of Synergene Technologies Limited. The new...

Cyprus/Greece/MaltaCyprusGreeceMalta

10.07.2005

Valletta - In mid-June the Social Affairs Committee of the House of Representatives has ended its consultation process regarding the use of biotechnology in Malta. The Committee is currently discussing a report compiled by the...

Cyprus/Greece/MaltaCyprusGreeceMalta

10.05.2005

Athens - Greece supports the development of biotechnology but is wary of its side effects, Greek Development Minister Dimitris Sioufas said during the first national Greek biotechnology and food technology conference held on...

Cyprus/Greece/MaltaCyprusGreeceMalta

10.05.2005

Athens/Lugano - Helsinn Healthcare S.A., a Swiss pharmaceutical group, and Galenica, a Greek pharmaceutical company, announced recently the signing of an agreement granting Galenica the exclusive licence and distribution rights...

Cyprus/Greece/MaltaCyprusGreeceMalta

10.05.2005

Nicosia - Delivering the promise of nanotechnology to society for much-awaited products and jobs, hinges critically on transferring manufacturing technology to industrial production. For this purpose, the University of Cyprus...

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