Quad Cooperation in Biotechnology
Quad Cooperation in Biotechnology
- In 2021, the Quad set up a Critical and Emerging Technology Working Group to facilitate cooperation related to developments in critical and emerging technologies, including biotechnology.
- It uses living systems, particularly microorganisms and cell cultures, to produce molecules and materials on a commercial scale.
- “The National Biotechnology Development Strategy” sets a target of $100 billion for the hub, it is important to recognize that India’s ambitions require external support.
- A scheme on the line the PLI scheme allocated $2 billion to the pharmaceutical sector to make biopharmaceuticals, APIs, etc.
- Through cross-Quad collaboration, India may emerge as a major force in the field of biomanufacturing and assist the Quad in competing in this key area.
For more updates on current affairs in hindi like these Follow ExamsKona.com