Biotherapeutics research centre inaugurated

Chairman of Manipal Education and Medical Group Ranjan R. Pai said on Friday that globally biotherapeutics is growing fast in the pharma industry today. If the country needs to compete with those deve

Chairman of Manipal Education and Medical Group Ranjan R. Pai said on Friday that globally biotherapeutics is growing fast in the pharma industry today. If the country needs to compete with those developed, there is a need to get deeper in the area of innovative cell therapies for regeneration and cancer treatment, gene therapy, monoclonal antibodies and vaccines.

He was speaking at the inauguration of Manipal Centre for Biotherapeutics Research (MCBR) at Manipal Academy of Higher Education (MAHE) in Manipal.

Dr. Pai said that although biologics produced in the developed countries provide hope for many unmet medical needs, their high costs pose an entry barrier to the developing markets. “I call upon pharma/biopharma companies to reduce the load on their in-house R&D units and focus more on strategic partnerships with high-ranking institutions to manage time and money more efficiently,” he said.