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This item was published during the term of a previous administration that ended in April 2007

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Eastern promise for biotech sector

24/10/2003

There is a real interest and enthusiasm in Japan for the Scottish approach to biotechnology, Deputy First Minister Jim Wallace said today.

Mr Wallace was meeting Fujisawa Pharmaceutical and Mitsubishi Pharma during his week-long visit to the Far East. The companies have joint research projects with Edinburgh University, and Glasgow University and Strathclyde University respectively.

He said:

"Scotland's biotechnology sector has made remarkable strides in recent years. Scottish biotech is diverse, ranging from medicine and pharmaceuticals to marine bioscience and nanotechnology, and is growing at almost twice the pace of the industry in the rest of Europe - 28% compared to 15% elsewhere.

"The sector is already recognised internationally as a centre of excellence, but a challenge still remains - how to achieve a sustainable industry base and a complement of highly successful, flagship companies. Strengthening the industry's international networks is a key factor in bringing this about.

"Today I've discussed two excellent initiatives which show business and higher education working together, and the importance of collaboration in the successful commercialisation of research.

"Fujisawa and the Department of Pharmacology at Edinburgh University have been working together since 1989, and their collaboration has seen the establishment of the Fujisawa Institute of Neuroscience at Edinburgh (FINE). FINE focuses on research into disorders of the central nervous system. The Yoshitomi Research Institute into Neuroscience in Glasgow is a collaboration between Misubishi Pharma and the Universities of Glasgow and Strathclyde which aims to discover and evaluate new drugs for the treatment of schizophrenia.
"Scotland's world class reputation has been confirmed to me not only in today's meetings but in others I've had this week. There is clearly a real appetite within the Japanese pharma sector to develop this collaboration further, and significant interest in the concept of our Intermediary Technology Institutes (ITIs).

Mr Wallace continued:

"We want Scottish biotech to build on its reputation and take advantage of worldwide opportunities. Links with Japan are already good, but Scotland has still to realise the full potential of the Japanese market. The sector and the Scottish economy will reap the rewards - in increasing employment and exports, and in the transfer of skills and knowledge.

"Outreach activity is also crucial for future succes. Scotland is the destination for next year's BioEquity Europe conference. Hosted by Scottish Enterprise, this will be the largest single gathering of bioscience funding bodies in Europe. This is the first time the event has come to the UK and will make Scotland the focus of the global bioscience community."

Scottish Enterprise's Framework for Action report (2003) - measuring progress on the cluster development strategy for biotechnology - shows that there are now over 25,000 people employed in the Scottish biotech industry and over 400 life sciences organisations.

Support for further development of the industry includes the new Life Sciences ITI to be launched later this year - which will help biotech to focus research in areas with global market opportunties - and the existing Proof of Concept Fund which supports commercialisation initiatives.

Page updated: Wednesday, July 21, 2004