Thai company inks biopharmaceutical technology pact with Cuban firm

Thai company inks biopharmaceutical technology pact with Cuban firm
April 29, 2014 5:03 pm

Thailand's first biopharmaceutical company on Tuesday signed a
technology transfer pact with Cuba's Center of Molecular Immunology to
produce drugs to treat cancer and autoimmune diseases.

The agreement was signed between the Siam Bioscience Company and the
Cuban centre, set up in 1994 to research and manufacture "off-patent
biopharmaceuticals."

The specialised medical field uses genetic engineering to produce new
medicines, most of which remain inaccessible to developing countries
because of their high production costs.

"In Cuba we made the first steps in biotechnology early in the
'80s,under the direct leadership of President Fidel Castro," said
Agustin Lage Devila, director general of the Center of Molecular Immunology.

"However, no country can face this enormous challenge alone," he said.
"International cooperation is needed, especially joint projects among
developing countries."

In Thailand, the centre agreed to make Siam Bioscience its contract
manufacturer of biopharmaceuticals to treat lymphoma, breast cancer and
autoimmune diseases, which include arthritis and multiple sclerosis.

DPA


Source: Thai company inks biopharmaceutical technology pact with Cuban
firm - The Nation -
http://www.nationmultimedia.com/breakingnews/Thai-company-inks-biopharmaceutical-technology-pac-30232519.html