BANGKOK, 28 September 2017 (NNT)

The Board of Investment of Thailand (BOI) has pledged to support investment in biopharmaceuticals and joined hands with Mahidol University to transfer manufacturing knowledge and technology. 

Deputy BOI Secretary-General Duangjai Asawachintachit said the BOI had agreed to support Abinis Company Limited, a Thai biopharmaceuticals firm which is seeking to manufacture monoclonal antibody from animal cells to treat certain types of cancer and lupus. 

The manufacturing of monoclonal antibody has never been performed in Thailand while the new type of biopharmaceutical for cancer and lupus treatment is considered a new invention which may only affect targeted cells while minimizing the effect on other healthy parts of the body, he said. 

The project includes research and development on a new biopharmaceutical material for lupus treatment which allows the patients to inject the medicine by themselves without visiting hospitals. 

The BOI had concluded that the project will be a breakthrough in Thailand's pharmaceutical industry, improving access to biopharmaceutical materials among patients, upgrading the manufacturing technology, and improving the country's competitiveness by cutting down the import and boosting the export of biopharmaceuticals in the future. 

Abinis Company Limited is a firm partially owned by Siam Bioscience in cooperation with CIMAB S.A. under the supervision of the Cuban government.

Source: National News Bureau of Thailand

Illustration Photo: Thai Researcher, an ASEAN-U.S. Science & Technology Fellow (credits: Montakan Tanchaisawat, USAID / Flickr Creative Commons Attribution-NonCommercial 2.0 Generic (CC BY-NC 2.0))


No comments to display.

Related posts

Environment and Big Data: Role in Smart Cities of India

This study identifies six environmental factors, which should be integrated in the development of smart cities. These environmental factors include indicators of landscape and geography, climate, atmospheric pollution, water resources, energy resources, and urban green space as a major component of the environment.

Corteva Agriscience and IRRI Ink Partnership to Develop Advanced Rice Technologies and Programs

The partnership seeks to improve the genetic outcomes of breeding programs, encourage sustainable rice cultivation, and develop new rice varieties which deliver higher yields and are more resilient against biotic and abiotic stresses.

Call for Applications: Communication projects which mitigate anthropogenic climate change

The Minor Foundation for Major Challenges (MFMC) is inviting applications from all over the world to fund communication projects which mitigate anthropogenic climate change.
Application Deadline in a month
11 minutes ago

EU's Call for Proposals: Digital technologies for improved performance in cognitive production plants

Proposals need to develop new technologies to realise cognitive production plants, with improved efficiency and sustainability, by use of smart and networked sensor technologies, intelligent handling and online evaluation of various forms of data streams as well as new methods for self-organizing processes and process chains.
Application Deadline in 4 months

Study reveals best use of wildflowers to benefit crops on farms

For the first time, a Cornell University study of strawberry crops on New York farms tested this theory and found that wildflower strips on farms added pollinators when the farm lay within a "Goldilocks zone," where 25 to 55 percent of the surrounding area contained natural lands.

EU's Call for Proposals: Reinforcing the EU agricultural knowledge base

Activities shall analyse and compare the approaches taken on their performance and impact for farmers/foresters as well as effectivity of the communication and information channels used for dissemination in countries and regions.
Application Deadline in 3 months

The Bali Fintech Agenda: A Blueprint for Successfully Harnessing Fintech’s Opportunities

In response to the Bali Fintech Agenda, the World Bank will focus on using fintech to deepen financial markets, enhance responsible access to financial services, and improve cross-border payments and remittance transfer systems.

EU's Call for Proposals: Sustainable solutions for bio-based plastics on land and sea

Activities shall focus on sustainability strategies and solutions for bio-based productsand support the Plastics Strategy. They shall include innovative product design and business models facilitating efficient reuse and recycling strategies and solutions, including ensuring the safety of recycled materials when used for toys or packaging food stuffs.
Application Deadline in 3 months

EU's Call for Proposals: Startup Europe for Growth and Innovation Radar

Actions should help startups and scaleups achieve market success and mature the innovation excellence of high potential innovators.
Application Deadline in 5 months

Gartner Identifies the Top 10 Strategic Technology Trends for 2019

“The Intelligent Digital Mesh has been a consistent theme for the past two years and continues as a major driver through 2019. Trends under each of these three themes are a key ingredient in driving a continuous innovation process as part of a ContinuousNEXT strategy,” said David Cearley, vice president and Gartner Fellow.