India poised to become biotech hub: Israel’s Yigal Erlich

New Delhi, September 24, 2016: “India is poised to become a major biotechnology hub in the world and sustained support is crucial…and there is a lot that Israel and India can learn from each other,” Yigal Erlich, Founder, Israel’s Yozma Group, said in his keynote address to an innovators’ meet organised here by the Biotechnology Industry Research Assistance Council (BIRAC), a public sector undertaking.

Erlich, who is here for BIRAC’s two-day event, which was inaugurated by S&T Minister Harsh Vardhan, later met Vijay Raghavan, Secretary, Department of Biotechnology, Ashutosh Sharma, Secretary, Department of Science and Technolog among others and “deliberated on the emerging landscape of private venture funding in the country, especially in the life sciences arena,” an official release said.

A founding father of the Israeli venture capital industry and one of the prominent figures in the Israeli high-tech arena, he also interacted with investors.