Biotech Updates

Program of Complex Development of Biotechnology in Russia 2012-2020 Signed

May 4, 2012

The Russian government has recently put in place the "Complex Program of Biotechnology Development in Russia (2012 – 2020)" with the signing of Russian Prime Minister Vladimir Putin. The Program aims to put Russia in the leading position in biotechnology and to make the country globally competitive in bioeconomy, nanotechnology and information technology.

The program shall be implemented  successively in two phases: 2012-2015 and 2016-2020, and will require a total of 1.18 trillion rubles (USD40 billion). The Russian Federation will develop plant varieties and hybrids which are resistant to drought, diseases, herbicides, pests, and adverse environmental conditions using post-genomic technologies (methods of breeding based on the use of molecular markers) and genetic engineering.

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