Cuban biopharmaceutical industry introduces business opportunities in Japan

HAVANA, Oct 23 (ACN) The First Cuba-Japan Business Forum on Biotechnology and Pharmaceuticals was held today at the Cuban Embassy to that Asian country, with the presence of Vice President of the Council of Ministers Roberto Morales, and a broad representation of Japanese companies and Cuban experts.

Morales emphasized that Cuba, despite the great economic limitations and the blockade imposed by the US government, is committed to boost biotechnology and pharmaceutical industry as an important sector for the health of the people and national development.
Normando Iznaga, commercial and business director of the Biocubafarma group, made a presentation on the Cuban biotechnology and pharmaceutical industry, its opportunities and business models.
For his part, Ricardo Silva, representative of Biocubafarma in Asia, referred to the work experiences in the region and the business models implemented, and gave examples of projects that have been successfully developed, such as associations for the creation of joint ventures.
Tadashi Minemura, director of Global Strategy for Latin America and the Caribbean of the Japan Foreign Trade Agency, concluded the Forum by drawing attention to the progress of biotechnology in Cuba and the potentialities of joint work between institutions and companies from both countries.