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Our History |
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BioPAD is a Biotechnology Regional Innovation Centre established by the Department of Science and Technology (DST). The centre was initiated in 2002 by a group of interested biotechnology stakeholders with the aim of boosting biotechnology development in the region. At the core of BioPAD’s objectives was the implementation of the National Biotechnology Strategy of South Africa. The centre is governed as a Trust.
In 2002 the DST approved BioPAD’s first business plan and subsequently the first CEO of BioPAD Mr. Butana Mboniswa was appointed.
In 2003, 13 multi-institutional projects, amounting to R45million, were selected and approved. These projects were in the areas of animal health and production, industrial, mining and environmental biotechnology.
In 2004 BioPAD expanded its areas of operations to include Human Health and Bio-processing.
By the end of 2006 BioPAD’s investments in research projects and private companies were approaching R200 million.
During 2007, BioPAD will continue to identify near commercialization opportunities, particularly in the areas of Animal Health and Production. Further value addition will be provided to our investee companies moving into the future.
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