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Mexican & Jamaican Biotech Companies to Sign Cooperation Agreement

Mexican & Jamaican Biotech Companies to Sign Cooperation Agreement

Posted by Shanelle Weir on January 22, 2015

Ministry of Industry, Investment and Commerce Anthony Hylton will be special guest at today's signing of a memorandum of understanding (MOU) between Jamaica's pioneering Bio-Tech R&D Institute and Mexican firm TruBios1 to cooperate on the development of bio biomedicines.

Signatories to the MOU will be Dr Henry Lowe, head of Jamaica's Bio-Tech R&D Institute, and Dr Robert Trujillo, president and CEO of TruBios1, an internationally renowned and innovative researcher in the fields of biomedicine and biotechnology.

TruBios1 has done extensive work in Latin America, promoting biomedical research and biotechnology, while the BioTech R&D Institute (BTI) has been a pioneer and innovator in research and product development using indigenous medicinal plants as raw material in Jamaica.

BTI has been conducting specific research and developing products, mainly nutraceuticals, aimed at prevention and/or the management of lifestyle diseases such as diabetes, hypertension and some types of cancer.

Mexican-born Dr Trujillo is an internationally renowned and innovative researcher in the fields of biomedicine and biotechnology.

"We have identified areas of opportunities where the two biotechnology companies can collaborate and partner to boost research, innovation and the provision of quality services to combat lifestyle diseases such as cancer in Jamaica and the wider Latin American and Caribbean region," said Dr Lowe.

Since its inception in 2010, BTI has manufactured a line of nine nutraceutical products and five medicinal teas and tea blends based on extensive research. The institute was founded by Dr Lowe and a team of scientists, and has primarily focused on researching and developing commercialised pharmaceuticals and nutraceuticals from indigenous plants.

The signing will take place at the Eden Gardens Wellness Resort & Spa in Kingston.

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