In his keynote address at Biotech CEO summit organised by BioSpectrum in Hyderabad, Sibal said as suggested by Mashelkar Committe among other things, a single window clearance would be offered for biotech companies.
"To cross $5 billion mark by 2010, the government is proactive. We are working on a legislation on safeguarding and distributing intellectual property on innovations in joint R&D projects by academic institutions and industry," Sibal said.