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The Unique U.S.-Russian Relationship in Biological Science and Biotechnology Recent Experience and Future Directions (2013) / Chapter Skim
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Appendix E.3: Skolkovo Foundation and Innovation Center
Pages 217-218

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From page 217...
... The initiative has been financed primarily by the Russian government, which decided to allocate more than $3.2 billion to the activity from 2011 to 2015. The funds are to come largely from the state Bank for Development and Foreign Economic Affairs, Vnesheconombank, with the state's initial commitment fixed at 88.5 billion rubles (ruble-dollar exchange rate in May 2012 was 30-1)
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From page 218...
... . Plans call for a preclinical medicine testing center for cluster residents that should start operating in 2013.
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Key Terms

  • skolkovo foundation
  • matching contributions
  • strategic goal
  • biomedicine cluster
  • initial commitment

  • commitment fixed
  • economic affairs
  • cluster focuses
  • planned goal
  • testing center

  • preclinical medicine
  • foreign economic
  • distributed throughout
  • start operating
  • medical preparations

  • purification methods
  • cluster residents
  • trial technologies
  • chemrar ventures
  • including purification

  • receiving financing
  • production activities
  • biomedical innovations
  • initial stage
  • clinical medicine

  • plans call
  • research agreements
  • centers supporting
  • supporting skolkovo
  • exchange rate


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