On August 5, the government of the Irkutsk region signed a cooperation agreement with the companies Rosgosstrakh and Baikal – International Technologies. The Baikal Biotechnological Valley, a scientific and technological center, including a biomedical technopark with a business incubator, an educational center, a center for pharmaceutical development and preclinical research, as well as specialized medical institutions, etc., will be created for the development of medicine in the region.
The Baikal Biotechnological Valley will open up new opportunities for investors and give an impetus to the growth of the Irkutsk Oblast economy. Scientists from the Institute of Biology of Irkutsk State University took part in the creation of the project. Support was provided by the Investment Development Agency of the Irkutsk Region.
The Baikal Biotechnological Valley will also provide an opportunity for the development of medical tourism and the creation of modern infrastructure for health-improving recreation on Lake Baikal.