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25 July 2014
Marchmount Innovation News
Russia has every opportunity to join the global leaders in nanotechnology by 2020, asserted Anatoly Chubais, the president of Rusnano, Russia’s largest nanotech company, at the opening ceremony for Rusnano’s new nanotech center in Dubna outside Moscow.
As Newsru.com reports , to join the leaders, Russia, in Mr. Chubais’ opinion, must have a 2.5-3% share of the global market that he emphasized “is worth hundreds of billions and even trillions of dollars.”
He reckons that the goal will be achieved, “if today’s momentum isn’t lost in Russia, if a wrench isn’t thrown in the works so often, and if we put aside the preconceived idea that each good cause should be penalized.”
“According to estimates by international analysts, Russia has made a leap forward in this field lately. We used to be nowhere and nobody here,” Mr. Chubais underscored.
The new nanotech center in Dubna, one of the well-known Russian ‘science cities,’ is Rusnano’s eighth in its growing network of such hubs and will serve as “a fabrication site to produce start-ups,” as Mr. Chubais put it. It is a $57m project, with Rusnano itself kicking in more than $30m.
According to the Rusnano president, the Russian-wide network of centers is nurturing more than 250 various start-ups now. “Of course, not all of them will survive and not all of them will grow into another Apple or Google. But that’s the kind of environment in which real Apple and Google were born,” Mr. Chubais concluded.
The RMI group has completed sertain projects
The RMI Group has exited from the capital of portfolio companies:
Marinus Pharmaceuticals, Inc.,
Syndax Pharmaceuticals, Inc.,
Atea Pharmaceuticals, Inc.