Communiques
Package of Incentives
For those firms which have obtained a Premium Investment Certificate/Investment Certificate from EDB will, where applicable, be entitled to the following package of incentives: 8 years’ corporate tax exemption VAT exemption Duty exemption Registration duty exemption Land conversion tax exemption
Colour coding for Biotechnology
Biotechnology (BT) classifications by colours Red Biopharmaceutics, Biomedicine, Diagnostics Green Agricultural Biotechnology, Biofertilizers, Bioenergetics (Biofuels) Blue Aquaculture, Coastal and Marine Biotechnology Grey Environmental (Ecological) BT Yellow Food Biotechnology, Nutrition Science White Industrial Biotechnology (engineering enzymes etc for use) Violet Patents, Publications, Inventions, IPR, (Legal, Ethical and philosophical issues) Gold Bioinformatics, Nanobiotechnologies Black Bioterrorism, Biowarfare, Biocriminology, …
Biotechnology Explained
“Any technological application that uses biological systems, living organisms or parts of them to make or modify new products or processes with specific uses” (According to UN Convention on Biological Diversity) Historical examples : Use of yeast in fermentation processes for bread making, beer brewing and cheese production It is possible to classify the Biotech …
Amendments to the Pharmacy Act
In the Finance (Miscellaneous ) Act 2023, the Pharmacy Act has been amended to – facilitate registration of locally manufactured products under a technology transfer agreement with good manufacturing practices of the World Health Organization; and disallow a public body, under the Public Procurement Act, to exclude locally manufactured product duly registered with the Pharmacy …
EDB Guidelines regarding issue of Investment Certificate
The EDB Act is empowered to issue an Investment Certificate and a Premium Investment Certificate. Depending on the Economic Activity, the Investment Certificate confers a set of incentives while the Premium Investment Certificate is issued according to requested incentives by the promoter and as may be approved. The certificates are only issued after submission of …
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Recommendations of the Technical Committee on Biotechnology and Pharma Manufacturing Industry
In 2022, a Technical Committee was set up, under the chairmanship of the Financial Secretary, to submit recommendations for the development of hi-tech pharmaceutical industry in Mauritius to a Ministerial Committee chaired by the Hon. Prime Minister. The 5 main recommendations of the Technical Committee are as follows : First, to devise a new legislative …
Budget Measures Announced
Budget Speech 2020/21 Facilitating emergence of New Sectors: Cote D’Or Data Technology Park Pharmaceutical Industry (in context of COVID-19 pandemic) Priority investment in the Manufacturing of Pharmaceutical products, Medical Devices, Personal Protective Equipment through PPP Incentives to setting up of Medical R&D centres & CROs Biotechnology and Pharmaceutical Manufacturing Industry: Incentives to purchase land and …
Roadmap as chartered out by EU Consultants
The EU Consultants have chart the following Roadmap for the MIBL into 3 periods namely, short term, medium term and long term. A. Short Term (1 to 2 Years) Aiming to generate an ecosystem that creates trust and ensures the sustainable existence of the Mauritian biopharmaceutical industry. The Mauritian Biopharma Industry Model (Hub or Ecosystem). …
Communique Item
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