Thursday, June 11, 2009

Quotes

I saw this quote last weekend at Stamford house, Eagle Art Gallery:

The heroes of our generation are not people endowed with supernatural abilities when they are born, but ordinary people with the will and determination to rise above each challenge…

I also like this quote. I forgot where I saw it this week

"If we discover that we had only five minutes left to say all that we wanted to say, every telephone booth would be occupied by people calling other people to stammer that they loved them"

Christopher morley

I also saw this quote provided as an MSN personal message by a female friend whom I admired.

"Mind over matter: don’t mind and it wun’t matter"


I like such meaningful quotes.. =)

Singapore is developing into an innovation hub

I'm back! I have decided to resume my musing on this blog because I think it can be theraputic to express my thoughts by blogging...otherwise, I may suffer an internal injury and cough out blood someday =)

I recently spotted an important news. GSK is creating vaccines from its $600 million plant in Singapore. I am certain that EDB provided some incentives to lure GSK to set up this plant in Singapore. That got me thinking about the effects of this investment

The plant will generate millions of dollars for Singapore's GDP and further diversify Singapore's economic sources. We will continue to see expansions in biomedical manufacturing, aerospace manufacturing and info-media productions. This will make us less volatile in times of recession as we will have more 'engines'to power us ahead rather than rely on the economy-cycle-sensitive financial hub, electronics manufacturing or property development.

The plant will need to recruit top biomedical researchers and scientists to produce high quality drugs and vaccines. Those who studied in the field of bio-medical will be highly sought after in the next decade.

The duration for patent protection for drugs is 25 years. We will expect more pharmaceutical patents to be filed in Singapore from increased public and private funded research and increased economic activity and returns. This is going to make local IP patent agents with bio-chemical background multi-millionaires! Under the Patents Act of Singapore, a patent for a local invention has to be filed first in Singapore, before it can be filed overseas, unless written permission is granted by IPOS.