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ELTE, Japanese machine manufacturer sign agreement on pharmaceutical cooperation

The Eotvos Lorand University of Budapest (ELTE) and Japanese machine manufacturer JASCO Corporation have signed an agreement on pharmaceutical development, the university's innovation centre said on Thursday.

Under the agreement, JASCO will use an ELTE-developed method to determine the secondary structure of enzimes, the company said.

Balazs Hanko, the state secretary for innovation and higher education, said the government was aiming to have Hungary among the 10 top innovators of Europe by 2030, and among the top 25 worldwide.

To achieve that goal, Hungary must boost the number of researchers and Hungarian companies’ innovation capabilities, Hanko said. That is only possible in coordination with economic players, he added.

The government launched the Neumann Janos Programme to strengthen postgraduate training and to link universities and economic players, he said. It will strengthen the protection of industrial rights, ease the financing of innovative enterprises, and provide grants to increase the number of postgraduate students, Hanko said.

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