According to a news source, Russia intends to increase its participation in the global biotechnology market to a 5 percent share by 2020. Russian companies now apparently hold a 0.2 percent market share. Prime Minister Vladimir Putin reportedly expressed concerns to government ministers and entrepreneurs during an April 1, 2011, meeting that the nation was lagging behind China, India and Brazil. He was quoted as saying, “Our job is to change the situation, to create conditions for formation of [a] powerful biotech sector in Russia.” While the government has injected significant funds into nanotechnology in recent years, Russia’s Deputy Economy Minister Andrei Klepach did not indicate whether that will be matched in the biotech sector. Still, three of the 25 “technology platforms” the government recently approved to provide a framework and coordination for research and funding involve biotechnology. See Reuters, April 1, 2011.