Flanders Investment & Trade Named International Regional Partner for BioAsia 2024 to Boost Indo-Belgian Lifesciences Trade

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Bio Asia 2024
Bio Asia 2024

HYDERABAD: BioAsia, the annual flagship event of the Government of Telangana, has announced Flanders Investment & Trade (FIT) as the International Regional Partner for the 21st edition of the marquee healthcare and life sciences event. Flanders’ Lifesciences & Health sector is one of the focus sectors for the region, and it stands first within the European Union for clinical trial procedure speed and biotech market capitalization.

The partnership between Flanders and BioAsia/Telangana aims to create an environment that nurtures innovation and accelerates the development of breakthrough technologies. The exchange of knowledge and facilitating collaborative research initiatives, joint projects, and knowledge-sharing platforms will contribute to the growth of the respective life sciences sectors and position Telangana and Flanders as global leaders in scientific research and innovation.

FIT will bring a key delegation of senior officials from Flanders and participate in multiple B2B, G2B, and other meetings during BioAsia 2024. The partnership has already taken multiple actions to promote trade tie-ups between both regions, including forming a task force with members including industry, academia, and government from both sides to discuss and implement the partnership.

The partnership will open avenues for collaborative investments, joint ventures, and the establishment of research and development centers. By pooling resources and expertise, both regions can amplify their impact and contribute to global advancements in healthcare, biotechnology, and pharmaceuticals.

While announcing Flanders Investment & Trade as the International Regional Partner, D Sridhar Babu, Hon’ble Minister for Industries and IT, Government of Telangana said, “While Telangana has emerged as a thriving hub for the life sciences industry, boasting a robust ecosystem that spans pharmaceuticals, biotechnology, and medical research, Flanders, with its rich history in scientific research and technological innovation, complements our strengths and offers a wealth of expertise. I am excited to see Flanders’ deep interest in strengthening ties with BioAsia and Telangana. With the exchange of knowledge and facilitating collaborative research initiatives, joint projects, and knowledge-sharing platforms, we aim to create an environment that nurtures innovation and accelerates the development of breakthrough technologies. This exchange will not only contribute to the growth of our respective life sciences sectors but also position Telangana and Flanders as global leaders in scientific research and innovation.”

Commenting on the partnership, Jayesh Ranjan, Principal Secretary of the Industries & Commerce and Information Technology, Govt of Telangana said, “This partnership will open avenues for collaborative investments, joint ventures, and the establishment of research and development centers. By pooling our resources and expertise, we can amplify our impact and contribute to global advancements in healthcare, biotechnology, and pharmaceuticals. I am confident that BioAsia 2024 will not only create new economic opportunities for businesses in both regions but also foster a culture of collaboration and knowledge exchange that will benefit the global scientific community.”

“This long-term collaboration has immense potential for both Telangana and Flanders, and I would like to express our gratitude for the pivotal role played by BioAsia in developing a collaborative ecosystem that has seen actions for our mutual growth. Over the past twelve months, we have witnessed the tangible exchanges of our partnership, with both Flanders and Telangana actively contributing to the flourishing life sciences industry. The collaboration has not only strengthened economic ties but has also fostered a culture of innovation and knowledge exchange. We are proud to witness the progressive impact of our partnership with Telangana. BioAsia’s efforts in organizing forums, conferences, and networking events have provided a platform for businesses, researchers, and policymakers from both regions to come together, share insights, and explore collaborative opportunities.” said Jayant Nadiger – Trade & Investment Commissioner of Flanders, Belgium for South India

“BioAsia 2024 will attract the participation of globally eminent leaders from over 50 countries. Having Flanders, Belgium as an International Regional Partner will help accelerate connecting businesses and budding enterprises through platforms like the BioAsia forum. This partnership is a testimony of two similar regions with a similar ecosystem coming together, increasing connectivity, and paving a path for tomorrow that’s driven by robust research, innovation, and excellence,” said Shakthi Nagappan, Director of Life Sciences and Pharma, Govt of Telangana and CEO – BioAsia.

BioAsia 2024, with the theme of “Data & AI: Redefining Possibilities,” is set to be held between 26th to 28th February 2024 in Hyderabad. Over the three days, prominent industry leaders, distinguished scientists, researchers, and entrepreneurs will come together to discuss humanizing healthcare and hold constructive discussions on how cross-sectional ecosystems can be integrated, how disruptive technologies can be best utilized, and how we can drive quality healthcare with accessibility and affordability at the forefront shortly.

In conclusion, the partnership between Flanders and BioAsia/Telangana has immense potential for both regions, and it will create new economic opportunities for businesses in both regions while fostering a culture of collaboration and knowledge exchange that will benefit the global scientific community.

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