Hyderabad: The 15th edition of BioAsia, the annual flagship event of the government of Telangana, kick-started in Hyderabad on Thursday. The event which will deliberate on identifying the next big opportunity in the lifesciences, pharmaceutical and medical devices space in the rapidly changing technological space. About 1,500 delegates from 55 countries will participate in the three-day event that will see speeches from 100 global leaders.
The event is being organised by the Telangana government in partnership with IDA Ireland as partner nation and Assam and Gujarat as partner State. Over 100 exhibitors will be showcasing their capabilities of which 30 are startups.
BioAsia in the last 14 years has seen 200 memorandum of understanding being signed and has generated projects worth $2.5 billion.
Speaking at the event, Telangana IT principal secretary Jayesh Ranjan said, “This platform has given a lot to Hyderabad. A lot of deliberations that happened here have led to many projects becoming a reality. For example the deliberation regarding on Genome Valley and Pharma City all have been conceptualised here and taken shape due to deliberations that have happened here.”
Other dignitaries like Krishna M Ella, founder, Bharat Biotech; Mahima Datla, MD, Biological E; Naveen Gullapalli, head, Novartis Hyderabad; Madan Mohan Reddy, director, Aurobindo Pharma and many others spoke at the inaugural of the event.
Genome Valley award
Genome Valley Excellence Award was presented to Professor Michael N Hall. A veteran expert from Biozentrum University of Basel, Switzerland, Professor Michael N Hall has been bestowed with 2018 Genome Valley Excellence Award for his pioneering work in discovering the nutrient-activated TOR (Target of Rapamycin) proteins and their central role in the metabolic control of cell growth. The award was presented by Telangana IT Minister K T Rama Rao.