The eighth edition of Bio Asia conference recorded the highest
number of participation from 38 countries for the first time with India
getting a major share of focus
![](/IMG/173/45173/inaugurationoftheevent.jpg)
Dr J Geeta Reddy, Minister for Major Industries, Sugar, Commerce and
Export Promotion of Andhra Pradesh presenting the Genome Valley
Excellence Award to Dr Anji Reddy, chairman, Dr Reddy's Laboratories;
while (L-R) Dr Roger Williams, CEO, USP; Dr Jun Yu, associate director,
Beijing Institute of Genomics; Dr Abbas S Lofti, director general,
NIGEB, Republic of Iran; and Prof Seyed E Hasnaian, chairman, AP
Biotech Advisory Council, look on.
Bio Asia 2011 was inaugurated by Dr Geetha Reddy, Minister for Major
Industries, Sugar, Commerce and Export Promotion, Andhra Pradesh. The
minister also launched four main projects such as Lonza R&D and
manufacturing facilities; Sri Bio Integrated Discovery Center, a unit
for stem cell banking and research from Pacific Hospitals; Tran-Scell
Biologics; and Lepakshi Knowledge Hub.
About 400 business meetings were organized as part of the event and
over 1,500 people visited the exhibition center. This year, the Genome
Valley Excellence Awards were presented to Dr Anji Reddy, chairman, Dr
Reddy's Laboratories, for his contribution to the life sciences
industry; and the Beijing Institute of Genomics, Chinese Academy of
Sciences, China, for its exemplary work and contributions in the field
of genomics.
For the first time, 20 delegates from Iran and equal number of
delegates from China participated in the event. After the release of
the white paper, 'The Asian Promise', prepared by Grant Thornton, the
knowledge partner of the event, country presentations were made by
delegates from all across Asia.
Commenting on the growth of biotechnology sector in Asia, Mr Mahadeven
Narayanamoni, partner and healthcare leader, Grant Thornton, said,
“With the growing interest from government and private players, the
Indian biotech sector has a promissing future. The Asian biotech sector
witnessed 43 M&As and private equity deals worth $121 million (
![](http://www.biospectrumindia.com/images/content/2010/aug/INR-currency_symbol.jpg)
550 crore) and 93 alliances/
collaborations in 2010. It is estimated that the bioagri and
bioservices sectors will witness more collaborations and gain more
contract research opportunities.
Inviting foreign companies to invest and collaborate in China, Mr Yang
Weigang, deputy director general, Beijing Municipal Science and
Technology Commission, said, “There are more opportunities for
partnership and collaboration. The biopharma market in China was
estimated at $179 billion (
![](http://www.biospectrumindia.com/images/content/2010/aug/INR-currency_symbol.jpg)
810,000 crore) in 2010�.
In his address, Prof Abbas S Lotfi, director general, National
Institute of Genetic Engineering and Biotechnology, Tehran, Iran, said
that Iran is open for collaboration/ partnership with Indian
biotechnology companies.
Acknowledging the advancements in biotech, Mr ESL Narasimhan, Governor
of Andhra Pradesh awarded YSR Innovation award to Ms Chaitanya Reddy of
Vishnu Dental College, for the project 'Manually operated mobile air
compressor' for use in the dentistry and the BioAsia Young Minds Award
was given to Mr Vignesh Sridharan from Chennai. The Iranian Biotech of
Republic of Iran received the best Trade Show Award with first runner
up being Sri Biotech from Hyderabad and second runner up, Lab links
Biotech, Bangalore.
The ninth edition of the event is scheduled for February 09-11, 2012.
Suchithra Pillai in Hyderabad