News
Bio Connect Kerala 2023
- by Team ABLE - 25 May, 2023
The Bioconnect Industrial Conclave, organized by KSIDC (Kerala State Industrial Development Corporation), Kerala Lifesciences Park, and the Kerala Government, was a three-day program aimed at promoting and strengthening the life science industry in Kerala. The event featured panel discussions, plenary talks, sessions by venture capital investors, and showcased ten selected startups. The Minister of Industry also attended the event and expressed the government's commitment to provide support to current and future programs.
Mr Narayanan Suresh, COO, ABLE was the moderator for the panel discussion on Strengthening the Life Science Industry in Kerala. Dr. P. M. Murali, President, ABLE Council of Presidents was also a part of the panel. The discussion featured experts from pharmaceuticals, medical devices, nutraceuticals, and biotech sectors, who highlighted the challenges and opportunities for bringing the life science industry to Kerala. They stressed the need for creating a supportive environment and infrastructure, including specialized parks, research centers, and manufacturing facilities. The government's role in developing policies and fostering collaboration was also emphasized to attract and nurture life science companies in the region.
A diverse range of panel discussions enriched the event, covering key areas of focus in the biotechnology industry. These included insightful sessions on “Genomics, Translational Research, and Industry-Academia Collaboration”. The panel on "Attracting Investors" highlighted the perspective and criteria of investors when considering life science projects Kerala must showcase the potential, viability, and scalability of startups and create an investor-friendly ecosystem. Discussions on establishing an "Apex Body for Biotechnology" aimed to oversee the progress of biotechnology in the state, provide strategic guidance, and foster collaboration between various stakeholders. The "Bioeconomy Opportunities Study" panel delved commissioning a comprehensive study to understand the bioeconomy opportunities in the state that will help identify potential areas of growth, investment, and development. Additionally, panels on "Policy Creation and Promotion" and "Participation in Overseas and National Events" emphasized creating a clear and well-defined policy for the life science industry and selecting flagship overseas exhibitions and meetings relevant to the life science industry and having Kerala participate will help showcase the state's capabilities on a global platform.
Industrial Conclave on Life Sciences
