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Optics Valley of China Biolake Participates in 2013 BIO International Convention

Release time: 2013-04-25 14:39:35                                      Source: OVC

On April 22, BIO 2013 Annual International Convention and Exhibition was opened at McCormick Place in Chicago. Biolake led the companies from its six parks and participated in the exhibition.

On the same day of the Convention’s opening, the world’s leading bio-services outsourcing company Frontage Laboratories, LLC., global consulting firm Biomedical Consulting LTD. and medical device company MediWise Ltd. signed contracts to move in Biolake.

During the convention, Biolake also held friendship promoting activities for the International Biopharmaceutical Enterprises Strategic Alliance in Biolake’s own exhibition hall on the second floor of the convention center. According to reports, the International Biopharmaceutical Enterprises Strategic Alliance was officially established in Biolake in October 2012. At its inception, the Alliance attracted nearly 40 international biomedical parks, service companies, and biopharmaceutical companies to join. As the first international biopharmaceutical industry alliance initiated by a Chinese national-level biomedical industry park, the Alliance is committed to building a global business exchange and cooperation platform. It aims to develop into China’s No.1 international industry alliance within one or two years.

Biotechnology industry is one of the five pillar industries in Wuhan East Lake High-tech Zone. Since its commencement of construction in November 2008, Biolake has been increasingly improved in terms of infrastructure and supporting facilities, and constantly increased agglomeration effect. Six major platforms have been built respectively for technical support, public service, business incubation, information resource sharing, investment and financing, and talent introduction. A series of innovation achievements has played a leading role in the world. Biolake ranks among the top three in terms of comprehensive strength among the 26 biotechnology industry parks in China.

As of March 2013, the number of enterprises settled in Biolake reached 466. Six Fortune 500 companies including Pfizer, Fresenius, Syngenta, and Honeywell and 11 listed companies including Sinopharm Group, China National Seed Group, Pharmatech, and BGI joined in Biolake consecutively.

The first BIO International Convention was held in 1993 and is held annually after that. This year it attracted the participation of more than 140 companies from 65 countries and regions, including 23 companies from China.