THE BIOSINGAPORE BULLETIN April 2013 Networking PLUS APRIL 2013 This month BioSingapore proudly invites Dr. Jonathan Obaje from URAH Transdermal to provide the BioSingapore community with an up-to-date clinical review of glucosamine as a chondro-protective agent and highlight the relationship between efficacy of delivery and therapeutic benefit of glucosamine. Date Wednesday 24th April 2013 from 6.30pm – late Venue B @ Rochester 8 Rochester Park Singapore 139219* (Between Science Parks /NUS and Biopolis) The event is $30 to Members and $40 for non-members which include two drinks (draft beer, wine or soft drinks) and some great finger-foods by "B". Individual membership can be paid at the door or online at www.BioSingapore.org.sg by PayPal. If you take an individual membership, your money will be returned if your company enrols as a Corporate Member during the same financial year. BioSingapore would like to thank the following companies for their support as our corporate members: CALENDAR OF EVENTS ASIA BIOTECH INVEST 2013 With Asian countries rapidly emerging as drivers of growth in both research as well as investment in biotechnology, Asia is the place to be to find new biotech projects, partners and investors. Date: 3 – 5 June 2013 Place: Sheraton Hotel & Towers, Hong Kong Registration & Fee required Note: 10% discount for BioSingapore members upon registration. STRATEGIC PHARMA MARKETING ASIA 35% of global pharma growth will be driven by Asia over the next 5 years (IMS, 2011). As the purchasing power of Asians increase, gaining entry to this complex region is not an easy task. Each country has its own unique culture and local understanding is vital in achieving success in sales and marketing of products. Date: 1 – 4 July 2013 Registration & Fee required Note: 20% discount for BioSingapore members upon registration. PHARMACEUTICAL REGULATORY SUMMIT 35% of global pharma growth will be driven by Asia over the next 5 years (IMS, 2011). As the purchasing power of Asians increase, gaining entry to this complex region is not an easy task. Each country has its own unique culture and local understanding is vital in achieving success in sales and marketing of products. Date: 27 – 30 August 2013 Note: 20% discount for BioSingapore members upon registration. Johnson & Johnson Newsletter 1 “Opportunities in the Biomedical Sciences sector in China” th The “Opportunities in the Biomedical Sciences sector in China” event was held on 20 March at the Quintiles Singapore Office with over 80 participants from BioSingapore & the Chinese delegation. The event started with an opening address by BioSingapore’s Chairman, Mr. Simranjit Singh. He spoke about the mega trends in the healthcare industry in China and its future opportunities. The key drivers of growth for China’s healthcare industry are its rapid urbanization, changing population demographics, new business models with a strong focus on “Value for Many”, high adoption of technology (doctors in China spend the on average 5 hours daily on the internet for knowledge gathering & CME) & a strong focus on “healthcare” rather than “sickcare”. The session then continued with Mr. Yang Yihang, Deputy Director General of the China Investment Promotion Agency (CIPA) introducing the Chinese delegates which included eminent government officials such as Mr. Lei Ming, Vice Mayor of Tianshui province & Mr Liu Kai, Deputy Director of Life Sciences at CIPA. Senior management of prominent Chinese pharma companies such as Simcere (listed on NYSE), Haofeng group were also in attendance. CIPA’s core focus is to invite Foreign Direct Investments (FDIs) into China as well as support Chinese companies to partner overseas. Having a key focus in the life sciences industry, CIPA offers attractive opportunities through technology transfer & incentives to set up operations in the various science parks in China as well as business matching services with various Chinese pharma & medtech companies. They are also able to assist in finding talent & business advisory. CIPA is in the midst of setting up the “Chinese Dream fund” to further support the growth of the Lifesciences industry in China. The highlight of the evening was the panel discussion with representatives from Quintiles, Mr. Ross Horsburgh, Deputy CEO Asia Markets, Ms Tan Lai Lee, VP Project Management Asia, Ms Jenny Zhang VP Central Labs Asia & CIPA executives, Mr Yang Yihang & Mr Liu Kai that covered questions ranging from the R&D landscape in China to the support available for Singaporean SMEs looking to enter China. The fantastic evening ended with wine, beer & food coupled with lots of networking opportunities. BioSpectrum Awards 2013 The fifth BioSpectrum Asia Pacific Awards 2013 were given away at a glittering ceremony at Hotel Fort Canning, Singapore, on March 15, 2013. Industry leaders and heads of companies from the Asia Pacific life sciences industry were present on the occasion. Eight start-ups in the bioscience industry across Asia Pacific were identified as the BioSpectrum Asia Pacific Emerging Companies of the Year 2013. The companies are: AseaCyte, Malaysia Biomics Biotechnologies, China Novo Informatics, India Shanghai BravoBio, China Vaxxas, Australia VeriStem Technologies, Singapore VolitionRx, Singapore XCode Life Sciences, India While the BioSpectrum Asia Pacific Emerging Companies of the Year awards are Editor's Choice Awards, the other winners are selected by the industry-jury constituted by the publication. BioSpectrum Asia Pacific Awards 2013 jury comprised Dr Chia-Lin Jeff Wang, president, Development Center for Biotechnology, Taiwan; Dr John Ballard, co founder-director, BioAngels, Australia; Ms Samantha Su, Director, Services and Biomedical Cluster, Industry Development, SPRING Singapore; Mr Ganesh Kishore, managing director, Burrill & Company, Malaysia; Mr Jong-il Hong, vice president, KoreaBio, Korea; Dr P M Murali, MD & CEO, Evolva Biotech & president, Association of Biotechnology-Led Enterprises, India; and Mr Narayanan Suresh, chief editor, BioSpectrum Asia, CyberMedia, India. BioSingapore applauds the efforts of BioSpectrum Asia as the only Asian based BioSciences industry trade magazine and are proud to be the Official Partners for the BioSpectrum Asia Awards 2013. BioSingapore in the News How are patent laws leading to the harmonizing effect? by Yvette Flannigan There have been recent changes to the US patent laws that have brought the US laws closer to those of the rest-of-the-world. You may have heard about some of them such as, changing the first to invent system to a first-to-file system. This is allowing companies to file patent application rather than requiring the inventors to first file the patent application and then have the inventors assign the application to the company. TOP STORIES MedTech firm TriReme expands distribution in China Singapore: Singapore-based TriReme Medical has signed a distribution agreement with Weihai Weigao Medical Devices for the distribution of its products in China. Weigao will act as TriReme's master distributor by selling TriReme products directly to hospitals as well as connecting TriReme products into its vast nationwide distribution network. Glivec inventor wins Szent-Györgyi Prize Singapore: Professor Alex Matter, CEO, Experimental Therapeutics Centre (ETC), A*STAR, Singapore, has been awarded the 8th Annual Szent-Györgyi Prize for Progress in Cancer Research by the National Foundation for Cancer Research (NFCR) for his contributions to the development of the first drug specifically targeting a molecular lesion in cancer.
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