SIP Pharmaceutical Alliance Founded at BioBay
Suzhou Industrial Park Pharmaceutical Alliance held a founding ceremony on December 23 and announced the first 30 members. Its mission is to promote SIP's medicine industry by enhancing information exchanges, publicizing government policies, providing industrial services, sharing projects, and organizing training programs.
The first 30 members come from segments of small molecular drugs, macromolecular drugs, natural medicine, diagnostic reagents, biotech, and service outsourcing. The alliance plans to reach out to R&D and research institutes for partnership and cooperation.
Biomedicine is one of the rising sectors to which local government attaches strategic importance. There are over 400 biomed companies at BioBay in the clusters of drug R&D, medical device, and biotech, creating an energetic industrial ecosystem in SIP. President Pang Junyong of BioBay promised comprehensive support and service from the newly founded alliance to local companies.
December 24, 2014