Why in News?
The 23rd BioAsia 2026 global life sciences conference organized by the Telangana government.
Description:
1. About the event:
- Nature: 23rd edition of the annual flagship life sciences and healthcare forum.
- Organizer: Government of Telangana (First edition held in 2003).
- Host City: Hyderabad. Hyderabad contributes to the one-third of global vaccine production. Recognized as the “Vaccine Capital of the World”.
- Core Verticals: Biopharma, Vaccines, Clinical Research, MedTech, and AI in Healthcare.
2. The Genome Valley, Hyderabad:
- Established: 1999 (India’s first organized life sciences cluster).
- Significance: A high-density hub housing 200+ companies including global Pharma majors, Biotech firms, and Contract Research Organizations (CROs).
- Role: Acts as the base for the “Plug-and-Play” model for R&D and manufacturing.
3. Next-Gen Life Sciences Policy (2026–2030): Telangana aims to transition from “Volume-driven” to “Value-driven” manufacturing.It is Integral to Telangana’s target of becoming a $1 trillion economy by 2034.
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