More than 75 Belgian companies and universities will be in San Diego, USA, June 23-26, for the 2014 BIO International Convention, the largest of its kind in the world. Around15,000 biotech specialists will be presenting their innovations, products and services, and looking for financial backers or partners to bring their inventions to the market.
The Flemish presence at BIO has been organized by FlandersBio, the cluster for the Flemish life sciences sector, and Flanders Investment and Trade, the government agency supporting home-based companies doing business abroad and foreign companies looking to set up or expand operations in Flanders, as part of their mission to put Flanders on the map as one of the top regions for the biotech sector.
For the biotech and pharmaceutical sector, BIO is the 'place to be' for making deals, showcasing the latest medical and other biotech innovations, and gaining insight into current business and market trends.
The Belgian delegation includes universities, spin-offs and start-ups, as well as representatives from larger biopharmaceutical corporations (download brochure with all participants). All are united by their search for partners.
The starting companies are looking for investors and pharmaceutical partners to take their new medical breakthroughs to the next stage. Getting research results from the university lab to the product development stage and from there to the clinical trial stage demands all sorts of additional expertise and very deep pockets. It is almost impossible to accomplish without the help of a pharmaceutical partner.
Pharmaceutical companies, on the other hand, are looking for new technologies and innovative research that fits into their core activities and which can be found mainly at university labs and startups. For them, BIO is the perfect place to get an overview of all the latest discoveries.
BIO is an annual convention that, over the years, has developed into the most prestigious biotech and pharmaceutical tradeshow in the world. Attracting representatives from over 62 countries, it is the world's largest 'one-on-one' partnering event for the sector. Attendees can connect online beforehand and set up meetings to discuss their mutual interests. Some 28,000 such individual meetings are expected to take place during BIO.
It is in particular the prospect of these one-on-one partnering meetings that lure the Belgians to San Diego. They are a unique opportunity for identifying the right contacts, whether you represent a startup looking for financing or a well-established company looking to expand its business.