B.C. Industry News
Business in Vancouver – B.C. life sciences companies participate in India trade mission
February 19, 2014
By Emma Crawford-Hampel
Three British Columbia life sciences companies spent the last week in India on a trade mission to expand markets for B.C. businesses, the provincial government announced February 19.
IC-IMPACTS, Canada India Network Society and SignalChem Life Sciences Corp. attended the Bangalore India Bio, a biotechnology conference organized by the government of Karnataka, a province in India. The delegates also met with representatives of the Indian biotech and pharmaceutical sectors and research organizations.
â€œThe B.C. government’s life sciences trade mission to Bangalore, India, was an exceptionally well-organized mission that yielded several new partnership opportunities for IC-IMPACTS with both industrial companies and academic institutions in India,â€ said IC-IMPACTS associate scientific director Dr. Stewart Aitchison.
â€œThe opportunity to engage with these new organizations will significantly aid IC-IMPACTS in successfully delivering its public-health research program. The trade mission has proven to be a very successful event for IC-IMPACTS with tangible outcomes for our centre’s future.â€
The provincial government said that exports to India increased 45.1% in 2013 compared with one year prior, and that rapid growth in the life sciences industry is expected due to the country’s expanding middle class.