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LATEST UPDATES » Volume 20, No. 6, June 2016 – Medical Devices & Healthcare Technology       » Seizing Opportunity in Asia-Pacific's Complex and Rapidly Changing Medical Device Market       » IoT in Healthcare       » High Performance Computing Cluster (HPC), Pearcey, a Result of CSIRO-Dell Partnership       » SONY Expanding Footprint in Medical Field       » Biosensors Announces Strategic Agreement with Cardinal Health       » Gene Decides How Young We Look      
EDITORIAL
Let's Get Down to Business Shall We?

We can no longer ignore the fact that Asia will be the new economic powerhouse with China and India leading the way. Not only that, Asia is on its way to becoming the bioscience industry powerhouse as well with an increasing number of Big Pharmas setting up regional headquarters in Asia, if not moving operations here altogether. The bioscience industry in Asia grew by 11%, raking in $154.4 billion in revenues in 2012.

Singapore has been ranked the 3rd most innovative country in biotech, according to the Scientific American Worldview Scorecard. Singapore comes far ahead of her other Asian peers like Hong Kong (13th), Taiwan (21st) and South Korea (22nd). It stands to reason why then the entrepreneurial spirit hasn't been reflective of this ranking. Singapore has yet to see a rise in the number of bioentrepreneurs. The entrepreneurial spirit is after all characterized by innovation and risk-taking. It is essential to rouse entrepreneurship in order to succeed in this increasingly competitive landscape.

Singapore isn't the only country facing this problem. In Taiwan, many experts are much more willing to divulge in academic writing than partake in the creation of a pharmaceutical product. Mr. Simranjit Singh, Chairman of BioSingapore, aims to push Singapore's biomedical industry to the next level by developing the entrepreneurship culture here.

Perhaps Singapore can work towards setting up an institution akin to the Supra Integration & Incubation Centre (SIIC) dedicated to promoting and educating bioentrepreneurship. Another organization holding similar programs in Taiwan is the ASCENT program by Academia Sinica introduced by Dr. David Ma to build a strong innovative and autonomous entrepreneurial ecosystem within academia.

In this edition, we kick off with an article written by Dr. James Garner of Takeda who highlights the growing importance of Asia and why it is become more crucial to have a presence in this region. Mr. Simranjit Singh of Quintiles outlines the lessons Singapore can learn from her neighbours despite being front runners in the bioscience field. Finally we have Dr. Erwin Chia and Dr. Chia Boon Tat to answer the question of the makings of a bioentrepreneur and the kind of character one must possess in setting up a bioenterprise. Both of them are pioneers in cultivating the spirit of entrepreneurship in Singapore from the student level up.


Sulastri Kamis
Editor
Asia Pacific Biotech News

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NEWS CRUNCH  
news Gather China & World Pharmaceutical Entrepreneurs, Create a New Chapter of Chinese Pharma Industry
news Mundipharma's New Betadine® Facility to Meet Regional Healthcare Challenges
news STRATASYS launches World's First Full-ColoUr Multi-material 3D PRINTER - THE J750 - In Singapore
PR NEWSWIRE  
Asia Pacific Biotech News
EDITORS' CHOICE  

Healthcare Technology Outlook 2020 - Technology uptake
COLUMNS  
APBN Editorial Calendar 2016
January:
Guest Editorial - Biotechnology In Korea
February:
Guest Editorial - Biomedical Research Governance
March:
Guest Editorial - Life-Saving Opportunities: A Guide to Regenerative Medicine
April:
Leading-Edge ONCOLOGY
May:
Healthcare Systems & Policies in Asia
June:
Medical Devices & Healthcare Technology
July:
Water Technology and Management
August:
Novel Technologies for Antibody Drug Discovery in Japan
September:
Infectious Diseases
October:
Medical Tourism
November:
Biomedical Imaging Technology
December:
Food Technology
Editorial calendar is subjected to changes.
– Editor: Carmen, Jia Wen Loh
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