Hyderabad, Feb.17 (RAHNUMA): Chief Minister A. Revanth Reddy said BioAsia stands as proof of Hyderabad’s success as a life sciences hub. He expressed confidence that BioAsia held in Hyderabad would soon be recognised on the lines of the World Economic Forum organised in Davos.
The Chief Minister made the remarks after inaugurating BioAsia 2026 at HITEX on Tuesday, along with IT & Industries Minister D. Sridhar Babu.
He highlighted Telangana’s strengths which will support its rise from being a global vaccine capital to become global life sciences capital — strong vision and clear policy, availability of highly qualified human resources, and great educational institutions. He said Hyderabad is a global hub for Global Capability Centres, with excellence in research and design.
Revanth Reddy mentioned about the recent launch of the Telangana Next-Gen Life Sciences Policy at Davos, the expansion of Genome Valley, launch of 1Bio or world-class research and innovation, the acceleration of Green Pharma City, and opening of various global capability centres in Hyderabad.
Considering the massive turnout from around the world at BioAsia, the Chief Minister said the conference could surpass its name and be renamed as Bio-World. Hyderabad has potential to rise from global vaccine capital to become global life sciences capital, he said.
“In the last two years, we have received over Rs 73,000 crore investments in life sciences.” Hyderabad is the preferred destination to set up GCCs, build innovation engines, design molecules and drugs, manage your clinical analytics, build AI platforms and drive digital manufacturing, he added.
He highlighted the presence of major thought and business leaders in pharma, bio-sciences, bio-tech, bulk drugs, vaccines and healthcare in Hyderabad.
Revanth Reddy explained that Hyderabad emerged as a trusted, stable, and future-ready ecosystem. “From bulk drugs to biologics, from manufacturing to innovation, from India to the world, Telangana is moving up the value chain.”
BioAsia 2026 saw a record participation with more than 4,000 delegates representing 500 top companies of the Lifesciences ecosystem from all over the world.
The Chief Minister presented Prof. Bruce Levine, renowned professor from the University of Pennsylvania, with the Genome Valley Excellence Award.
