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Polish companies at BIO International Convention 2014

Polish companies at BIO International Convention 2014

Publish date: 2014-07-21

BIO International Convention 2014 in San Diego has attracted numerous companies and institutes that wanted to present their offers as well as start off new business partnerships. Dr. Anna Boguszewska-Chachulska, CEO of Genomed SA, describes how participation in such events is beneficial for Polish companies. Genomed SA is focused on personalized medicine and molecular diagnostics based on Next Generation Sequencing.

Tags: BIO convention , San Diego , Polish companies , Genomed SA

About 16,000 participants took part in this year’s BIO International Convention that was organized in San Diego. Among them, there were 2,500 CEOs representing their companies, from 70 different countries. During the convention, 29,000 partnering meetings took place. Such huge events create great opportunities for companies, which want to present their offers and become a crucial players at the international bio-business field.

The important part of BIO Convention was BIO exhibition that included regional and country pavilions hosting companies and institutes from their regions. The “Poland pavilion” was represented by Biovico, Genomed SA, Komtur Polska, Polpharma and Institute of Industrial Organic Chemistry Branch Pszczyna, which are consolidated in Sector Promotion Programme for Polish Biotech & Pharma set up by Ageron Polska in cooperation with Ministry of Economy. Additionally, Poznan Science and Technology Park and WTS Polish and European patent attorneys were present at Business Services Zone and Phage Consultants exhibited at Bio Process Zone. Apart from Polish companies central Europe was represented also by Czech Republic Pavilion.

What opportunities and benefits for central European biotechnology companies are associated with participation in such events as BIO International Convention?

Anna Boguszewska-Chachulska: First of all, it gives a great possibility to appear on the market and present the brand, services and products of the company. Although BIO Convention was held in the USA, actually it is a truly international meeting and the offer can be provided not only to American market but also to potential partners from Europe and Asia. Secondly, due to partnering meetings, it is possible to find potential business partners. It happens mutually – we invite and we are invited. During such meetings, companies can present each other their services, which is a basis for future cooperation. Another crucial thing is that during such events one can become familiar with new solutions that might be applied e.g. for cost reduction or to acquire new tools for realization of R&D projects. As I am trying to keep up with all new trends in the branch, from my point of view, the participation in numerous sessions and presentations that were available for the attendees is really essential to be acquainted with newest approaches for example in personalized medicine, which is a main area of interest of Genomed SA. It unveils, where we are going as the biotech and health care sector and at which stage of this development we are now as a company. Other crucial topics that were brought up were associated with patenting issues in biotechnology.

It shows that participation in such events is extremely beneficial in many areas.

Anna Boguszewska-Chachulska: Yes of course. Each day of the convention may be full of interesting sessions and partnering meetings. Apart from those arranged earlier, there are many opportunities for spontaneous discussions in front of the stands. When visiting other pavilions, it is also possible to exchange opinions and to see new approaches, services and products that companies from the whole world offer.

Did “Poland pavilion” arouse a big interest amongst the participants?

Anna Boguszewska-Chachulska: It is difficult to compare it to other pavilions, however, I saw that ‘Poland pavilion” has generated a lot of attention. There were numerous partnering meetings in our area taking place at the same time. In my opinion the whole idea of “Polish pavilion” is really felicitous. It not only reduces the cost but also consolidates different companies from Poland and enables exchange of information. In the same time, in a group we could attract more people and make Polish stands more noticeable. It also enables organization of bigger meetings.

Do such events enable making real business deals?

Anna Boguszewska-Chachulska: Yes, and as I emphasized it is not only restricted to the USA market, which is very challenging for particular services e.g. diagnostics. As companies from the whole European Union present their offers, it is possible to make real deals with them. Indeed, after this year’s BIO Convention I see a great hope for creating new business partnerships for Genomed SA. EU enterprises also performed a lot of presentations encouraging to cooperation. Moreover, it is also possible to acquire knowledge how to get funds for R&D projects. Summing up, I think that participation in such events, apart from appearance at the international market, can give Polish companies an overview for future opportunities associated with development and collaboration.

 

Dr. Anna Boguszewska-Chachulska is CEO, co-founder and joint owner of Genomed SA company.

by Maciej Smolarz

 

 

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