27 October 2023 | Friday | Interaction
Mr. Shakthi Nagappan, CEO of Telangana Life Sciences
In a rapidly evolving world where data and artificial intelligence have become paramount, BioAsia 2024 presents a theme that transcends traditional boundaries and redefines the possibilities in the life sciences industry. BioPharma BoardRoom the privilege to sit down with Mr. Nagappan, the CEO of Telangana Life Sciences, a trailblazing organization in the field. He sheds light on the significance of the event's theme, "Data and AI: Redefining Possibilities," and its alignment with Telangana Life Sciences' vision and goals. This insightful conversation delves into the critical areas where data and AI are set to revolutionize healthcare, Telangana's innovative strategies to stay at the forefront of the industry, and the invaluable sessions and collaborations attendees can anticipate at BioAsia 2024. Furthermore, Mr. Nagappan shares how Hyderabad, the host city, is poised to grow and gain global recognition as a hub for life sciences and healthcare innovation through this extraordinary event.
Mr. Nagappan, as the CEO of Telangana Life Sciences, can you share your perspective on the significance of BioAsia 2024's theme, "Data and AI: Redefining Possibilities," and how it aligns with the goals and vision of your organization?
In a data-driven world, this theme calls for the convergence of human ingenuity and AI to shape the future of healthcare, reshaping research, diagnostics, treatment, and patient care. The theme encapsulates the profound impact of data-driven technologies and artificial intelligence on the trajectory of healthcare.
I am confident that the deliberations at the event will unlock new dimensions in the world of life sciences and healthcare through the lens of Data and AI. The sessions will also emphasize the need for responsible AI and robust data governance to address global health challenges while safeguarding privacy.
Over the years, BioAsia has consistently risen as a global platform that fosters meaningful dialogues among industry leaders, policymakers, researchers, and innovators. BioAsia 2024 is set to elevate this legacy by assembling influential global leaders and participants from more than 50 countries, fostering collaborations and partnerships that transcend geographical boundaries.
BioAsia 2024 aims to explore the transformative potential of data and AI in the life sciences industry. Could you highlight some specific areas or applications where you see these technologies making the most significant impact in the coming years?
Certainly, the transformative potential of data and AI in the life sciences industry is vast and holds promise in several key areas, such as drug discovery and development, accelerating diagnosis, clinical development and trials, genomics & personalized medicine, virtual Health Assistants, and patient support, among many other applications.
BioAsia 2024 will explore the pivotal role of data-driven technologies and artificial intelligence in shaping the future of healthcare, pharmaceuticals, biotechnology, and medical devices.
With the convergence of innovation, data, and artificial intelligence at the heart of BioAsia 2024, what innovative strategies or initiatives is Telangana Life Sciences implementing to stay at the forefront of this rapidly evolving industry?
Telangana has established itself as one of the world’s most prominent destinations for the Life Sciences sector, showcasing India’s commitment to innovation and excellence on the global stage. To remain at the forefront of the rapidly evolving life sciences industry, the government has embarked on an ambitious journey to cultivate innovation, drive digital transformation, and establish the state as a Health-Tech Mecca.
Among others, our collaboration with the World Economic Forum (WEF) to establish WEF's inaugural life sciences Center for the Fourth Industrial Revolution (C4IR) in Hyderabad underscores our commitment to cutting-edge healthcare advancements.
Further, our exceptional infrastructure, high standard but low cost of living, and access to world-class talent position us as an ideal destination for high-end Global Capability Centers (GCCs) and Global Innovation Centers (GICs).
The event mentions fostering insightful discussions and networking opportunities. Could you tell us about any particular sessions, speakers, or collaborations at BioAsia 2024 that you believe will be particularly valuable for attendees and the life sciences community as a whole?
We are extremely pleased with the way the event is shaping up. This will perhaps be the first time in the Country and region that so many influential global leaders from healthcare industry are coming together under a single platform, clearly emphasizing the repute of BioAsia.
Extraordinary line-up of speakers include Mr. Dave Ricks, CEO of Eli Lilly, Mr. Geoff Martha, Chairman and CEO of Medtronic, Dr. Chris Boerner, CEO of BMS, Mr. Christophe Weber, CEO of Takeda, among others. Participants can anticipate discussions on innovative approaches to R&D, new supply chain models, integration of cutting-edge medical devices and therapies, along with data-driven healthcare solutions, offering valuable takeaways for the industry's future direction.
The event also will feature Nobel Laureate Prof. Gregg Semenza, whose expertise in molecular medicine and oxygen sensing mechanisms could inspire discussions on groundbreaking research directions and their potential implications for healthcare.
BioAsia 2024 certainly promises to be a one-of-its-kind event for attendees to engage with industry leaders and visionaries, fostering insightful dialogues and valuable collaborations that could shape the future of the life sciences community.
Hyderabad is hosting BioAsia 2024, and it's known for its growing life sciences ecosystem. How do you envision the event contributing to the growth and recognition of Hyderabad as a hub for life sciences and healthcare innovation?
I strongly believe BioAsia has played a key role in our journey to becoming the life sciences capital of India and an important hub globally. It is the single largest platform for the Life Sciences Industry, and we are proud to host it year on year. BioAsia has helped us get recognized at a global level and has connected us to the global ecosystem, which is crucial for us to support our Vision for the Industry.
The event, drawing participation from global leaders and experts, not only highlights Hyderabad's existing strengths but also provides a platform to demonstrate its capabilities in cutting-edge research and innovations. By facilitating collaborative dialogues, the exchange of expertise, and the presentation of local achievements, BioAsia serves to enhance Hyderabad's standing as a hub of excellence in the life sciences and healthcare field. This heightened global recognition not only draws in investments but also nurtures vital international collaborations, igniting innovation and solidifying Hyderabad's position as a driving force for ground-breaking advancements in the region.
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