KTR, Telengana Minister Woos U.S. Life Sciences Companies, Ready To ‘Beat Any Offer’

Representatives of 18 biotechnology companies attended the roundtable meeting chaired by KT Rama Rao, Telangana information technology and industries minister, where they exchanged ideas on how to promote innovation and investments in the State of Telangana.

Rama Rao, popularly known in Telangana as KTR, was visiting Silicon Valley past month, and during the roundtable meeting with key Biotech, Pharma, and Lifesciences companies, invited them to his state, He discussed the emerging trends in the sector, strategic initiatives that can be rolled out by the Telangana government, and support that can be extended by the government, policy interventions, etc.

Industries and IT Minister KT Rama Rao chaired an industry roundtable with select leaders of biotechnology companies based out of the Bay Area, USA. He presented the overall life sciences and biotechnology ecosystem in Telangana along with the success stories and investment opportunities in the sector.

Rama Rao invited the companies to set up their research and development, digital and manufacturing operations in Hyderabad.

The industry leaders lauded the efforts of the Government to accelerate growth in the life sciences sector and responded positively to Rama Rao’s request to explore investment opportunities in Telangana.

Further, the roundtable discussed the emerging trends in the sector, strategic initiatives that can be rolled out by Telangana Government, support that can be extended by the Government, policy interventions and others to promote innovation and investments in the Telangana.

Industry leaders from Apollomics, Aarvik Therapeutics, Chemveda Life Sciences, Abbvie, Protagonist Therapeutics, Samsara Capital, Stanford India Biodesign, Orbees Medical, Dice Therapeutics, Seal Rock therapeutics, Vasa Therapeutics, Aria Pharmaceuticals, Atomwise, Genentech, Frazier Health Sciences, Alector, Gilead Sciences, AngioSafe and Tosk were among those who attended the roundtable.

Industries Principal Secretary Jayesh Ranjan and Life Sciences Director Shakthi M Nagappan were present.

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